ICYMI: according to Bloomberg analysts, Ethereum is going to reach $1,000 'in the coming days' ETH $ETH
with a certain range in the past and is used for determining the momentum of the market. According to it, Ethereum is going to continue its way down for an undisclosed period of time.
The $1,000 threshold will most likely be reached in the coming days, says the co-founder of Fairlead Strategies. To reach the psychological threshold in the next few days, Ethereum would need to drop another 35% from current values.Luckily, it is not yet clear what can provide such an enormous selling pressure on Ethereum in just a few days, considering the successful testing of the Merge upgrade and the lack of technical issues.
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