{"id":153007,"date":"2025-03-14T15:00:38","date_gmt":"2025-03-14T13:00:38","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=153007"},"modified":"2025-03-14T14:34:31","modified_gmt":"2025-03-14T12:34:31","slug":"ethereum-faces-pain-before-recovery-says-top-analyst","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ethereum-faces-pain-before-recovery-says-top-analyst\/","title":{"rendered":"Ethereum Faces “Pain” Before Recovery, Says Top Analyst"},"content":{"rendered":"
Cowen shared<\/a><\/strong>\u00a0that Ethereum\u2019s price<\/a><\/strong> chart against Bitcoin<\/a><\/strong> (BTC) is likely to hit a bottom, but only after some significant pain.<\/p>\n He drew comparisons to the 2019 market, noting that ETH\u2019s support levels against the US dollar were breached just before the Federal Reserve ended its tightening policies.<\/p>\n Cowen suggests that a similar scenario is unfolding today, but on a longer timeline. While the market feels different now, he explains that the key issue is the lack of a change in monetary policy, which is slowing the recovery process.<\/p>\n