2018 Ethereum price fractal suggests a $400 bottom, but analysts say the merge is a ‘wildcard’

2022.07.16 10:45

There’s no rest for the weary during a bear market, and the Crypto Fear and Greed index shows that investor sentiment has been stuck in a state of “extreme fear” for a record 70 consecutive days.

As the market looks for a catalyst to reverse the trend, there is little on the horizon besides the Ethereum (ETH) Merge that seems capable of sparking a rally. If that is indeed the case, the market could continue to trend down or sideways until the tentative Merge date of September 19.

2018 Ethereum price fractal suggests a $400 bottom, but analysts say the merge is a ‘wildcard’