Based on previous cycles and more importantly the broader economic markets, ETH has the potential to reach 350 in October before stabilizing and then ranging through first quarter of 2023.
Q2 GDP will officially declare the recession that the US is obviously in. Bad earnings will drive all markets down, Oil/Natgas will still lead the way as long as there is an ongoing energy war.
Good opportunities to cost average down in ETH, or start to look at better alternatives like SOL and AVAX as good long term positions.
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