Ether (ETH), the native cryptocurrency of Ethereum, has failed to break out once more against Bitcoin (BTC) with BTC/USD rallying by more than 8% on March 18.
There are two likely reasons why the ETH/BTC pair is failing to break through an important resistance level.
First, BTC rallied strongly in a short squeeze after the majority of the market was short throughout the past few days, outperforming most alternative cryptocurrencies.
Second, the overall macro landscape for the risk-on market is…
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