Ethereum is currently trading at $2,476 following an impressive 9.31% bounce from its weekend lows of $2,265.
The world’s second largest cryptocurrency has mimicked the somewhat bullish path of Bitcoin, which is now taking on the psychological level of resistance at $40,000.
However, in contrast to Bitcoin, Ethereum remains in a series of lower highs, signalling that the altcoin market is showing signs of weakness against its respective BTC trading pairs.
In order for Ethereum to re-establish…
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