2026-01-02 19:27:21

ETH against BTC showing strong technical setup on the daily timeframe. The chart is painting a classic bullish dragon formation here, with price pulling back across three bars before reversing. That engulfing candle pattern at the key level is textbook bullish momentum—exactly the kind of setup traders scout for counter-trend bounces. If this holds, we could see some interesting flow into altcoins relative to BTC dominance.

ETH3.89%

BTC1.29%

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GasGuzzler

· 3h ago

Dragon form again... Looks pretty interesting, but don't be fooled by the hype.

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ser_ngmi

· 3h ago

The dragon pattern is indeed interesting, but I've heard this kind of chart explanation too many times, and it always ends up failing.

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MetaLord420

· 3h ago

ngl I’ve been looking at this dragon form for a while and I’m still a bit confused, but if it really rebounds, then altcoin season should be coming.

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AirdropHustler

· 3h ago

Dragon form? Here we go again. Last time I said that, I got wrecked on the floor haha

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GasOptimizer

· 4h ago

Dragon pattern + engulfing candle? Based on the data, the rebound probability is indeed within the fluctuation range, but I've seen this trick fifty times last year, and every time they say "if it works," but what was the result?

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