Market Volatility Seen as Peak of Bearish Pressure, Analyst Says

Yi Lihua suggests that the current market volatility signifies the peak of bearish sell-off pressure but does not pose a threat to the overall bullish market trend. According to NS3.AI, despite recent fluctuations in the price of ETH between $2,100 and $2,800, these variations are considered normal given the broader market conditions and historical price behavior. The analyst recommends maintaining accumulation strategies and emphasizes that downturns in the crypto industry are temporary and will eventually subside.