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Trader Pickle Cat says ETH may fall further as US stocks face pressure

NewsFeeds update

Trader Pickle Cat's Den said newly bought ETH could still show losses and a drop to $1,500 next year may be a good outcome, citing expected Federal Reserve rate rises in December and beyond. The trader also flagged AI bubble and US equity downside risks.

EthereumOdailyAIBearish

Read the original on Odaily

More Ethereum updates

  1. ShapeShift founder Erik Voorhees buys 2,504 ETH for $4.75m

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  2. Ethereum Foundation moves 7.79m USDS to Safe multisig after swapping ETH

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  3. Ethereum Foundation-linked address sells another 1,000 ETH, 7,785 in total

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Every Ethereum update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.