🔹 $ETH May Fall to $1,000 🤑
A Bloomberg analyst believes that ETH is highly correlated with other assets. Therefore, it may correct to $1,000 due to market volatility.
Coindesk noted that the ETH/BTC pair has reached a 5-year low (since May 2020). Since the beginning of the year, ETH has fallen by 39% against BTC, and from the peak of 2024, ETH has lost 55%
Fun fact: If you had invested $1,000 in ETH exactly three years ago, you would have $537 today.