Financial markets have their own memory, and cryptocurrencies are no exception. Thus, when an asset shows alarming similarities to a past crash, analysts sound the alarm. Ethereum, the second largest crypto on the market, sees its price plummet, reviving the specter of the March 2020 crash. Trader Ted Pillows claims that the current behavior of the ETH market almost mirrors the capitulation of that dark period, suggesting a scenario where the asset could drop to as low as 1400 dollars.
L’article Ethereum Price Alert: Analyst Predicts ETH Could Revisit $1,400—Echoing 2020 Crash! est apparu en premier sur Cointribune.