Ethereum a ‘major disappointment’ – Expert delivers harsh verdict!

“ETH has been a major disappointment, but it has performed well overall for stakers and airdrop farmers.”Undoubtedly, Bitcoin achieved remarkable performance by reaching new record highs in this cycle. However, Ethereum’s position has declined, falling below Solana in terms of product-market fit and retail trader popularity.Well, to answer this,According to the analysis, the Ethereum market has a cluster of liquidation levels between $2640 and $2750, attracting traders due to high liquidity.

This underlines that Ethereum’s price is expected to decline to this liquidity pocket before a potential reversal.Moreover, the ongoing debate surrounding whether ETH is a security has intensified negative investor sentiment toward Ethereum., the chairman of the House Financial Services Committee noted,

“New court filings indicate that @SECGov Chair Gary Gensler knowingly misled Congress when pressed on the classification of #ETH at a @FinancialCmte hearing to conduct oversight of his agency.”This highlights the increasing uncertainty surrounding Ethereum’s regulatory status and its impact on investor sentiment.“Ethereum not being kind on the feelings today.”However, now with the hawkish stance at the Federal Open Market Committee meeting on the 1st of May.

being a major disappointment, the execs are still waiting for the tables to turn. Needless to say, Krüger claims,

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