ETH could reach the 0.048 - 0.052 region for 1BTC (37%)

The monthly timeframe for ETHBTC seems to have found a strong support at the 0.035 region with some signs of a possible pullback that could reach the 0.048 to 0.052 region for 1 bitcoin.
That region has several confluences between fibonacci levels, strong resistance and the value area low from the broke trend since sep 2023 to now.
Chart PatternsTechnical IndicatorsTrend Analysis

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