Ethereum Dead Cat Bounce Puts Price At $3,400, But What’s The Ultimate Target?

Ethereum is still struggling after the initial market crash on October 10 that rocked the market. The subsequent market declines have pushed the largest altcoin by market cap toward $3,000, breaking below it for the first time at the start of the week. With the price looking to find support, there is the possibility of a dead count bounce happening that could see the price rise by more than 10%. However, with a dead count bounce being ultimately bearish, the target remains much lower source: https://www.newsbtc.com/news/ethereum/ethereum-dead-cat-bounce/