Ethereum at $4,000? Why Traders Should Wait So Long!

Ethereum at $4,000? Why Traders Should Wait So Long!

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Contributor

Posted:

  • Experts predict ETH may decline to approximately $2,200, the bottom of its current wedge formation.
  • Buying pressure is notable in this region as well.}

Despite positive news like the launch of an Ethereum spot ETF in the U.S., ETH has not reached new peaks.?>

This week, ETH is down by about 6.62%. One crypto expert suggests this downward trend might persist as ETH seeks stability before any upturn. ?>

The Falling Wedge – Temporary Drop with Upside Potential

Carl Runefelt’s latest chart analysis indicates that יחת
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