Brandt’s bearish ETH call — But community predicts $3K before Merge

2022.06.09 07:21

Brandt’s bearish ETH call — But community predicts $3K before Merge

Veteran futures trader Peter Brandt has suggested that the price of Ether (ETH) could drop to as low as $1,268 in the coming month, but the consensus view of 15,500 members of the CoinMarketCap community is that the price will have hit roughly $3,131 by June 30.

The Ethereum network is now in the final steps of its long-awaited Merge with the Beacon Chain and transition to proof-of-stake (PoS), with developers confirming on Wednesday that they successfully completed the Ropsten testnet merge.

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