TL;
- ethereum's price fights under $ 2,800, and some analysts warn about a possible drop at $ 1,200 if the key support fails.
- Others, including Michael Van de Poppe, remain optimistic, citing investments linked to Trump as an upward indicator.
eth bulls to suffer more pain?
ethereum (eth) -The second largest cryptocurrency in Terms of Market capitalization: it is between very Few leader digital assets that have not drawn impressive profits during the bull cycle in recent months. He at the moment It officiates less than $ 2,800, representing a 24% decrease in a 30 -day scale.
And although many industry participants believe that the asset has not yet updated with bitcoin (btc) and the rest of the market, some are quite pessimistic. The popular x Nebrampaone user recently said that the “potential cup and handling pattern” witnessed in the eth price table is no longer valid.
The analyst <a target="_blank" class="editor-rtfLink" href="https://x.com/Nebraskangooner/status/1886895674404343977″ target=”_blank” rel=”noopener” data-wpel-link=”external”>Suggested That the valuation formed a double top in the last year, imagining a collapse as low as $ 1,200 if it loses the support of $ 2,400.
“However, there is no breakdown today, and it is on the side of great consolidation,” they added.
The upward stage
As mentioned above, most of x analysts remain optimistic that eth will reach a new historical maximum in the following months. The one who uses the nick x Command CT <a target="_blank" class="editor-rtfLink" href="https://x.com/XMaximist/status/1886730930183635030″ target=”_blank” rel=”noopener” data-wpel-link=”external”>thought The long -awaited hope of the asset “is about to happen”, which establishes a target of $ 10,000 per currency.
Michael Van de Poppe also intervened, saying that if Donald Trump “massively bets eth, it is almost nonsense not to follow that route in these valuations.”
For the uninitiated, World Liberty Financial (WLF), a Defi project linked to Donald Trump and his family, has recently made significant investments in ethereum and other cryptocurrencies. In addition, Eric Trump, son of the US president, reclaimed That is now “a good time to add eth.”
Some key metrics in the chain also point out that the active price It could be on the edge of a rally. <a target="_blank" class="editor-rtfLink" href="https://cryptoquant.com/asset/eth/chart/exchange-flows/exchange-netflow-total?exchange=all_exchange&window=DAY&sma=0&ema=0&priceScale=log&metricScale=linear&chartStyle=column” target=”_blank” rel=”noopener” data-wpel-link=”external”>According To Criptoquant, eth's Exchange Network flow It has been negative in the last three days. This It suggests a potential change from centralized platforms to self -ocustody methods, which in turn reduces The immediate sales pressure.
Free Binance $ 600 (Cryptopotato Exclusive): Use this link to record a new account and receive an exclusive welcome offer of $ 600 in Binance (Complete details).
Limited offer for Cryptopotate readers at Bybit: Use this link to register and open a free $ 500 position in any currency!
<!– ai CONTENT END 1 –>