Time to Buy Ethereum as ETH Heads for Another Double-Digit Quarterly Loss?
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Ethereum has shown controversial micro- and macro-level volatility, briefly setting a muted ATH last year before a sharp downturn that cut its market share versus Bitcoin and sent ETH to a 14-month low of $1,500. The dramatic price action raises concerns about token performance and adoption across crypto and DeFi markets and has traders like Daan Crypto Trades debating whether last week’s collapse is a buying opportunity.
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The world’s second-largest cryptocurrency by market cap has displayed controversial price moves on micro- and macro-timeframes, as even when it managed to set a new ATH last year, it was barely above the previous one. However, the subsequent crash has driven it south hard, and its market share against BTC has dwindled.
Daan Crypto Trades published an X post today, trying to determine whether it’s finally time to accumulate ETH after the asset’s collapse from last week that pushed it to a 14-month low of $1,500.
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Coins
$ 63.80K
-0.37%
$ 1.79K
-0.27%
$ 0.00437
-0.95%
Predictions Markets
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In This News
Coins
$ 63.80K
-0.37%$ 1.79K
-0.27%$ 0.00437
-0.95%Predictions Markets
See what traders are focused on
Share:
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