$ETH Ethereum will definitely return to new highs in the second half of the year.
Let's not talk about technicals or news, let's just talk about ETH.
In just six months, the price plummeted from 4100 to 1400. If you were a market maker with a lot of stocks, what would you do?
With such a severe drop, most of the chips have already been wiped out. Those who remain are either holding on or selling at a loss. With so much stock, how can you make money if you don't pull it back?
What with the Federal Reserve, interest rate cuts, and all that confusing news? Looking at the long term, it's just capital being deployed.
The new highs must return. Otherwise, what are the market makers trying to achieve by plummeting the price? They're simply using various news reports as a cover to drive the price up so they can sell.
A return to new highs for Ethereum is probably only in the second half of the year.
There's still room on the team, and we won't let our fans go! Get on board now!
Keep an eye on: BCH, MYX, ILV, BNB, ETH, ENA