Market Thoughts: Where Could ETH Go This Cycle?

4 months ago 13

Market Thoughts: Where Could ETH Go This Cycle?

Ethereum / TetherUS BINANCE:ETHUSDT

Lately, the crypto marketplace has been playing caput games with some bulls and bears. After the hype astir ETFs and L2 ecosystems, we’ve entered a play of uncertainty — the benignant of sideways chop that either shakes retired anemic hands oregon prepares the crushed for the adjacent limb up.

But let’s speech ETH.

While Bitcoin stole the spotlight earlier this year, Ethereum’s been softly gathering strength. With restaking, rollup adoption, and real-world usage cases growing, ETH is positioning itself arsenic much than conscionable “the metallic to Bitcoin’s gold.”

So, wherever could ETH spell this cycle?

Here’s my honorable take:
• Base case: $6,000–$7,000. This assumes continuation of existent adoption trends, mild macro resistance, and nary large achromatic swans.
• Bullish case: $10,000+. If we get a astonishment ETH ETF approval, beardown on-chain enactment from L2s (like Base and Blast), and BTC starring the marketplace higher — ETH could travel with superior momentum.
• Bearish case: We retest $2,500–$3,000 if macro hits hard oregon BTC dominance keeps ETH suppressed.

But successful my opinion, ETH hasn’t had its “moment” yet this cycle. BTC had its ETF rally, Solana had its memecoin mania — Ethereum inactive feels similar it’s coiling.

TL;DR: I’m not fading ETH here. Not successful a satellite moving toward modular chains, restaking economies, and tokenized everything.

Let maine cognize your thoughts. How precocious bash you spot ETH going this cycle?

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