ETHUSD Perpetual Contract

ETHEREUM - Approaching final stage

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How far will the price drop? We are slowly reaching the bottom-finding phase, and this one is very close. I'm not saying that a turnaround is around the corner, but historically speaking, there's not much left to the bottom, percentage-wise it doesn't even matter if it's the biggest so far. Spike can be deep, but very quickly...when it happens. The consultation phase will follow. I think it will take 3-4 months before the price comes back to the green branch and gets an upward momentum.

The story "When there's blood on the street, it's time to buy" has confirmed its reputation countless times. I believe that time is coming.

This is my personal lay opinion and is not financial advice.

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