CoinWorld News, Markus Thielen said that Ethereum is still overvalued, and at the current price, there is a lack of actual activity to drive a bullish trend.

ETH4.41%
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LiquidityLullaby
· 4h ago
Technical narrative fatigue, the price naturally can't hold.
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AirdropOrganizer
· 9h ago
Institutions are pulling out, retail investors are hanging in there, it's really awkward.
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GateUser-dcb4d0d5
· 9h ago
Thielen's viewpoint is quite sharp.
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TidalShellReflection
· 9h ago
Haha, the bears have found ammunition again.
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MoonlightDisconnectSwitch
· 9h ago
Wait for ETF funds to return before deciding.
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GateUser-c44b371b
· 9h ago
The question is what is reasonable valuation, and who has the final say.
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GateUser-26f91b48
· 9h ago
Is ETH Overvalued? On-chain data does look a bit quiet.
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