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Analyst Issues Ethereum (ETH) Warning, Says One Crypto Sector Will Have the Biggest Impact on Crypto Markets

Crypto analyst Rager has issued a warning about Ethereum (ETH), stating that it will likely continue to underperform Bitcoin (BTC) despite the excitement surrounding the potential approval of ETH exchange-traded funds (ETFs). Rager notes that the ETH/BTC chart remains in a long-term downtrend, and the recent delay in approving the spot ETFs has not helped its case. However, Rager also expresses long-term bullishness on the crypto markets and believes that crypto assets will eventually see higher prices. Additionally, he predicts that the gaming sector within crypto will have a significant impact and advises investors to be prepared for upcoming high-quality games, set to be released in 2024.