Altcoins News
By Steven Anderson
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Ethereum Faces Bearish Wave C Formation. Crypto analyst Crypto Wave issued a warning that Ethereum might still be forming a classic ABC…
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Current Sentiment Doesn’t Invalidate the Bearish Setup. Ethereum has recovered modestly from last week’s lows of $2,100 and is currently trading at around…
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What Would Invalidate the Bearish Ethereum Prediction?. According to Crypto Wave, the bearish thesis would be invalidated if Ethereum breaks above $2,880…
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Another Analyst Predicts ETH Could Soar to $11,000. While Crypto Wave sees a potential crash ahead, not all analysts are pessimistic.
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Technical Outlook: Key Levels to Watch. Currently, Ethereum’s short-term outlook remains mixed.
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Final Thoughts: Is Ethereum Heading for a Crash or a Rally?. Ethereum’s price is at a critical point. On one side, technical patterns and wave theory suggest a…
7 / 15
Ethereum (ETH) may be poised for another sharp decline despite recent gains, according to well-known crypto analysts.
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The analyst pointed out that Ethereum had already reached the 0.5 Fibonacci retracement level at $2,100, typically the minimum correction point.
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Ethereum has recovered modestly from last week’s lows of $2,100 and is currently trading at around $2,480, up 2% over the past 24 hours, based on CoinMarketCap data.
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However, Crypto Wave warned that macro sentiment alone may not stop technical corrections. He referenced the end of 2024, when Ethereum struggled while other altcoins surged.
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Such a move would need to be supported by strong volume and market conviction, marking a clear shift in momentum.
12 / 15
While Crypto Wave sees a potential crash ahead, not all analysts are pessimistic. Another well-followed crypto expert, Merlijn, offered a more bullish outlook.
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He stated that ETH is experiencing a “dead cat bounce”, followed by a possible retest of support around $2,000.
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Merlijn predicts that Ethereum could climb to $11,000 before the end of 2025, citing increased market maturity and adoption compared to 2021.
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Currently, Ethereum’s short-term outlook remains mixed. Traders are closely watching the following levels:
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