Simon Dedic, founder of blockchain consulting firm Moonrock Capital, offered his perspective on Ethereum’s recent market fluctuations. According to PANews, he believes the 10% decline following the peak is a healthy adjustment in line with normal price corrections. Dedic points out that Ethereum has seen a three-fold increase in value over the past three months. He anticipates a retest of the $4000-$4100 range followed by a substantial rebound, signaling a bullish trend. Dedic also emphasized the importance of frequent trading activity during an uptrend for building a more sustainable rally. He encourages investors to stay confident despite short-term fluctuations and maintains that the market remains in a positive phase.