Ether market:


Outlook and analysisNear term uncertainty:
Technical indicators currently suggest an oversold but volatile market with bearish momentum. Some analysts forecast a potential further drop, with one suggesting a possible slide to the $2,700–$2,800 range.
Long-term potential: Despite the short-term pain, some analyses still see a potential for recovery. Analysts note whale accumulation signals occurred days ago, and some see the correction as a potential opportunity for a reset. Upcoming network upgrades like the Fusaka hard fork, scheduled for December, are aimed at improving scalability and security.
#Etherfi$50MBuybackProposal
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