Ethereum Trading 35% Below Cycle High Presents Opportunity Amid Bearish Sentiment, Analyst Says

TLDR: Ethereum currently trades approximately 35% below its 2021 cycle high while Bitcoin has surpassed prior peaks.  The ETHBTC ratio indicates potential capital rotation from Bitcoin into Ethereum during BTC consolidation phase.  Analyst identifies $4,850 as critical resistance level ETH must breach before broader altcoin rallies begin.  Widespread bearish sentiment coinciding with technical support tests [...]

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