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Trading veteran Peter Brandt has predicted a possible crash in Ethereum (ETH) price, suggesting the largest altcoin could fall below $2,000. As investors seek other avenues to pitch their tents amid this bearish outlook, new market entrant ETFSwap (ETFS) generates buzz as a compelling alternative for massive gains thanks to its unique offerings and remarkable presale performance.
Trading Veteran Peter Brandt’s Bearish Ethereum (ETH) Outlook.
In an X post, Peter Brandt, a trading veteran and famous crypto analyst, raised concerns about a possible Ethereum price crash. Peter Brandt points to a series of concerning chart patterns, including a completed five-month rectangle pattern and a rising wedge formation on Ethereum’s intraday chart.
Based on these observations, the trading veteran has announced a short position on Ethereum with a price target of $1,651, suggesting a possible substantial 40% drop from its present market level of around $2,700.
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However, Peter Brandt also cautions that chart patterns don’t always play out as expected, adding an element of uncertainty to his prediction.
ETFSwap (ETFS) Delivers A Superior Investment Alternative Amid Ethereum’s Possible Price Crash.
ETFSwap (ETFS) is a DeFi platform with 24/7 market coverage that allows users to trade tokenized versions of publicly listed cryptocurrency ETFs. The platform goes a step further to back these tokenized ETFs with real-world securities by collaborating with Mi-Ca-compliant investment banks, giving its users the best of both traditional and decentralized finance.
As Ethereum (ETH) price faces a potential nosedive, ETFSwap’s profit-oriented approach, evident in its features and utilities, makes it a compelling alternative. For example, the platform’s advanced AI ETF screener and tracker tool analyzes market movements and turns its observations into reliable recommendations on high-potential investments. This means ETFSwap (ETFS) users can quickly identify potentially profitable investments at the best entry point before the larger market catches on.
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Traders on the ETFSwap (ETFS) platform can also amplify their potential profits thanks to the leveraging options and customizable trading strategies. They can choose leverages of up to 10x on all trades and 50x on futures options and then adjust other parameters like entry and exit points to refine their approach as market conditions change.
ETFSwap’s earning possibilities extend to its native ETFS token, as holders can generate passive income by earning up to 87% APR yield as a staking reward. These investors are also set to enjoy discounted trading fees, exclusive investment opportunities, and priority access to ETF listings, allowing them to capitalize on new market opportunities early enough.
Further boosting investor confidence, analysts have predicted that the ETFS token is poised for a potential 1000x move, driven by expectations that the Solana and Ripple ETFs launch will direct more institutional attention to crypto ETFs and push up the token price.
Additionally, ETFSwap (ETFS) has announced plans to launch its own ETF in 2025, so the potential for even more parabolic gains is on the horizon.
As a result, investors have been FOMO-ing hard on the platform’s presale, purchasing tokens early to position themselves for possible 1000x gains, especially with Peter Brandt’s bearish Ethereum (ETH) prediction. These early investors have been acquiring tokens at a discounted rate of $0.0183 and are set to earn a 100% ROI when the price increases to $0.03846 a few days from now.
All of ETFSwap’s features are housed on a user-friendly, permissionless interface that allows users to open an account and start trading within minutes. To put concerns about the platform’s credibility to rest, ETFSwap’s smart contracts have been thoroughly audited by Cyberscope and certified as having no vulnerabilities.
The project also received KYC verification from Solidproof, further enhancing its security measures against fraudulent activities.
Last Chance To Join The ETFSwap (ETFS) Presale
With Peter Brandt’s bearish outlook on Ethereum (ETH), now is the time to join the ETFSwap (ETFS) presale and position yourself for a possible 1000x move.
ETFSwap’s beta platform is set to launch in less than 30 days, and tokens are selling out fast as the presale is in its last days. Once this presale ends, so does the opportunity for potentially massive gains.
For more information about the ETFS Presale:
