Constancy Digital Belongings launched a “Q2 2023 Indicators Report” on July 18, which claimed that Ether’s outlook for the subsequent 12 months and the long run is constructive. 12 months-to-date, Ether (ETH) has gained 62%, however whereas the funding agency is likely to be short-term bullish on Ether, that doesn’t imply it believes that the month-long bullish channel shall be sustained.
Whereas institutional buyers like Constancy Digital Belongings could have a bullish longer-term imaginative and prescient for ETH’s worth, let’s examine their evaluation towards community and market knowledge to see in the event that they’re on the cash.
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