Analysts Say Ethereum is on Track for a New All-Time High as the ‘Final Nail in the Bear Market’ Appears

There is a low chance that Ethereum will fall below $1,600, with current support between $2,800 and $3,430.

Credible Crypto notes that the recent decision by the U.S. Securities and Exchange Commission (SEC) to end its investigation into whether Ethereum is a security is seen as a bullish catalyst that could propel ETH to a new all-time high.

As of this writing, Ethereum is trading at $3,530.

Last year, after CRV suffered a bug, the big guys struck an OTC deal at $0.40 to prevent a deeper sell-off.

It’s a good time to join the DeFi backbone at a lower price than a year ago. As of this writing, CRV is trading at $0.333.

Utility tokens for DeFi platforms are currently experiencing tight liquidity. Most CVX tokens are locked or staked, and the circulating supply of the token is about to reach its maximum supply.

At the same time, CRV and CVX also present unique investment opportunities, especially at the current low price level. Investors should pay close attention to the market movements of these tokens and seize potential investment opportunities.