Ether Drops 30%: Will It Hit $1,000 Bottom?
Ether Drops 30%: Will It Hit $1,000 Bottom? Quick read below — save or share if useful. Ether Leads Crypto Losses with 30% Crash: Where is the Bottom? Ether, the second-largest cryptocurrency by market capitalization, has been on a rollercoaster ride recently, experiencing a significant 30% crash in its price. Many investors and traders are now wondering where the bottom is for Ether and whether it will continue to decline or start to rebound. The current bearish trend in the crypto market has raised concerns among investors, with many fearing further losses. The price of Ether has been on a downward trajectory, mirroring the overall market sentiment. However, several indicators suggest that the price of Ether could continue to decline in the coming days. Technical and Onchain Indicators Point to Further Declines According to analysts, Ether price still risks declining toward the $1,000-$1,400 range, based on a confluence of bearish technical and onchain indicators. ...
