Prominent Analyst: Ethereum Likely to Revisit $3400 Before Bouncing Back

October 16th, renowned crypto analyst @IamCryptoWolf posted on Platform X stating that Ethereum is highly likely to retest the low point again (shown in the chart below $3400) before the next round of rebound, which is the same pattern that has appeared in the market multiple times.

@IamCryptoWolf shared his analysis view on the Tradingview platform in 2014 and has 113k followers on Platform X.