ETH faces a pivotal moment as market dynamics, protocol upgrades and regulatory shifts converge. This analysis dissects price drivers, on-chain metrics and risks to outline plausible near-term scenarios.
Ethereum has slipped below the ‘Mayer Multiple’ level, a key metric that previously signaled a buying opportunity before its surge to $4,000. Analysts are closely monitoring this development as it could indicate future price movements for the altcoin.