CandleFocus Ethereum Price Prediction: Will ETH Recover After the Bybit Hack?
2025-02-22
Author: Content Editor
Despite the massive hack on Bybit, the platform is taking steps to recover and has received support from Binance founder CZ. Ethereum's price dropped but quickly rebounded, indicating that the market is not panicking and losses may be recovered. The future price trend of Ethereum depends on market sentiment, with a return to $3,000 possible if confidence is maintained. Traders should monitor developments and apply risk management strategies. Overall, there is a consolidation in Ethereum prices around a strong support area, suggesting a potential upward movement.
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