‘The Worst Is Still Ahead’ for ETH: Analyst Predicts Another Ethereum Crash
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Ethereum’s native token surged to a six-week peak near $1,950, roughly a 30% gain from about $1,510 recorded weeks earlier. The rally stalled and ETH has retraced to below $1,900, creating short-term downside risk for traders and DeFi positions. Analyst Crypto Rover cautioned that the minor rejection may be the start of further weakness, highlighting market sensitivity despite continued crypto adoption narratives.
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Ethereum’s native token rode the sub-CPI crypto rally like very few did, pumping toward a six-week peak of roughly $1,950. This means that it had recovered nearly 30% in value since its multi-year peak at $1,510 was reached weeks ago.
However, its run was halted at that level, and the asset now stands below $1,900. According to popular analyst Crypto Rover, this minor rejection might be just the beginning.
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Coins
$ 1.87K
-2.60%$ 1.87K
-3.11%Predictions Markets
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