In brief
- The price of Ethereum fell by more than 10% following its very recent all-time high.
- Was it enough to shake off ETH bulls?
- Myriad data suggests market sentiment remains bullish. And technical market indicators largely agree.
The recent crypto market dip isn’t deterring Ethereum bulls: They’re still betting ETH goes higher.
Prediction market traders on Myriad, a market developed by Decrypt’s parent company Dastan, remain convinced that Ethereum hits the $5,000 price mark sooner rather than later, notching a new all-time high in the process.
While Ethereum currently hovers near $4,500 after a wild up-and-down weekend, traders on Myriad place the odds of ETH hitting $5K in the next four months at around 80% on one market, and
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Author: Jose Antonio Lanz
