1. ETH is poised for a downward trend in the coming weeks due to waning investor confidence.
2. Ethereum’s high transaction fees could lead to increased selling pressure.
3. The recent rise in DeFi and decentralized finance have been causing stress on the Ethereum blockchain, leading to an impending price crash.
4. Ethereum’s scalability issues could make it difficult to support large-scale projects requiring high throughput capabilities, adding selling pressure on its price.
5. Growing competition from other platform coins like EOS, Tron and Cardano may dent investor demand for ETH, forcing prices lower.
6. Increasing uncertainty regarding regulatory frameworks around cryptocurrencies may cause market participants to stay away from ETH investments, contributing to bearish trends in its price.
7. The development of new technologies such as layer-2 solutions has placed increased strain on the Ethereum network and could potentially contribute to bearish trends in its price action in the future
Join OpenAI | Chart | Buy
用v神個open ai bot問出嚟