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Well-known analyst: The worst period in the market has passed, and the next few weeks will be a consolidation phase.
BlockBeats News, November 7th, renowned crypto analyst @IamCryptoWolf posted on the X platform stating that the worst period in the market has passed. The market may experience a consolidation phase in the coming weeks before resuming its upward trend. Notably, on November 4th, he warned that Ethereum was entering its final adjustment stage and could potentially dip to the $3400 range, but the actual lowest point for Ethereum was $3057. @IamCryptoWolf first shared his analysis on the Tradingview platform in 2014 and has 113,000 followers on X.