Analyst Warns Ethereum Could Face Months-Long Price Correction Similar to 2019

• Analyst Benjamin Cowen warns that Ethereum could see a correction similar to mid-2019 when interest rates were cut, causing ETH to bleed against Bitcoin.

• Current conditions like dropping ETH/BTC price and forthcoming Fed rate cuts are analogous to mid-2019.

• If history repeats, Ethereum may face a multi-month consolidation phase before bounding back when quantitative easing resumes.

• Ethereum is currently trading around $3,530, down 2.28% on the day.

• Cowen cautions that a 6-9 month crypto lull could occur if Ethereum follows its 2019 pattern.