Bitcoin The altcoin leader, known for its weak performance against Ethereum (ETH) The danger may still not be over for you. One analyst claimed that Ethereum risks falling another 50% in the fourth quarter if history repeats itself.
Danger Continues in Ethereum!
While popular analyst Benjamin Cowen warned that Ethereum could experience a serious decline in the last three months of the year, he pointed to 2016 for this.
The analyst noted that Ethereum may be repeating a pattern observed in 2016 on the monthly chart, leading to possible declines in the coming months.
However, the analyst stated that the situation will not always be bad in ETH and said that if this trend continues, Ethereum can recover significantly in the first half of 2025.
“The pattern from 2016 is still continuing, with Ethereum going green in September.
If this pattern continues, this would mean the fourth quarter would be red, followed by the first quarter of 2025 in green. “
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/ethereumda-tehlike-gecmedi-analist-buyuk-cokus-uyarisinda-bulundu-yukselis-icin-tarih-verdi/
