Prominent crypto analyst @IamCryptoWolf has predicted that Ethereum may dip below $3,400 before experiencing a rebound. This forecast, shared on October 16, is based on a recurring market pattern identified by the analyst. @IamCryptoWolf, who has been providing market analysis since 2014 on Tradingview, has a significant following of 113,000 on X, highlighting the influence of his market insights.