A crypto analyst, Ethereum (ETH) $3,072.0 And he said that other subcoins are preparing for a significant performance period. Analyst said that ETH is currently presenting an ideal entrance point for investors.
Secure Entry Point for ETH
Analyst said that the market may be a bottom before Rally, but it would not be a wrong choice to make purchases at the moment. He argued that long-term graphics were positive and if the estimate was correct, the depreciation may be limited to maximum 10-20 %.
“You do not go in a wrong direction by purchasing spot at these levels. If the macro and high-time graphics look absolutely great and correct, the decrease will be limited to 10-20 %, and the upward potential can be between 100-500+ in the coming months. ”
ETH Price Expectation
Analyst estimated that ETH will reach a price level between $ 10,000 and $ 20,000 by the end of the market cycle. He said he was currently traded at $ 3,064 and lost approximately 8 %on a daily basis.
“Eth seems to be back with great power in the coming months and leave behind some of the most powerful supporters ironic. In my opinion, $ 10,000 after Breakout will be a minimum level and $ 20,000 is absolutely not reasonable until the end of the market cycle. ”
Altcoin season expectation
Analyst, Bitcoin 
$99,231.3He said that the largest Altcoin season is coming after reaching the loop summit. He said that a gigantic altcoin season will be experienced because of the naturally ambitious people.
“I certainly do not agree with the idea of ’no sub -season’. Do you know why it will be a big lower season? Because people are greedy… The largest sub -season we have ever seen will come after the Bitcoin summit. ”
These evaluations on Ethereum’s current situation and future potential offer important clues for investors. Expectations for the potential rise of ETH may affect the dynamics of crypto markets.
Considering the fluctuations that may occur in the crypto markets, it is important for investors to be careful and do their own research. Expectations for ETH and Altcoins may vary depending on market conditions.
For investors, it may be useful to consider market trends and analyst forecasts when evaluating ETH’s potential rise. Furthermore, implementing risk management strategies can provide protection against possible fluctuations.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and perform their operations in line with their own research.
