For ETH/Bitcoin to truly bottom, ETH/USD is predicted to break down below support, which would likely occur if Bitcoin struggles to achieve new highs, thereby leading to a change in monetary policy. Alternatively, ETH/Bitcoin could bounce to the bull market support band and then form a double bottom as the Fed ends quantitative tightening.
"the way for eth Bitcoin to truly and convincingly bottom where people are actually going to believe it I think would be for it to for it to break down here but it only breaks down if Bitcoin struggles to put in a new high then it would likely cause eth USD to break below support which would then likely lead to a change in monetary policy... there does exist a scenario where e Bitcoin bounces back to the bullmark sport band and then comes back down to a double bottom as the FED ends quantitive tightening"