As I have been saying for a couple months, the stabilization exhibited in the Bitcoin price these past months seems highly artificial by any reasonable historical standard. What's more likely, that BTC magically woke up and decided to be above 100K for the rest of its life; or that it decided to crash only half as hard during pullbacks than it ever used to; or that certain deep pocketed BTC aficionados have been spending like crazy in an attempt to pretend like this is all normal? This is a 2.1 TRILLION asset that almost fell down the stairs midweek when one of the many random BTC whales woke up and decided to market sell a wee little for ETH. Combine this with the relatively high cost of miner dumping, high lev among Saylor and miners, and btc->eth meta, and you get a highly volatile situation situation that only appears stable on the surface. The great news for ethereum is that regardless of how bad BTC performs, ETHBTC is going to continue grinding way up, on avg, over all time horizons. Just remember that when BTC dumps it says nothing at all about ethereum, even though ETH has to dump with it. Focus on the ratio and our dope fundamentals.