I saw a blogger predicting $ETH
Personally, I think there is some truth to it; the destruction mechanism indeed can bring significant scarcity to Ethereum. Currently, due to the gas mechanism, the coin price is definitely going to drop for a while in the medium term, but after the upgrade, the user base will gradually increase, and the community and ecosystem will become more active. Therefore, in the long term, I am bullish. (Image 1 is the monthly chart drawn by this blogger, Image 2 is the content I saw)
Recent trends
Around November 19-21 is the recent low point; Yang Ge @沉默阿阳 mentioned in the live stream that there would be a phase bottom near 2800. Although the price is not that precise, this trend is indeed on point.
As an experienced investor, I would like to share my views. Around the 22nd, I chatted with a friend about this market. I said I was bullish in the short term and expected it to rebound to 3300-3500. As of now, we are still a bit off.
I want to ask everyone, is it that my prediction is wrong? Will it go up more in the short term?
