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According to COINOTAG News on September 26, cryptocurrency analyst Lennaert Snyder observed that the ETH/BTC pair is exhibiting signs of momentum loss, currently testing a near-term support level around 0.035 while breaching a prior daily swing low near 0.0361. Snyder also noted an uptick in Bitcoin dominance, a metric that often coincides with capital rotation away from altcoins during early recovery phases. Market participants are advised to monitor confirmed closes and trading volume at these technical thresholds to evaluate trend confirmation; sustained BTC cap strength would increase relative pressure on altcoin performance without implying a specific price trajectory.
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