Matrixport: Ethereum May Underperform Again

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ODAILY
06-12
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Odaily Odaily News Matrixport published an analysis that the ETH/BTC exchange rate has been on a clear downward trend since the merger of the PoW and PoS chains in September 2022. Although Ethereum occasionally surpassed Bitcoin for a short period of time, this situation did not last. As the exchange rate pair approaches the top of the downward channel, ETH may perform poorly again.

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