Ethereum's Market Outlook Remains Stagnant, Analyst Predicts

According to BlockBeats, cryptocurrency analyst @IamCryptoWolf has shared insights on Ethereum's current market status. The analyst noted that, as previously anticipated, Ethereum (ETH) lacks significant movement on the charts aside from the usual fear, uncertainty, and doubt (FUD). "ETH remains in a dull phase, and this is expected to continue for several weeks," the analyst stated. The basic scenario suggests that Ethereum might reach a peak before the Federal Open Market Committee (FOMC) meeting in two weeks, followed by a 'sell the news' event, eventually hitting a low point. @IamCryptoWolf has been sharing analysis on the Tradingview platform since 2014 and currently has 111,000 followers on the X platform.