Standard Chartered backs $4,000 ether as retail piles into the sub-$2,000 drop
Hex37's read
- Standard Chartered predicts ETH to reach $4,000.
- On-chain metrics are expected to drive price recovery.
- Retail investors are buying the dip below $2,000.
- Record futures short build suggests the bottom is not in.
What it means for traders
- Retail buying pressure below $2,000 could create short-term support.
- A divergence between on-chain metrics and futures market sentiment is present.
Affected markets
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