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The founder of Mechanism Capital predicts that the ETH price will drop to the range of 1000-1500 dollars.

GateNews

2025-04-06 11:01:43

ETH1,87%

According to the Gate.io News bot, Andrew Kang, the founder of Mechanism Capital, stated on social media that although he has not been closely following the dynamics of the crypto market recently, ETH is expected to fall back to the range of $1000-1500 this year.

Andrew Kang pointed out that in the current situation where the speculative frenzy has subsided, it is unreasonable to value an asset with a market capitalization of $215 billion that is experiencing negative growth or has no profitability, and he continues to maintain a bearish stance on ETH.

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