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📍 A quick look at #Ethereum versus the Russell 2000 As you can see, these two assets have been highly correlated (the Russell 2000, $IWM, clearly reflects periods when investors are in "risk-on" mode). However, since September 2025, we’ve observed a decoupling (yes, we didn’t get the bull run we were “supposed” to have ^^). From that point onward, the Russell broke past its all-time highs, while Ethereum remained trapped in its range—now spanning five years. Currently, a clear inverse correlation is evident: when the Russell rises, ETH falls, and vice versa. Will ETH eventually catch up? Certainly, a rebalancing is likely. I also wonder: why this divergence? Could it be linked to market manipulation in crypto following the U.S. elections?

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