The floppening? Ethereum price weakens post-Merge, risking 55% drop against Bitcoin


$ 111,410.9
€ 94,839.1
¥ 38,800.0
£ 81,756.8
BTC
2.55 %
$ 2,789.56
€ 2,374.70
¥ 971.18
£ 2,045.71
ETH
7.14 %
$ 326.66
€ 278.12
¥ 113.76
£ 239.87
XMR
3.40 %
$ 91.38
€ 77.79
¥ 31.82
£ 67.09
LTC
4.18 %

A classic bearish reversal pattern suggest pain ahead for the ETH/BTC pair despite Ethereum's milestone Merge event.