Recently, the market has shown that bitcoin is set for a bull run. Yet, the ethereum chart is showing that,ethereum is feebly struggling to even maintain it's current price. What do you say about this? Why hasn't ethereum followed suit?
Ethereum isn't waiting anything. The whole market is waiting for bitcoin. Because the whole market goes after bitcoin all the time. You must have noticed this for years. Bitcoin is everything in this market.
We can see eth surge up if bitcoin will fly high. We would like to have a change in the market situation but ETH is still depending on Btc market which is affecting the entire crypto market. The process for its recovery will take awhile that is why we should wait for few months on it.
As we can see in the market today, prices are slightly growing up, hopefully this could be the start of.