Andrew Kang: The upward potential for ETH is expected to be limited to $3600

2024-07-08 20:59:15

Collection

ChainCatcher message, Mechanism Capital co-founder Andrew Kang posted on X: "ETH is slightly below the lower bound of my estimated range in dollars. This may be due to the impact of the Germany + Mt Gox sell-off/worries + ETF launch delays. Given that we have sold so much, ETH could potentially see a relief rally after the ETF approval, but the upside is expected to be capped at $3600."

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.