Thursday 9 September 2021

Ethereum Non-Emergency Video

The recent price drop by Ethereum comes on the back of Bitcoin having a fairly swift correction. However, we have seen these types of moves by Ethereum in the past, and they were not indicative of market cycle tops. It seems like Ethereum is more likely just in long-re-accumulation rather than a "dead-cat bounce" like some are calling. In this video we make comparisons between this move and prior moves to try to find insight into the current market conditions. TA Video by Benjamin Cowen.