ETH currently trading at $2030 which is still 22x ( 2200% ) up from Last Bear market. And went up to 58x from last Bear Market.
As I researched many data on Chart so Last two Bear Market low was 0.5 fib Retracement level. And Almost -80% to -90% down from All time high.
If same work this time than I am expecting #ETH Low will be $600-$700 This is Not financial advice guys. This is My research and analysis.
So Now currently market scenarios:- Now Ethereum more than -60% down from ATH Now ETH need some upward corrections. So One more time ETH may hit $2500-$2700
This time 0.5 Fib Retracement level is $657
So keep watch market and never trade Blindly.
IMO till 2024 ETH in Bear market.
But 2025-2026 will be Very bullish for Ethereum.
Chart Invalidated above Red Line Resistance line.
Thank you.
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