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Traders predict ,800 Ethereum, but multiple data points suggest otherwise

Traders predict $3,800 Ethereum, but multiple data points suggest otherwise

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Source: Coin Telegraph

Is it time for a correction after ETH rallied 34% in two weeks? On-chain metrics and derivatives data say yes.

Investors tend to not complain about a price rally, except when the chart presents steep downside risks. For example, analyzing Ether’s ( and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

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Author: Marcel Pechman