Analyst Explains Key Reasons Why Ethereum Could Revisit $1,000 This Cycle

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ZyCrypto 2 weeks ago 182

Ethereum Faces Critical Test At $1,960 As Massive 33 Million ETH Resistance Emerges

Despite Ethereum (ETH) already suffering from bearish pressure and losing approximately 56% from its December 2024 high, Andrew Kang, partner at Mechanism Capital and former CFO at MicroStrategy, believes the decline may not be over.

He predicts ETH could experience further significant losses and potentially revisit the $1,000-$1,500 range within the year.

Revealing his sentiment on Sunday, Kang tweeted, “I haven’t paid close attention to crypto last few months...



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