Ethereum Market Stalls: Analyst Predicts Price Plateau

Cryptocurrency analyst @IamCryptoWolf offers his perspective on Ethereum’s current market performance, predicting a period of stagnation. He asserts that Ethereum (ETH) has failed to experience substantial price increases or declines outside of typical market volatility, suggesting a continued lack of significant movement. According to the analyst, this lull in price action is expected to continue for several weeks, potentially reaching a peak before the Federal Open Market Committee (FOMC) meeting in two weeks. Following this anticipated surge, there might be a ‘sell the news’ event, ultimately leading to a price dip and a low point.