$BTC is defending the short-term structure, but $ETH is the real test of market breadth.
If ETH can’t confirm BTC strength, the move may be more concentrated than it looks.
The key read:
→ Price
→ Volume
→ Open Interest
BTC stability + improving ETH participation → Expansion
BTC holds + ETH diverges → Narrow strength
I’m watching whether liquidity starts spreading beyond Bitcoin or stays$BTC $ETH