Brandt’s bearish ETH call — But community predicts $3K before Merge
Peter Brandt noted that ETH could drop by 29% if the downside of a potential descending triangle chart pattern is completed.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Peter Brandt noted that ETH could drop by 29% if the downside of a potential descending triangle chart pattern is completed.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin Price Today: Negative Funding Rates Signal Growing Bearish Bets as BTC Nears $68K
The latest data presents a mixed picture, however, as Hyperliquid whales have returned to net-long positions despite deteriorating...
Foundation CEO Zach Herbert urges hardware wallet makers to build locally
Local manufacturing of hardware wallets could enhance security by minimizing supply chain vulnerabilities, potentially reshaping i...
Strategy CEO Phong Le calls MSCI exclusion of MSTR immaterial on CNBC
The exclusion highlights potential challenges for digital asset companies in gaining mainstream financial acceptance and index inc...
Bitcoin (BTC) Price Today: $65K Support Under Pressure as Glassnode Maps $60K–$62K Liquidation Cluster
Glassnode’s futures liquidation heat map identifies a concentrated cluster of leveraged long positions between $60,000 and $62,000...
Peter Schiff argues Bitcoin may fall below $16,500 by year-end if $50,000 breaks next
His Nov. 14 call extends earlier $20,000 warnings while Bitcoin and Ethereum traded above the conditions he identified. Read the f...
Arca’s Jeff Dorman Calls Vitalik Buterin’s ETH Store-of-Value Pitch ‘Really Misguided’
Jeff Dorman said on Unchained that Ethereum co-founder Vitalik Buterin‘s case for ETH as a store of value is “really misguided.” D...