Mechanism Capital Partner: ETH seems likely to return to $1,000 - 1,500 this year "
On April 6, Andrew Kang, partner partner of Mechanism Capital, issued an article on the X platform saying that he has not paid close attention to cryptocurrencies in the past few months, but the possibility that ETH will return to US$1,000-US$1,500 this year seems very high. Given that the speculative trend has obviously passed, for an asset with negative growth/earnings, the market value reaching US$215 billion is ridiculous, and the bear market argument holds true.
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