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Author Topic: I don't think $1700 will be the bottom for Ethereum this cycle  (Read 383 times)
mich
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April 10, 2025, 05:53:37 AM
 #21

Well still not such a good week for Ethereum. It is now $1620 for each eth token but there is still some recovery in the price point.
Ethereum etf called The Proshares UltraShort Ether ETF is up though more then 247%. I do not think it is the end now for Ethereum like there was some people saying it is.
https://u.today/this-ethereum-etf-is-up-247

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April 10, 2025, 03:35:19 PM
 #22

The Ethereum charts suggest much lower price targets that should hit in the coming days or weeks.

I can agree with you on this for now because this is already manifesting as we can see from the recent market fall and even if it rises, it always still falls below $2,000 and this is very common with the way ethereum has been performing since the beginning of the year, my strong advise is for us not to work strictly on that, because anything can still happen between now and the end of the year, whereby it may break forth over $2,000 and even close to $3,000 or more as the market continue to pumps.

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April 11, 2025, 12:36:35 PM
 #23

The Ethereum charts suggest much lower price targets that should hit in the coming days or weeks. However, I do think buys at the lows could yield 5-10X in 2 to 3 years or less.




Your post aged well.  Good one.  Wink  But as for buying ETH at the lows to get a 5 to 10x, dunno...  Maybe it could happen but as there are now a few better EVM L1's out there like Sonic, soon HyperEVM and maybe Monad could be good too, I don't think investors will be in a hurry to go back to the Ethereum trade.

And there's the L2's that's taking the users away from the L1.  So if I were you guys, why not get into the Hyperliquid eco and goof around HyperEVM.  There's some airdrop implications for doing so.  And it could be a big fat airdrop like last time.

Been going around here yelling Hyperliquid.  If the airdrop is good and the people reading my posts didn't at least make an effort to get it then I'm not really sure what to tell you.

R


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April 11, 2025, 09:14:43 PM
 #24

It seems, halting of tariff war didn't lasted long and the market is down again. ETH no different to that and there isn't anything that makes ETH special anymore.

Back in the day, it got here because it was the ecosystem everyone used, nowadays it is not, it isn't even used that much, so it makes it very hard for crypto people to have a reason to buy ETH, and with prices of everything going down, these two combined makes ethereum not a good thing to purchase at the moment, not a good investment. Obviously we are going to end up with a loss, but we could accumulate more during this period and keep buying, that should be a good thing to handle, wouldn't be a big deal. I hope it can recover soon.

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April 12, 2025, 03:09:16 AM
 #25

It seems, halting of tariff war didn't lasted long and the market is down again. ETH no different to that and there isn't anything that makes ETH special anymore.

Back in the day, it got here because it was the ecosystem everyone used, nowadays it is not, it isn't even used that much, so it makes it very hard for crypto people to have a reason to buy ETH, and with prices of everything going down, these two combined makes ethereum not a good thing to purchase at the moment, not a good investment. Obviously we are going to end up with a loss, but we could accumulate more during this period and keep buying, that should be a good thing to handle, wouldn't be a big deal. I hope it can recover soon.

Halt of tariff is temporary, so investors can see that the sudden recovery is nothing but a dead cat bounce.
Things will only change if trump suddenly lift the tariff, as of now, they're still in negotioation with 50+ countries, when they announced the deals they made, maybe we will see change of trend.

Regarding to ETH, I think the main problem is fragmentation of liquidity, it's scattered across L2s, ETH TVL is actually still pretty big despite got impacted so hard by price decline.
But there are still big chunks of money deployed to various defis. I think on top of liquidity fragmentation, people are also confused as heck about ETH's development direction.

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April 12, 2025, 11:43:08 PM
 #26

The Ethereum charts suggest much lower price targets that should hit in the coming days or weeks.

I can agree with you on this for now because this is already manifesting as we can see from the recent market fall and even if it rises, it always still falls below $2,000 and this is very common with the way ethereum has been performing since the beginning of the year, my strong advise is for us not to work strictly on that, because anything can still happen between now and the end of the year, whereby it may break forth over $2,000 and even close to $3,000 or more as the market continue to pumps.
Although the Bitcoin market has continued to grow, Ethereum has not been able to grow much. During the Bitcoin dumping, Ethereum was seen to be dumped the most. According to the current position of Bitcoin, it is not reasonable for the price of Ethereum to be between $1500 and $1600 because as the second largest coin after Bitcoin and according to its popularity, the price of Ethereum should have been above $5000. However, those who are investing in Ethereum should not be too tense, if the market is good, Ethereum can definitely create a good position.

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April 12, 2025, 11:46:51 PM
 #27

It seems, halting of tariff war didn't lasted long and the market is down again. ETH no different to that and there isn't anything that makes ETH special anymore.

Back in the day, it got here because it was the ecosystem everyone used, nowadays it is not, it isn't even used that much, so it makes it very hard for crypto people to have a reason to buy ETH, and with prices of everything going down, these two combined makes ethereum not a good thing to purchase at the moment, not a good investment. Obviously we are going to end up with a loss, but we could accumulate more during this period and keep buying, that should be a good thing to handle, wouldn't be a big deal. I hope it can recover soon.

A lot of other networks have emerged. But I believe, ETH network is still one of the top networks that project owners are going to. For one, Buterin already established his reputation in this community. I don't think he will just pull an exit stunt in this market. For him, in my opinion, it is more than the wealth that he is getting from it, but he has the passion to explore this digital era to help the community find alternative financial ways.

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April 13, 2025, 01:13:35 PM
 #28



Halt of tariff is temporary, so investors can see that the sudden recovery is nothing but a dead cat bounce.
Things will only change if trump suddenly lift the tariff, as of now, they're still in negotioation with 50+ countries, when they announced the deals they made, maybe we will see change of trend.
No, delaying the tariffs would be seen as a message that the tariff war between the US and those countries is over. If Trump wanted to continue the tariff war, he would not have ordered a last-minute tariff delay and a 90-day extension. Because during that time, the countries will have enough time to negotiate and come up with a common solution.

Regarding to ETH, I think the main problem is fragmentation of liquidity, it's scattered across L2s, ETH TVL is actually still pretty big despite got impacted so hard by price decline.
But there are still big chunks of money deployed to various defis. I think on top of liquidity fragmentation, people are also confused as heck about ETH's development direction.


Whenever a coin doesn't go up, people always come up with a bunch of reasons why it doesn't go up and conclude that it will be dumped more...Like in bear season 2022, when solana price dropped to $8, everyone said it was dead and not worth buying anymore. But then it became the most talked about coin of this cycle as it outperformed all ETH, BNB, ADA, XRP...

For me, I'll keep it simple. Altcoin is a speculative market, and when people believe that ETH will be a safe investment similar to bitcoin but will give better returns. Everyone is buying and holding ETH subjectively. But they forget that the market never pleases the crowd. There is no reason for whales, market makers to pour money and push coins that are held by the majority of retail investors. If you were a whale, would you do the same?

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April 15, 2025, 04:55:45 PM
 #29

The Ethereum charts suggest much lower price targets that should hit in the coming days or weeks. However, I do think buys at the lows could yield 5-10X in 2 to 3 years or less. I detail my thoughts below:

https://www.youtube.com/watch?v=qtrmnfxJURA


Righto, mate. you were spot on. Cheers for that!







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April 21, 2025, 12:56:59 PM
 #30

The Ethereum charts suggest much lower price targets that should hit in the coming days or weeks. However, I do think buys at the lows could yield 5-10X in 2 to 3 years or less. I detail my thoughts below:

https://www.youtube.com/watch?v=qtrmnfxJURA
Can you do a quick summary here? I've been watching 10 minutes of this 30 minute length video now and it's video progressing slow as hell. I am not saying i would do a better job, but probably whole video could be 10 minutes just by removing some pauses and sticking to a script you would read.

I honestly think you would have potential if practicing of making these but there's no way i am watching 20 more minutes of this. No offence.

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April 23, 2025, 03:01:13 PM
 #31

I don't think $1700 will be the bottom for Ethereum this cycle
So how much is your speculation for the price of Ethereum this year, please don't show evidence on YouTube, I don't believe their YouTube content speculation is a lot of lies for followers nothing is interesting, is there speculation that really shows at least it can be trusted.

At least like this: Ethereum (ETH) Price Prediction 2025-2040, Although not 100% accurate, at least it can be used as a reference for speculation in the future.

The point is: my speculation for the price of ETH and I believe at this time the lowest price.

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