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Strengthening Ether-Nasdaq Correlation Muddles Post-Merge Bullish Plays: Cumberland

The Merge has skewed demand-supply dynamics in favor of the bulls. But, the strengthening correlation with Nasdaq means big gains may remain elusive in case of broad based risk aversion.

Ether is again moving in lockstep with technology stocks. (Pixabay)
Ether is again moving in lockstep with technology stocks. (Pixabay)