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Title: Ethereum (ETH) Might Repeat History With Massive Bullish Surge in Q1
As the crypto market has experienced a significant downturn in recent months, many investors have been left wondering whether they should be optimistic about the short-term prospects of their favorite assets. The truth is that predicting the future direction of any cryptocurrency, including Ethereum, is notoriously difficult. However, based on historical data and trends, it appears unlikely that Ethereum (ETH) will follow a similar path to its 2017 bull run.
In early 2017, the altcoin started surging higher due to the initial coin offering (ICO) frenzy. However, there is no obvious bullish catalyst that could push the Ethereum (ETH) price significantly higher this time around. As a result, it is not clear whether the altcoin will be able to follow the same pattern.
This year has been extremely underwhelming for Ethereum (ETH) bulls, with the ETH/BTC pair losing as much as 35%.
Source: u.today
