Roman Trading, who predicted the decline in advance, states that the risk is not worth it despite a possible rise. DaanCrypto and some other analysts express that they are not hopeful until the Ethereum (ETH) price regains $2,500. Quinten emphasizes that the cash inflow into altcoins is at a bottom level and therefore altcoins have seriously depreciated.

While predicting the future is not easy, some analysts can make more accurate forecasts periodically. Roman Trading is also one of the names that has drawn attention with accurate predictions recently. However, while expecting the expected decline to continue in the recent rise, he faced a surprise in his plans with the Iran agreement.

We shared Roman Trading's bearish predictions when the BTC price was at $112,000. Later, he expressed a similar expectation again at $108,000, and as BTC approached $98,000, it was seen that his forecasts gained consistency over a few months. However, the agreement with Iran was an unexpected development for him.

The analyst in a sell position had also warned this week about the continued risk of decline. Today, he used the following statements:

The bull run may continue and good profits can be made. However, if I am wrong, be prepared for a drop of more than 75% like we experienced in 2021.

The majority of long-term indicators are giving the same signal. The risk may not be worth the reward.

Recently, he had also stated that the risk would not be worth such a large gain of 20-30%. Of course, there is always a possibility of being wrong.

Other Analysts' Opinions

BTC is currently hovering around $107,000, and its movements are quite stagnant. While the US stock markets are breaking new records, Trump commented, "The pressure on Bitcoin is easing above the $107,328.84 level." Despite all these developments, the weak appearance of BTC is demoralizing investors.

DaanCrypto made the following assessment regarding ETH a few hours ago:

"After experiencing a sharp downward move to trigger all liquidity and stop orders, ETH is again oscillating around the same price range.

Notable levels have been marked on the chart. The vast majority of trading volume occurred around $2,500, which is in the middle range.

If we can break this level, we may try to re-test the $2,700-$2,800 range, which has functioned as resistance for a long time.

Altcoin investors are uncomfortable with the ongoing weakness. Quinten states that the reason for this is that the capital entering altcoins has reached a new bottom level; in other words, altcoins are currently in a very cheap and worthless position.

On the other hand, Washigorira mentioned that the upward momentum could continue with ETH finding support, and if it exceeds $2,500, the bulls will regain strength.


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