The problem is that we don’t know what comes next because the market is so unpredictable these days. After the Ethereum merge, I did expect the ETH price to go down as well as the crypto market.
There’s no timetable for recovery but I just still believe that Bitcoin and the entire crypto market might bull run again after the halving period. Our position now is much better than before due to the fact that global adoption continues.
yes now I also think this is not time for recover the Crypto market even ethereum is also so in a danger zone for now maybe e in the next a couple years whole crypto market can start recovering but this is not possible for this year. I don't know exactly how long such bad market conditions will last. Bitcoin has now started falling again and so have other coins along with it which is really bad news for the cryptocurrency market.
A few days ago to pump up the market a bit, I thought the market was heading towards a better situation. I thought Etherium could create a resistance zone in 1.7k to 1.8k but it can't do that And just going down, and today it was going down to about 1.4k . I also think that this bearish season will take more time to recover and many analysts thought that it gonna be happening on 2024 halving.