Amazon Rose 1,000x After Its Crash, Standard Chartered Says Ethereum Is Next
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Standard Chartered has drawn a comparison between amazon's stock performance after a crash and ethereum's current price setup. The company notes that amazon's stock rose 1,000 times after its low point, and suggests a similar trajectory may be possible for ethereum. Ethereum's price setup is said to mirror amazon's stock at its 2001 lows, before its significant rally.