Matrixport: As the ETH/BTC exchange rate approaches the top of the downward channel, Ethereum may underperform again
ChainCatcher news, Matrixport officially announced that since the merger of PoW and PoS chains in September 2022, the ETH/BTC exchange rate has been on a clear downward trend. Although Ethereum occasionally briefly surpasses Bitcoin, this situation does not last. As the exchange rate approaches the top of the downward channel, ETH may perform poorly again.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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