Cryptocurrency analyst Rager, who frequently comes to the fore with his predictions, Ethereum He thinks ETH will continue to perform worse than BTC despite potential approval speculation regarding its ETFs.
Stating that he is watching the ETH/BTC chart, Rager thinks that although Ethereum presented an optimistic outlook earlier this month, it is still not good enough in the long term. The analyst said the price did not look very optimistic, except for a three-day rise at the beginning of January. stated.
Koinfinans.com As we reported last week, the U.S. Securities and Exchange Commission (SEC) postponed its decision to approve or deny Grayscale’s request to convert its Ethereum Trust (ETHE) product into an ETF. The SEC also decided to take similar action on the Nasdaq Stock Exchange’s request to list and trade BlackRock’s iShares Ethereum Trust.
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Rager, cryptocurrency He also analyzed the general trend in the market and stated that the long-term upward trend continues. According to the analyst, cryptocurrencies will sooner or later reach higher levels and provide a more stable outlook by reducing volatility.
The analyst states that the sector that he believes will have an impact on the cryptocurrency market is “games” and believes that quality productions can gain strength.