The ETH/BTC pair is highly unlikely to experience a V-shaped recovery to new highs; any sharp bounce will be met with resistance, leading to a fade and new lows with 99.99% probability.
"You never V-shaped like this ever, ever, ever. And if you did see a move like that, I can tell you with 99.99% probability, it's going to be met with massive resistance and immediately faded back towards the downside and it's going to create new lows."