PANews December 26 News, according to Cointelegraph, crypto analyst Ben Cowen stated that given Bitcoin’s current situation, Ethereum is unlikely to hit a new high within the next year. However, if Ethereum does manage to retake the all-time high of $4,878 set in August, it could ultimately turn into a “bull trap,” with prices soaring and then sharply falling back to $2,000.
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Analyst: Ethereum is unlikely to hit a new high in 2026
PANews December 26 News, according to Cointelegraph, crypto analyst Ben Cowen stated that given Bitcoin’s current situation, Ethereum is unlikely to hit a new high within the next year. However, if Ethereum does manage to retake the all-time high of $4,878 set in August, it could ultimately turn into a “bull trap,” with prices soaring and then sharply falling back to $2,000.