In the volatile world of cryptocurrency trading, adaptability is paramount. Recently, renowned trader Peter Brandt surprised the market with a notable shift in his stance on Ethereum (ETH). This update delves into Brandt’s revised outlook, shedding light on the evolving narrative surrounding one of the top cryptocurrencies.

Etheruem price to $650 was Brandt’s previous outlook – Read More

Ethereum price and Brandt’s Initial Assessment:

In a surprise move, veteran technical analyst Peter Brandt has revised his stance on Ethereum (ETH), pivoting from a previous bearish outlook to a more optimistic view. This shift underscores the dynamic nature of the cryptocurrency market and the importance of ongoing market analysis for informed decision-making.

Strong opinions, weakly held
When circumstances change, my opinion changes
My recent appraisal of $ETH called for immediate price collapse – that has not happened
I have withdrawn my bearish outlook based on chart structure. @CointelegraphMT pic.twitter.com/Pb2fUsuiAn

— Peter Brandt (@PeterLBrandt) December 22, 2023