Ethereum flashes buy signs amid whispers of ‘massive bear trap’: Analysts

Ether’s price fell a “little deeper” than one analyst expected, but said it is still a “great area” to be accumulating the asset.

Ether may have entered a prime accumulation zone, with analysts suggesting the recent pullback could soon reverse.

MN Trading Capital founder Michael van de Poppe said in an X post on Thursday that the recent price decline in Ether (ETH) was a “little deeper than expected.”

“Still a great area to accumulate positions on ETH,” he added. 

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