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Ethereum price revisit DecemberCoinGape
•Business
Business & Economics
62% Informative
ETH 's price surged 43.75% between May 8 and 10 , from $1,808 to $2,600 .
ETH /BTC ratio has been on a downtrend since 2022 , which shows relative weakness of ETH against Bitcoin .
The rally-consolidate-rally pattern works well for ETH due to the nature of the markets and investor psychology.
While the recent surge was impressive, ETH price is most likely preparing for a correction.
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