Ethereum (ETH) Endures a Rocky Start to Q4 2024

Contrary to investor expectations, Ethereum (ETH) has not returned to the $3000 range. The second-largest cryptocurrency ecosystem has struggled to maintain bullishness despite soaring to $4000 in Q2 2024.

Ethereum (ETH), now trading at $2,446, has fallen 7.8% since October. Its trading volume is $8.5 billion after a 24% drop from the previous day.

Ethereum (ETH) holders are confident of a price surge before the year ends. They cite Ethereum's (ETH) 12-month chart, which shows a 58.71% increase. However, market experts say Ethereum (ETH) might suffer from macro-economic declines worsened by global conflicts.

Furthermore, these experts claim Ethereum (ETH) might return to $3000 in February 2025. Following this prediction, some Ethereum (ETH) holders are setting their sights on the Propichain (PCHAIN) presale token.

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