Famous analyst: The worst period of the market has passed, and the next few weeks will be a consolidation period.

GateUser-6433627c · 2025-11-07T06:39:29+00:00

Famous encryption analyst @IamCryptoWolf stated that the worst period of the market has passed, and it will enter a consolidation phase in the future, with a possible recovery and rise. Although he previously suggested that Ethereum might dip to 3400 USD, it actually dropped to a minimum of 3057 USD.

GateUser-6433627c

2025-11-07 06:39:29

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On November 7, well-known encryption analyst @IamCryptoWolf posted on the X platform, stating that the worst period of the market has passed. There may be a period of consolidation in the market over the next few weeks, after which the upward momentum will resume. It is worth noting that on November 4, although he posted a reminder that Ethereum was entering its final adjustment phase and might dip to the $3400 range, the actual lowest point for Ethereum ended up at $3057. @IamCryptoWolf published his analytical views on the Tradingview platform in 2014 and has 113,000 followers on the X platform.

ETH3.17%

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