Crypto Analyst Warns of Potential Pullback for ETH, Despite Market Gains

Crypto analyst Crypto Capo has sounded the alarm on a potential market downturn in cryptocurrencies, particularly for Ethereum and its altcoin counterparts. He observed that recent price surges have left much of the market overheated, citing instances where Ethereum, along with mid-cap altcoins, saw gains of 30% to 100% within days. Bitcoin briefly surpassed $98,000, while Ethereum hit resistance near its $2,300 level.