Ethereum Shows Continued Signs of Weakness Against BTC as Uptrend Stalls

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Ethereum has been struggling to match the momentum seen by Bitcoin as of late This has caused its price to decline by roughly 5% from its recent highs as bulls struggle to gain any traction Bitcoin’s ongoing consolidation phase isn’t helping either, as some investors are fleeing more volatile assets like ETH in anticipation of BTC seeing a rejection It is still holding steady above $400, which is a positive sign that indicates upside could be right around the corner One analyst is now noting that he is expecting ETH to see continued weakness as long as it remains below one key technical level Bitcoin is currently caught within a tight consolidation phase around $13,000, causing altcoins like Ethereum to see some slight weakness. This weakness is likely rooted in uncertainty, as investors still don’t know if the recent market-wide uptrend marks the start of a sustainable rally or if…

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