Renowned analyst: Whether Ethereum can break through $3,700 will determine if the bull market is over
ChainCatcher News, renowned crypto analyst @IamCryptoWolf posted on X, stating that if the bull market ends, ETH should fail (end its rebound) around the $3,700 range (iHS neckline). However, if the bull market continues, ETH will directly break through $3,700 and then surge all the way up.
@IamCryptoWolf shared his analysis on the Tradingview platform in 2014 and currently has 113,000 followers on X. Earlier in November, the analyst stated, "Ethereum will see another correction in November, and if it falls below $3,100, the bear market will begin."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SUI surpasses $1.75, with a 24-hour increase of 29.2%
A certain whale withdrew 17,779 AAVE from an exchange, having accumulated a total purchase of 310,617 AAVE.
The Bitcoin premium index on a certain exchange has turned positive again, currently at 0.0331%.
