Looks like nice little wyckoff accumulation. I only noticed this because I've been looking at the same pattern on ETP/USD. (chart posted couple days ago) that pair is a bit further a long so almost serves as a blue print now.
ETP Accumulation Lower Range


Of course depends how Bitcoin reacts now but I think bitcoin is about to fail on a new test of 7400ish and come down 6600 again. Nice upside of 20% ETH/BTC to first trouble area then judge the situation.

Chart PatternsTrend Analysis

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