ETHBTC trade opportunity

ETHBTC has broken down from a mega bullish pennant structure, warranting cautious trading. Within this structure, a potential descending channel is forming, with price adhering to it in a corrective movement.

An accumulation zone has been identified on the chart, presenting a potentially optimal area for loading Ethereum. This view is primarily for holders, with a specific target marked on the chart.

Note that the descending channel could offer opportunities for strategic entries. However, always manage risk appropriately given the current market conditions.

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