Market analyst Ali Martinez suggests that Ethereum (ETH) could rally to $10,000, citing its relationship with the S&P 500 and a similar upward trajectory. On-chain data shows that a significant portion of Ethereum holders are currently profitable, indicating support for the asset. However, veteran trader Peter Brandt maintains a bearish outlook, pointing to a bearish flag pattern and potential downward movement to $1,551.
- Content Editor ( thecryptobasic.com )
- 2024-11-05
Expert Says This Could Be Ethereum Last Dip Before Explosion to $10,000, Citing S&P 500 Correlation