Analyst Ben Cowen: Ethereum Unlikely to Reach New Highs in 2026
Deep Tide TechFlow news, on December 26, according to Cointelegraph, cryptocurrency analyst Benjamin Cowen stated in a certain exchange's podcast that considering bitcoin's current market conditions, it is unlikely for ethereum to reach a new high in 2026.
Cowen pointed out that if bitcoin is indeed in a bear market, it will be difficult for ethereum to rise. Even if ETH returns to its all-time high of $4,878, it could be a "bull trap," and the price may then sharply fall back to $2,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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