Crypto Analysts Remain Bullish on Ethereum Given Its Liquidity
  • 2 years ago
Popular crypto analysts are remaining bullish on Ethereum even though there are concerns surrounding the token’s liquidity. Crypto analysts Kaleo recently said that Ethereum is the king of layer 1 tokens, but it could suck liquidity from the rest of the market, going on a run of its own. The Crypto Dog believes that Ethereum could reach all-time highs by Christmas. Amsterdam-based analyst Michael van de Poppe believes that the best time to buy altcoins is in December. Moreover, analyst Benjamin Cowen is just as bullish, tweeting a rocket ship emoji in reference to Ethereum. Investors will also be intrigued by Justin Bennett’s comment that the Ether-Bitcoin pair is in “full beast mode.” Year-to-date, Ethereum is up almost 500%, gaining around 7 times what Bitcoin has in the same time period. Even so, the token is down almost 10% from its all-time high of nearly $4860. At press time, Ethereum was trending up at just over $4350.
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