The price of Etherrium has reached a new high of $ 4,900, but has quickly returned to the results of many sales. This turned the emotions around the cryptocurrency to the negative side. However, not everyone is in the evil bogie because it believes that digital assets are still optimistic. In fact, the analyst said that one of the main bull market indicators is over, but Etherrium prices are optimistic for the next few years.
End of the times: Forget the 4 years of encryption
The four -year encryption cycle remains the most prominent of all cycles that served as a pointer to each bull market. The migration cycle coincides with half of Bitcoin, which occurs every four years, and has been one year than each bull market. This means that half of each bitcoin often means a year after the start of bulls in the entire market.
But this time, the market seems to be dealing with digital assets, such as Ether Leeum, because they did not follow Bitcoin at the highest record. This is what crypto analyst Jackis suggests his position and tells investors to forget the four -year period.
According to the analyst, Ether Leeum, especially the four -year cycle, ended again in December 2024. This is consistent with that year Spot Bitcoin and Ether Leeum ETF Ether Lee did not enjoy the same destiny, but many people were approved to believe Bitcoin to be early.
Given this, I think the analysts should develop into the fact that investors no longer have four years in Ether Lee. But this does not mean that Ether Lee is no longer optimistic. The analyst is the opposite, as Ether Lee is optimistic for the next few years.
Ether Lee's price for new highs
Due to the current state of the market, analysts pointed out that the sixth touch of the trend line, which was recently described in high school, has been continued. But historically, this is not the cause of the alarm because there was a MTF shake out before the expansion of HTF.
In this case, more sales can take the price of Etherrium to less than $ 4,000. This will be a pre -bar market shaket out, and the bear has led to a trap that is possible with the belief that there is a cycle top. But as the analyst explains, ETH prices can rise to more than $ 7,000 here. Jackis said, “If you want the price to continue immediately, you need to accept the 21st or more players here.
DALL.E's main image, TradingView.com chart
Editorial process focuses on providing thorough research, accurate and prejudice content. We support the strict sourcing standard and each page is diligent in the top technology experts and the seasoned editor's team. This process ensures the integrity, relevance and value of the reader's content.
