Expert Analysis: Why Ethereum Is Expected to Significantly Lag Behind Bitcoin; Timing Is Not Favorable for ETH

Expert Analysis: Why Ethereum Is Expected to Significantly Lag Behind Bitcoin; Timing Is Not Favorable for ETH

Cryptocurrency Analyst Is warning of Ethereum (ETH) Underperformance

A trending digital currency expert cautions that Ethereum (ETH) will continue to lag behind Bitcoin (BTC) (BTC).

The trader known as Credible Cryptocurrency, with over 353,200 followers on X, believes that the Ethereum (ETH) versus Bitcoin (BTC) pair (ETH/BTC) is still in a macro downtrend.

According to the analyst, the rally in ETH/ Bitcoin following news about BlackRock filing for an Ethereum (ETH) exchange-traded fund (ETF) quickly faded, indicating the pair’s weakness.

The trader predicts that ETH/ Bitcoin will fall to the range between 0.03 Bitcoin and 0.036 Bitcoin ($1,121 – $1,345). As of now, ETH/ Bitcoin is trading for 0.054 Bitcoin ($2,018).

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Hot Take: Headwinds for Ethereum

A trending digital currency expert predicts that Ethereum (ETH) will struggle to keep pace with Bitcoin (BTC) due to the macro downtrend of the ETH/ Bitcoin pair. Regardless of recent news about an ETF, the analyst believes that Ethereum’s performance will continue to be outperformed by Bitcoin (BTC) in the short term.

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Daisy Hodley emerges as a luminary blending the roles of crypto analyst, devoted researcher, and editorial virtuoso into a harmonious symphony. In the realm of digital currencies, Daisy’s insights resonate with an exquisite resonance across a diverse spectrum of minds. Her adeptness in decoding intricate threads of crypto complexities seamlessly intertwines with her editorial finesse, translating intricacy into a captivating melody of understanding.

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