wanna listen to your comment, thanks a lot for the analysis.
To achieve this miracle, you're looking at an 80% increase in this ETH/BTC ratio. It is possible, sure. But is this probable?
Keep in mind the gold trend line is getting further and further away from your red resistance line so this 80% percentage will increase over time.
The crypto world has changed in the past year and I don't think we can compare this year's ratios with last year's until these external factors turn positive in ETH favor over BTC. I expect this ratio to drop by another 33% to 0.02 by end of the year, if not sooner (Oct 30?).
Charlie Brown is running to kick the football, and we all hope Lucy won't pull the football away this time. But Charlie Brown should know better. And so should we.
Just remember. Price causes sentiment, not the other way around.
If ETH was at 0.1 on the ratio, no one would give a shit about scalability. Have fun missing out