The post Ethereum Eyes $2,340 as ETH/BTC Struggles at 0.03 Resistance appeared on BitcoinEthereumNews.com.

Ethereum is showing two different but connected signals against Bitcoin and the U.S. dollar. While ETH/BTC stays trapped below a key resistance level, ETH/USD is testing a breakout retest that could decide whether the next push higher begins. ETH/BTC Holds Tight Range as 0.03 Stays Key Resistance Ethereum has moved almost in step with Bitcoin over the past month, leaving the ETH/BTC ratio stuck in a narrow band near 0.029, according to chart data shared by DaanCryptoTrades on X. The one day Binance chart shows ETH/BTC trading around 0.02929 on March 6, while price action stayed compressed inside a small sideways box through late February and early March. ETH/BTC Daily Chart. Source: DaanCryptoTrades on X That range matters because it shows Ethereum has stopped losing ground to Bitcoin for now. However, it also shows ETH has not started leading again. Instead, both assets have moved in line with each other, which kept the ratio stable after months of broader weakness. The chart highlights 0.03005 as the first nearby resistance, while 0.03259 and 0.04109 remain higher levels to watch if momentum builds. DaanCryptoTrades said the horizontal levels still matter, and the chart supports that view. ETH/BTC has reacted to these zones several times over the past year, both during rallies and declines. Most recently, the pair dropped into the current range and then held there without a decisive breakout in either direction. That pattern suggests traders are waiting for clearer direction before repricing Ethereum against Bitcoin. For now, 0.03 remains the first line Ethereum must reclaim if it wants to show renewed relative strength. A break above that area could open room for a move toward the next resistance zone near 0.03259. On the other hand, if the ratio slips below the current range, it would signal that Bitcoin is once…

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Filed under: News - @ March 7, 2026 11:52 pm