Crypto Market Enters Step 2 Of Benjamin Cowen’s Guide For 2025, What’s Next On The List?

Quick Summary:

The analyst pinpointed Ethereum (ETH) in his price chart, emphasizing that the second-largest cryptocurrency is set to decline further, in line with his earlier predictions.  Step 2: Crypto Market Sells Off As ETH Goes Home Ethereum is currently experiencing widespread market sell-offs as investors react to its bearish price action and tightening liquidity conditions.

This decision is critical, as easing monetary conditions would pave the way for the analyst’s fourth step — a bullish phase fueled by market rallies.  Related Reading: Ethereum Price Analysis: ETH Faces Moment Of Truth’ After Crash Toward $3,000 In the fifth step, Cowen predicts that macroeconomic conditions will deteriorate later in the year.

During this time, Ethereum and most altcoins underperform due to the lack of interest and demand from investors.  Now, in Step 2 of Cowen’s 2025 guide, the crypto market has entered a correction phase, with Ethereum declining sharply.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: United Kingdom

Topics: Bitcoin's Dominance Altcoins Bitcoin Cryptocurrency Market News Federal reserve Benjamin Cowen Fed Ethereum Crypto Btc Into The Cryptoverse Correction Phase CoinMarketCap Crypto news

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 00:30:04 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 503 words

Reading Time: 3 minutes read

Sentences: 93 lines

Sentence Length: 6 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 25856532

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