Market Correction and "V-Shaped" Recovery Predictions
Ethereum's price has faced a sharp drawdown in early 2026, dipping toward the $2,000 support level. Austerity Measures: Vitalik Buterin noted that the Ethereum Foundation is entering a period of "mild austerity" to streamline funding for core research. Recovery Outlook: Analysts from firms like Standard Chartered and Bitmine are predicting a "V-shaped recovery," citing historical patterns where ETH bounces back aggressively after 50% declines. $BTC $ETH #GateSquare$50KRedPacketGiveaway
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Market Correction and "V-Shaped" Recovery Predictions
Ethereum's price has faced a sharp drawdown in early 2026, dipping toward the $2,000 support level.
Austerity Measures: Vitalik Buterin noted that the Ethereum Foundation is entering a period of "mild austerity" to streamline funding for core research.
Recovery Outlook: Analysts from firms like Standard Chartered and Bitmine are predicting a "V-shaped recovery," citing historical patterns where ETH bounces back aggressively after 50% declines. $BTC $ETH #GateSquare$50KRedPacketGiveaway