Renowned Analyst: The Market's Worst Period Is Behind Us, Coming Weeks Will Be a Period of Consolidation

BlockBeats News, November 7th, prominent crypto analyst @IamCryptoWolf posted on Platform X stating that the market's worst period is behind us. The market may experience a period of consolidation in the coming weeks before resuming its upward trend.

It is worth noting that on November 4th, although he warned that Ethereum was entering its final correction phase and could potentially drop to the $3400 range, Ethereum actually bottomed out at $3057.

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