The ETH/BTC ratio is expected to break down soon (early 2024), resulting in a monthly close below 0.0049 (around 0.0046-0.0047). Losses are likely to extend into February, with a bottom potentially forming in March-April 2024. After bottoming, the ratio is predicted to consolidate for 4-6 months before entering an uptrend by 2025.
"if it does break down then I would look for some something like this right where you know you you get that initial monthly close below the 0.0049 level here it was it was just below it right but you know a little bit below it look for a monthly close maybe you know 0046 047 I I don't know where exactly um but somewhere in that area and then look to see if if February e extends it right if if February extends that loss um and then by March you know April time frame it's it's trying to find that low just like it did back over here... I'm looking for ethereum to break down against Bitcoin here relatively soon and then to spend the next couple of months sort of figuring out where that bottom actually is trying to hold that level for maybe four to 6 months and then if it can going back into another uptrend as we get into 2025"