Looking at history, ETH corrections of 65–75% have often been followed by sharp rallies. I believe we’re in a similar situation right now. With the upcoming Pectra upgrade on the horizon, there’s a strong chance we could see this pattern repeat.
At the same time, ETH is currently undervalued — not just against BTC, but also compared to many altcoins.
In my opinion, ETH is the most undervalued asset in the market right now.
At the same time, ETH is currently undervalued — not just against BTC, but also compared to many altcoins.
In my opinion, ETH is the most undervalued asset in the market right now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.