Crypto analyst Benjamin Cowen believes that Ethereum (ETH) may reach a price bottom in December, based on historical data of the US unemployment rate and previous trends in the crypto market. Cowen notes that unemployment typically peaks in December and suggests that Ethereum could follow suit. He also mentions that Ethereum has previously touched its logarithmic trend line in December of 2016 and 2019. Cowen's bottom price target for Ethereum is $1,200, which would indicate a nearly 50% decline from the current price of $2,306.



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