Ethereum

Shiba

Shiba Inu

<p>Amid a recent wave of negative stories and price pullbacks for Ethereum (ETH), several top crypto analysts remain steadfastly bullish on the second-largest cryptocurrency. They view the ongoing narratives as coordinated “FUD” (fear, uncertainty and doubt) aimed at allowing larger players to accumulate ETH at cheaper levels.</p>
<p>Leading the bullish charge is <a href="https://twitter.com/Ashcryptoreal/status/1770505170343829546?t=1WpQc15uCyegdtZ_eFJwlQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Ash Crypto</a>, who stated bluntly: “This all is just a coordinated FUD to buy cheap ETH before the spot ETF gets approved.” The analyst pointed to Ethereum’s deflationary supply dynamics, the crypto ecosystem’s reliance on ERC-20 tokens, and the millions of ETH being continually burned in fees as underpinning fundamentals.</p>
<p>“ETH is going to $10k. You are not bullish enough,” Ash Crypto proclaimed, implying that the recent pessimism is severely misguided.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><a href="https://twitter.com/MatthewHyland_/status/1770455585458135196?t=GxyJ20BEvqU6Dy8A-LKa8g&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Matthew Hyland,</a> another prominent ETH analyst, concurred that the negative coverage around a potential Ethereum spot ETF approval is to be expected. However, he argued it is being deliberately perpetuated to create “doubt and fear” in order to suppress ETH’s price.</p>
<p>According to Hyland, this is because “Wall Street could not buy the BTC ETF without the ETF itself,” and he believes the same dynamic will play out with an Ethereum ETF. He stated institutions need the ETF vehicle to accumulate exposure seamlessly.</p>
<p>“The only way to hold the ETH price down now is by pushing out negative stories that it won’t get approved,” Hyland explained, suggesting traders are being “manipulated” by narratives aiming to create cheaper buy-in levels for larger players.</p>
<p>The analyst pointed to BlackRock’s exceptional track record of 576 approved and only 1 rejected ETF filing as a harbinger of things to come. He also highlighted BlackRock’s launch of a $100 million token asset fund using Ethereum as a bullish signal.</p>
<p>While acknowledging the recent 26% sell-off for ETH, <a href="https://twitter.com/SenseiHov/status/1770542538333798798?t=SOcSGUf8Fm8Mq-L9AOHAIQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">analyst Hov</a> adopted a more technical perspective. The sell-off presented a “high probability area” to buy the dip according to their analysis. Hov eyes $3,400 as an optimal re-entry level, but also noted $2,800 as another key area of interest if ETH can’t reclaim $3,400 in the near-term.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="537" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-926-1024x537.png" alt="" class="wp-image-456820" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-926-1024x537.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-926-300x157.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-926-767x402.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-926-1536x806.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-926-2048x1074.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-926-286x150.png 286w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-926-100x52.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-926-667x350.png 667w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-926-788x413.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-926.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Amid the back-and-forth narratives, one message rings clear from these elite analysts – the current ETH weakness may be being overstated and potentially orchestrated. As such, they argue investors should be taking advantage of any discounted prices, as they see Ethereum’s fundamentals and upcoming catalysts like a spot ETF approval as driving a continued marathon uptrend.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/elite-crypto-analyst-shares-top-10-mistakes-to-avoid-this-bull-run/" target="_blank" rel="noopener noreferrer nofollow">Elite Crypto Analyst Shares Top 10 Mistakes To Avoid This Bull Run</a></li>
 <li><a href="https://captainaltcoin.com/shiba-inu-team-member-predicts-miracle-recovery-and-new-shib-ath-before-bitcoin-halving/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu Team Member Predicts “Miracle Recovery” and New SHIB ATH Before Bitcoin Halving</a></li>
 <li><a href="https://captainaltcoin.com/crypto-whales-monitor-rising-altcoins-scorpion-casino-memeinator-scotty-ai-as-they-project-100x-gains/" target="_blank" rel="noopener noreferrer nofollow">Crypto Whales Monitor Rising Altcoins Scorpion Casino, Memeinator &amp; Scotty AI As They Project 100x Gains</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/experts-expose-coordinated-fud-suppressing-ethereum-price-and-why-youll-regret-not-buying-more-eth/" rel="noopener noreferrer nofollow">Experts Expose ‘Coordinated FUD’ Suppressing Ethereum Price and Why You’ll Not Regret Buying More ETH</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Experts Expose ‘Coordinated FUD’ Suppressing Ethereum Price and Why You’ll Not Regret Buying More ETH

Table of Contents

CaptainAltcoin

Other articles published on Mar 21, 2024

Is SLERF next big thing in meme? Arthur Hayes makes bet

Crypto: Double win for Ripple – agreement with the SEC and validation of XRP by the ECG!

Digiverse Price Prediction: DIGI Goes Ballistic With 42% Surge As This World-First AR/VR Presale ...

XRP Suddenly Adds $3 Billion to Market Cap in Just 24 Hours

Solidus Ai Tech (AITECH) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

BlackRock and Securitize Markets Spearhead Investment Innovation with New Ethereum-Based Tokenize...

Join our free newsletter for daily crypto updates!