ZyCrypto 2025-04-02 16:36:23

Current Ether Cycle Mimics Previous BTC Cycle, Analyst Says “Real Run” Could Be Underway‬

The ongoing Ethereum cycle follows the trend pattern observed in previous Bitcoin cycles, prompting a bold prediction from market analysts. During the 2017 to 2021 bull run, the market witnessed Bitcoin make four notable moves, including a sharp 85% drop from its price peak. The asset notably rebounded after a confirmed bottom, increasing its price value by 350%, before recording another 72% dump after hitting a local top. The big bull conclusively kicked off a rally to the final cycle top, resulting in a 17x price run. As one market analyst observed , Ethereum (ETH) is experiencing a similar trend in this cycle. The second most valued cryptocurrency by market cap witnessed an 85% drop from the previous ATH and rallied 350% from earlier lows. At this time, Ether is around 56% down from its local top and has continued to trade sideways. After completing the first two legs, the asset is expected to round up the last two moves and hit lower price levels as it did in 2018. “If ETH follows BTC’s path, that final flush could take us down to $1.3K–$1.4K. Which ironically, is the same level ETH hit in Jan 2018. That would be the maximum pain scenario… a full 7-year round trip.” The analyst noted. However, like Bitcoin’s run in 2020, when it flipped and made a 17x upward price correction, Ether might be primed for a massive bull rally upon completing the movement pattern. “So if ETH’s about to finish its flush… it might just be getting ready for the real run.” He added. At report time, Ether is trading at $1,907. A seven-day loss estimated at 10% at press time has yet to be cleared, making Ether the highest loser in the top three categories from the previous week.

La maggior parte ha letto le notizie

Donald Trump Didn't Miss the Big Rise: He Sta...
2025-04-29
Celsius Founder Faces 20 Years in Prison; Tok...
2025-04-29
Top 10 Altcoins to Look Up in May- BONK, XMR,...
2025-04-29
Exciting Future: Tether Co-Founder Predicts R...
2025-04-29
Bitcoin’s Battle to Confirm Key Support Level...
2025-04-29
Bitcoin in 'critical zone' as triple breakout...
2025-04-29
VIRTUAL price wakes up as post-breakout momen...
2025-04-29
TRUMP Token Starts to Crack, Bitcoin Consolid...
2025-04-29

https://www.digistore24.com/redir/325658/ceobig/

Notizie correlate

Samourai Wallet Case Could Be Latest to Collapse a...
29 Apr 2025
Terraform Labs Launches Crypto Loss Claims Portal:...
29 Apr 2025
US DOJ requests 20-year sentence for Celsius found...
29 Apr 2025
Binance Futures Updates SIGNUSDT U Contract Fundin...
29 Apr 2025
Ray Dalio Cautions on Potential Collapse of Global...
29 Apr 2025
Bankera founders tied to ICO fund misuse, luxury p...
29 Apr 2025

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta