Ethereum's price is facing challenges, having declined by more than 30% from its November peak, placing it in a technical bear market. The overall market sentiment in the crypto industry remains weak, contributing to Ethereum's struggles.
However, one crypto analyst has identified a promising megaphone pattern that may indicate a significant price recovery for Ethereum. This pattern suggests that Ethereum's price could potentially target the $7.7K to $9.9K range, offering hope for investors amid current market challenges.
Источник: coingape.com ↗