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"Ethereum unlikely to reach record highs next year… 'Bull trap' warning even if it rebounds"

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Photo=Shutterstock
Photo=Shutterstock

A pessimistic outlook has been raised that Ethereum (ETH) will find it difficult to surpass its previous high and reach a new peak next year. The analysis is that, in a situation where Bitcoin appears to have entered a bear market, it will be hard to expect an independent rise for Ethereum alone.

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