In its latest market analysis, 10x Research said that the ETH/BTC exchange rate has declined by 37% since the Ethereum merger on September 15, 2022. The exchange rate has repeatedly encountered resistance at the upper boundary of the descending channel and found support near its lower edge. In anticipation of the release of US CPI data this week, we observed a rebound in the exchange rate, possibly driven by short covering. Ethereum developers continue to advance scaling solutions, primarily...