#Write2Earn: The 3-day outlook for the $ETH/$BTC pair reveals resistance at 0.06 $BTC , notably at the 100 EMA.
The current position at 0.054 $BTC raises the likelihood of further rejection toward lower support levels. It's crucial to recognize the interconnected nature of the crypto market, where the ETH/BTC pair often dictates trends. A bearish ETH/BTC pairing tends to indicate a bullish trend for BTC, and vice versa, owing to the constant flow of funds between the two. The ongoing rejection in the ETH/BTC pair suggests a potential uptrend for BTC, influencing a broader positive sentiment in the altcoin market. If this trend persists, a notable rally in BTC could be on the horizon, impacting the wider cryptocurrency landscape.
