Ethereum has faced challenges against Bitcoin’s surge, with a yearly decline of 42%, contrasting with Bitcoin’s 53% increase. Peter Brandt’s analysis of the ETH/BTC pair indicates a continued downtrend, emphasizing the lack of ETH’s momentum.
Despite recent struggles, Ethereum ETFs in the U.S. Recorded their first positive net inflowafter eight weeks of outflows, adding approximately 40,000 ETH, signaling a potential sentiment shift. Monitoring the ETH/BTC pair’s movement may indicate future trends.
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