Frank Cappelleri is seeing an 'inverse head-and-shoulders pattern forming in ether.
Ethereum noticeably has underperformed bitcoin in 2024. This is widely known. Specifically, at the time of this writing, ETH is up 18% for the year and BTC is up 70%. With bitcoin approaching a major breakout attempt and new all-time highs, it continues to attract all of the attention and rightly so. While it may seem like ether has been out of favor for a considerable length of time, it's not anything different than we've seen before over the years.
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