Analysis: The hype around Ethereum ETF has been digested, investors may quickly realize profits
BlockBeats reports that on July 23, Valentin Fournier, an analyst at digital asset research company BRN, stated, "We suggest maintaining exposure to the positive momentum of the cryptocurrency market, but we prefer Bitcoin over Ethereum because we believe that the hype and ETF inflows for Ethereum have already been absorbed by the market.
We predict that Ethereum will fall to a level between $2800 and $3100 before rebounding to $4000 in September."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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