Well-known analyst: Ethereum is very likely to test $3,400.00 again, and then start to rebound

On October 16, well-known crypto analyst @IamCryptoWolf posted on the X platform that Ethereum is likely to sweep the lows again (shown as below $3,400.00 in the chart) before the next round of rebound begins, which is the same pattern that has appeared in the market many times.

@IamCryptoWolf published his analysis on the Tradingview platform in 2014 and has 113,000 followers on the X platform.