@bitpro
ETH could keep dropping to $1,500, and in a worst-case scenario—even $1,000, though that’s less likely.
Honestly, like most people, I really don’t want it to fall that far—because that would mean serious losses.
But if it does drop that low, what happens then? Can the crypto-focused Wall Street institutions handle it? Will a few of them implode?
You could check their cost basis—if it goes from $4,000 down to $1,000, that’s a 75% drop. Could that wipe some of them out, potentially triggering more panic and accelerating the final leg of the decline?
This is not investment advice—just my personal view.