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Prominent Analyst: Can Ethereum Break $3,700 to Validate Whether the Bull Market Has Ended

BlockBeats News, December 3rd, renowned crypto analyst @IamCryptoWolf posted on Platform X stating that if the bull market is over, ETH should fail around the $3700 range (iHS neckline) (end of bounce). However, if the bull market is still ongoing, ETH will directly break through $3700 and then skyrocket.

@IamCryptoWolf shared his analysis on the Tradingview platform in 2014 and has 113,000 followers on Platform X. The analyst previously stated in early November, "Ethereum will experience a correction in November, and if it falls below $3100, the bear market will begin."

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Prominent Analyst: Can Ethereum Break $3,700 to Validate Whether the Bull Market Has Ended

F2Pool co-founder Wang Chun has withdrawn a total of 54,500 ETH from Binance in the past half month, equivalent to approximately $93.25 million

F2Pool Co-Founder Wang Chun Increases Holdings by $33.411 million in Value in the Past 15 Hours in ETH and WBTC

A whale has deposited 5900 ETH into Kraken, expecting to incur a loss of $9.8 million

Chainlink's non-circulating supply wallet has transferred 18.375 million LINK to Binance, equivalent to $144.93 million.