The cryptocurrency market is currently divided over the future trajectory of Ether (ETH) following a period of intense price volatility. Some market analysts suggest that the recent sharp decline represents a ‘capitulation’ phase, where the final wave of panicked sellers has exited the market, potentially setting the stage for a recovery. Proponents of this view point to record-high liquidation volumes and historical support levels that have held firm during the recent dip. Conversely, a more cautious group of analysts warns that the bottom may not be in yet. They argue that persistent macroeconomic pressures, combined with lackluster initial inflows into spot Ethereum ETFs compared to their Bitcoin counterparts, could drive prices further down. Technical indicators, such as the breach of key moving averages, lead some to believe that Ether could test lower support zones before finding a sustainable floor. As the debate continues, the market remains highly sensitive to upcoming economic data and updates regarding regulatory developments in the digital asset space.
Source: Analysts debate whether Ether has capitulated or has further to fall
コメント