Kryptanium Capital believes that the price of ETH will soon fall to $2,500
According to Daniel Yang, if digital silver does not hold the $3,000 mark, then there is a risk of a sharp fall in the cryptocurrency towards the $2,500 mark.
The head of Kryptanium Capital is convinced that the main factor negatively impacting the ETH rate is the weak and unstable performance of the blockchain at the moment.
He believes that the position of the US Securities and Exchange Commission (SEC), according to which ether can be classified as securities, also adds fuel to the fire.
Analysts at 10X Research share the same point of view. They also point out that the Ethereum network is experiencing a significant drop in activity, which causes low fees, and the majority of transactions are carried out in second-layer blockchains.
In general, according to the consolidated assessment of experts, ether really has problems, and of a fundamental nature. If they are not eliminated, the ETH rate will fall to the psychologically critical level of $2500, and possibly even lower.
