📊 ETH Price Prediction: Bottom and Top 🚀
Here's a potential scenario for ETH:
- Bottom: Around $800 📉
-Top: Around $5,400 🚀
Why This Might Happen:
- Historical Pattern: ETH tends to visit the lower log regression band before making new highs 📊
- Global Money Supply: A key indicator when used in conjunction with the log regression band 🌐
- FED's QT: Historically, the FED has ended Quantitative Tightening (QT) during these periods, potentially impacting ETH's price 💸
This Cycle Might Be Similar:
- Pattern Repeat: If historical patterns hold, ETH could follow a similar trajectory 🔁
- Watch and See: Keep an eye on ETH's price action and the FED's monetary policy decisions
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