Alliance DAO Founder: ETH is currently severely oversold, it's hard not to want to buy
Alliance DAO founder and core contributor Qiao Wang posted on platform X, stating that the current oversold level of ETH is roughly equivalent to the levels after the 2021 Terra crash, the deep bear market in 2018 (when prices fell to double digits), and the 2016 DAO hack. At such an oversold level, it's hard not to consider buying.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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