The Ethereum price is continuing its downward trend, aligning with the broader negative market sentiment. As Bitcoin hovers around the $95k level, Ethereum (ETH) is struggling to regain momentum. However, market experts remain optimistic about the Ethereum price’s potential bullish rally, destined to reach new all-time highs.
Notably, the crypto market is once again on a bearish track, with the total market cap sliding to $3.13 trillion, down by 2.26%. Top 15 cryptocurrencies, including Ethereum, XRP, Solana, and BNB have experienced massive declines over the last seven days.
Ethereum Price Continues to Fall: What’s Next?
According to an X post shared by crypto enthusiast Crypto Fella, Ethereum is “heavily undervalued.” Despite the Ethereum price’s continuous descending journey, Crypto Fella remains confident about the token’s hike. The analyst stated, “Patience will be rewarded.” The daily chart presented by Crypto Fella indicated that Ethereum’s surge past $3,500 i
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