Justin Sun continues to buy Ethereum (ETH) at the bottom?
Will Ethereum ETH continue to fall? Maybe even below $3,000? Does anyone question his understanding of the market?
Justin Sun currently holds 410,066 Ethereum ETH, with a total value of approximately US$1.4 billion. This move has attracted attention to the future trend of Ethereum ETH. Many people believe that he is buying Ethereum ETH at the bottom, indicating a possible rise. However, under the current market environment, Justin Sun's large-scale purchases will not have a significant impact on the overall market. He may temporarily face downward price pressure, but if he sells all his Ethereum holdings within the next year, it may cause greater fluctuations in the price of Ethereum.
Here are possible downside targets for Ethereum:
1. First goal: $3088
2. Second goal: $2888
3. Third goal: $2588
These targets reflect current market expectations and possible support levels, which could become important price areas if the market continues to decline.
