ETH clearly remains weaker than BTC with the beats still in control of the ETHBTC chart. We are currently essentially forming a handful of 4 hour inside bars in a row, on declining volume. We will see a volume spike and a break in these tightening patterns this morning, but I will not look for much follow through unless BTC volatility picks up as well. I personally would continue to look to BTC for bullish plays and ETH if we see BTC bearish, as that correlation would have that strategy seeing bigger gains for the most part over a large sample size and longer term time frames. ETH bears have a bit of comfort where it would be likely for BTC to see clear bull breaks, before ETH bulls followed along, due to the weaker positioning on the daily chart.