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Ethereum Experiences Significant Correction and Rebounds | Flash News Detail | Blockchain.News

Ethereum Experiences Significant Correction and Rebounds

8/6/2024 2:00:02 PM

Ethereum Experiences Significant Correction and Rebounds

According to CryptoMichNL, the cryptocurrency market experienced a significant correction, with Ethereum (ETH) hitting a new cycle low at 0.04 BTC. ETH then rebounded to 0.045 BTC and is currently consolidating around this level. The analyst prefers to see ETH close above 0.045 BTC this week and continue its upward trend in the coming weeks. (Source)

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More from Michaël van de Poppe (@CryptoMichNL): Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast