‘Welcome to Pain’ – Analyst Benjamin Cowen Says Ethereum Mirroring 2019 Market Cycle’s Playbook
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Analyst Benjamin Cowen suggests that Ethereum (ETH) may face significant challenges before a recovery, similar to its 2019 market cycle. He believes a shift in monetary policy is necessary for ETH's performance against Bitcoin (BTC) to improve. Cowen highlights that ETH's current price points are approximately 10 times higher than in 2019, with ETH trading at $1,907, down over 1% in the last 24 hours.
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