ETH Short-term bear target

2022년 9월 24일

The market does not look good SP500 is marking new swing lows, inflation going up. Furthermore The Merge didnt make ETH deflationary as it was published before The Merge. Miners are now without any profitable coin to mine. There´s nothing bulish about the market. Furthermore the bottom of the Bear Market as not been saw yet and most previsions are pointing to ocotober and november for the cycle ATL. Therefore IMO we will continue to dump at least to 1000 level for now, in the near future we could see ETH under 700. Trade safely.