ETH/BTC (Ethereum pair Bitcoin)
The reason the majority of altcoins are still stuck in recent days is because the BTC dom continues to rise and is also followed by the ETH pair BTC which continues to fall.
It's simple, when the ETH pair BTC pumps, ETH's dominance rises against BTC and triggers an increase in other altcoins because ETH is the general altcoin.
But when the ETH pair BTC falls, it indicates that Bitcoin's dominance is still above Ethereum, so other altcoins cannot perform yet
Now the ETH pair BTC is supported and this is strong support for the ETH pair BTC, if it bounces in this area we should be able to see other altcoins perform, but if it breaks then BTC's dominance will still continue to rise so even if Bitcoin touches $50,000 then there will still be lots of altcoins that doesn't ride fast or perform.
So, you need to know that if the ETH pair BTC rises then this is very bullish for other altcoins because ETH has become the main indicator of altcoin movements.
It is hoped that when ETH pairing BTC increases, BTC's dominance will be halted or sideways so that other altcoins can perform.
