Now that the #ETH merge is in the rear-view mirror and price action has had time to adjust, we can dive back into the relevant #ETH / #USD and #ETH / #BTC charts to discuss the general outlook. So far, it seems that our prior assessment of #ETH / #BTC being in a secondary distribution phase is in fact playing out, but only time will tell if the thesis holds up.
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Disclaimer: The information presented within this video is NOT financial advice.