Ethereum flashes buy signs amid whispers of ‘massive bear trap’: Analysts
Ether’s price fell a “little deeper” than one analyst expected, but said it is still a “great area” to be accumulating the asset.
Ether may have entered a prime accumulation zone, with analysts suggesting the recent pullback could soon reverse.
MN Trading Capital founder Michaël van de Poppe said in an X post on Thursday that the recent price decline in Ether (ETH) was a “little deeper than expected.”
“Still a great area to accumulate positions on ETH,” he added.