CryptoQuant Analyst: Ethereum may experience a pullback in the short term, but the magnitude and duration are not expected to be significant.

PANews reported on July 23 that CryptoQuant analyst Crypto Dan stated that Ether has recently risen significantly, and a pullback may occur in the short term, but the extent and duration are expected to be limited. He pointed out that compared to the overheated market periods in March and November 2024, the current market is not at a high level. Although Ether has performed slowly in this cycle, it has previously rebounded from the bottom, and it may continue to rise in the second half of 2025. He also mentioned that Ether’s rise often drives the performance of other coins, and investors can pay attention to the subsequent market trends.