Ethereum price data highlights $1,000 as the final bottom for ETH

Ether (ETH), the native token of Ethereum, is showing signs of bullish exhaustion after a steep 65% decline over the past three months. The pace of the downtrend and the oversold conditions shown by various ETH price metrics have investors wondering if a market bottom is approaching. ETH fractals point to a drop to $1,000Ether’s current price action mirrors a familiar fractal pattern seen in 2018 and 2022. In both instances, ETH price saw euphoric rallies that ended with sharp breakdowns and prolonged bear markets source: https://cointelegraph.com/news/ethereum-price-data-highlights-1-000-as-the-final-bottom-for-eth?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound