Alliance DAO Founder: ETH is currently severely oversold, it's hard not to want to buy
Alliance DAO founder and core contributor Qiao Wang posted on platform X, stating that the current oversold level of ETH is roughly equivalent to the levels after the 2021 Terra crash, the deep bear market in 2018 (when prices fell to double digits), and the 2016 DAO hack. At such an oversold level, it's hard not to consider buying.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BlackRock's iShares applies for spot HYPE ETF
The US spot Ethereum ETF had a net outflow of 10.3 million dollars yesterday
Aave: The EURC has been launched on the Base chain market and can be used as collateral
Trending news
MoreCrypto prices
More
