**Ethereum Classic Shows Short-Term Gains Amidst Long-Term Uncertainty**
Ethereum Classic (ETC) has experienced a 3.12% increase against the US Dollar in the last 24 hours, outperforming the broader cryptocurrency market. Despite this short-term gain, the long-term outlook remains uncertain. The coin is trading 6.86% below its predicted price for October 24, 2024, and has shown a 17.41% decline over the past three months.
The market sentiment is currently neutral, with the Fear & Greed index indicating greed. However, this optimism may be misleading as it often precedes market corrections. Investors should exercise caution, given the inherent volatility and unpredictability of the cryptocurrency market.