Since I've mentioned $SOL as this season's altcoins King, here is #SOLBTC chart for comparison. While ETHBTC sucks, #SOL is moving within "bull flag" pattern, very close to another breakout 👀

#Ethereum vs $BTC is a classical instrument to see if alts market is bullish or bearish. Yes, since classical times other influential alts appeared (like SOL), but #ETHBTC remains the main one IMHO. And here we can see total bearishness.

Last week $ETH closed below falling wedge lower trendline. If this week keeps that momentum, we may expect it to drop down to ~0.033 (March'21 close).

If turn bullish and close this or next week above ~0.038 that PA can be taken as first signs of #ETH bullish reversal (and start of alts season)