Coin Bureau: ETH will fall to $2,500

The window it was checked over

ETH closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

What was said around it

eth to exchanges and like coinbase you see when large amounts of eth are sent to exchanges it typically signals an intention to sell and well I mean there have been a lot of exchange transfers over the past few weeks additional evidence for retail apathy can be seen on chain with the number of daily transactions practically chopping sideways over the past year and this can partially be explained by the uptech inactivity on layer 2os but but even these have been experienced in stagnant transaction volumes taken together these indicators suggest that another leg lower could be on the cards for eth in the short term It's weekly chart suggests it could fall as low as 2.5k in the coming weeks this is actually consistent with a prediction made by crypto VC firm mechanism Capital which basically said that the ETF flows will disappoint and eth will fall but this assumes that there won't be another short squeeze induced upside surprise after to the etf's list in this scenario eth could easily Jump by double digits to its most recent local high of around 4.1k after that though eth could experience a sharp pullback and continue consolidating until more marginal buyers enter the market and these marginal

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