CandleFocus 'ETH is Not Dying' Analyst Benjamin Cowen Shares Hot Take
2024-10-30
Author: Content Editor
The content discusses the growth of Ethereum (ETH) in comparison to Bitcoin (BTC) and addresses concerns about Ethereum's subpar performance. While Ethereum has seen positive growth in the past 24 hours and week, it lags behind Bitcoin's growth. Market analyst Benjamin Cowen believes that Ethereum is not dying, but rather following its typical trend and may potentially bottom out this quarter before charting an uptrend in 2025. Despite its current price action, Ethereum's future updates, including efforts to make nodes more efficient and affordable, have the potential to contribute to its long-term valuation.
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