Will Ethereum finally set its sights on flipping Bitcoin? Or will it fall into a brutal bear market?📉 Let's find out! 👇 CMCAlexandria Author: TheCoinPope1 Editor: YousraAASheikh
Ethereum has one major bullish indicator that could even benefit from a delay as the market gets hyped up by the impending switch to proof-of-stake. On the other hand, the market won’t wait too long after recent comments that Ethereum is in its closing stages of proof-of-work. Besides all of that, the macroeconomic sword of Damocles is still threatening to choke off a bull rally.
ETH looks in a good place for the medium term, but summer 2022 may just be a bit too early for fireworks. We probably won’t hit new all-time highs just yet, but much of the downside looks already priced in. This article contains links to third-party websites or other content for information purposes only . The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site.