Ethereum‘s (CRYPTO: ETH) underperformance has sparked fresh debate about its future, with crypto analyst Benjamin Cowen suggesting the cryptocurrency might have finally reached its lower logarithmic regression trend line.
What Happened: In a video podcast on Feb. 5, Cowen, known for his data-driven approach, pointed out that Ethereum has reached a critical juncture.
“Technically speaking, ETH has gone to the lower logarithmic regression trend line,” Cowen states, emphasizing the significance of this move.
Cowen also pointed to the impact of the Federal Reserve’s monetary policy …
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