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Viewpoint: Ethereum's recent drop is just a "healthy pullback after a 245% rally."

By: theblockbeats.news|2025/08/20 02:42:11

BlockBeats News, August 20th, Cryptocurrency analyst @IamCryptoWolf commented on Ethereum's recent pullback, stating, "This is just a retracement after experiencing a 245% surge (Ethereum started rising from a year-to-date low of $1385 on April 9th and hit a year-to-date high of $4788 last week) and breaking through the longstanding $4000 resistance level. A healthy pullback, possibly just a retest of the breakout area."

@IamCryptoWolf shared his analysis on the Tradingview platform in 2014 and has 111k followers on the platform.

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