$ETH

I wanted to share some thoughts on ethereum‘s recent performance. We have seen a consistent downward trend with notable volatility.

December dropped from 4190 to 3100

January High of 3744 , law of 2902

February High of 3330, law of 2070

March peak at 2550 , law of 1750

April high of 1957 , law of 1384

The amplitude variation arranging from 27% to 38% shows high volatility, based on past support levels. There is a possibility of further dips potentially down to 900, before a rebound. It is crucial to be cautious and only invest what you can afford to lose.

Given the pattern, I have outlined if ethereum continues its downward projectory at a similar rate. We could expect further declines. However, predicting exact price is tricky due to market complexity. If the beer strand persists, it is possible ethereum could approach lover support levels, potentially even near to the 900 mark. It is crucial to stay cautious and watch for any shifts in the market momentum.

This is $ethbtc chart to help you better understand what i am saying

So the conclusion is the bitcoin is the only crypto that sky rocketed but other crypto currencies like ethereum, haven’t been able to shoot up Sooo. If you want to buy ethereum in longer terms, you can hold it. It will definitely give you profits, but looking at the current scenario, Crypto is in downward momentum except $BTC