A few the technical analysis:
The price of ETH/BTC is in dangerous proximity from horizontal support (blue line). If the price break her will fall much below, probably (0,04-0,05).
Seeing on this technical analysis it does really have a strong support and incase theres a breakout then the price would some play on those ranges which is 0.04-0.05 which we would consider the new price trend on ETH but for now there is really a strong support on which we should really watch out incase there would be some breakouts.The price of ETH/BTC is in dangerous proximity from horizontal support (blue line). If the price break her will fall much below, probably (0,04-0,05).