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Pessimistic prediction for Ethereum : Reaching rare lows ?

Peter Brandt’s pessimistic forecasts, one of the most seasoned traders in the financial scene, plunge the crypto community into palpable concern. Indeed, the price of Ethereum could well collapse to as low as $1550, a level rarely seen in recent years. In the context of a widespread correction in the crypto market, this prediction is as shocking as it is thought-provoking. Ethereum, considered one of the pillars of the sector, is indeed mired in a pronounced bearish spiral, with no recovery signal in sight.