The two vertical lines indicate BTC's two highest levels in its history. Historically, ETH tends to show strong bullish momentum while BTC is in a pullback after major rally.
Assuming a nearing correction for BTC around the ATH level, ETH is in a very favourable position to break out and shoot higher from the confirmed double bottom which was a pattern seen in the previous run.
Assuming a nearing correction for BTC around the ATH level, ETH is in a very favourable position to break out and shoot higher from the confirmed double bottom which was a pattern seen in the previous run.