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Ethereum echoes Bitcoin’s post-ETF pattern: Will ETH rally 90%? Ambcrypto 26 Jul 2024

Ethereum echoes Bitcoin’s post-ETF pattern: Will ETH rally 90%? 📈

Ethereum is mirroring Bitcoin's post-ETF pattern from previous years. This correlation has led to speculation that ETH could see a 90% rally. Analysts are drawing parallels between the two cryptocurrencies, especially regarding market behaviors following significant financial product introductions. ETH's movements and Bitcoin's historical performance suggest potential for substantial price gains. The market is watching closely to see if Ethereum will follow through with the projected 90% rise. Many investors are optimistic yet cautious. The speculation is based on previous trends observed in Bitcoin after the launch of its ETF. This pattern may or may not repeat, as market conditions can vary. However, the potential for gains is generating considerable interest and excitement among investors.

Source: ambcrypto.com ↗

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