Ethereum Is “Coiling” for a Breakout as ETH 2.0 Nears: Here’s What Analysts Are Saying

Ethereum Is “Coiling” for a Breakout as ETH 2.0 Nears: Here’s What Analysts Are Saying

Ethereum rallied so far and fast in 2017 that there was a point at which analysts were expecting the market capitalization of ETH to flip that of Bitcoin. Fittingly, this event was dubbed the “flippening.”
But since the 2018 all-time high, the cryptocurrency has deflated massively. One Ethereum used to buy close around 0.15 BTC, but now it can buy only around 0.025 BTC — a more than 80% drop from…

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