This TradFi signal appeared before Ethereum’s explosive bull runs in the past: Will ETH be next?
- The Russell 2000 Index has reached a new all-time high; historically, this is often followed by major Ethereum (ETH) rallies within the next 6–12 months.
- Analysts believe the index’s upward momentum suggests investors’ risk appetite has improved, which is often beneficial for altcoins like ETH during risk-on market phases.
- Despite recent struggles, ETH is still up more than 20% from the local bottom, while analysts recommend accumulating since previous breakouts have delivered significant returns.
Source: CryptoPotato
🌍 Updated by GemCrypto
$ETH
#Ethereum #Crypto
- The Russell 2000 Index has reached a new all-time high; historically, this is often followed by major Ethereum (ETH) rallies within the next 6–12 months.
- Analysts believe the index’s upward momentum suggests investors’ risk appetite has improved, which is often beneficial for altcoins like ETH during risk-on market phases.
- Despite recent struggles, ETH is still up more than 20% from the local bottom, while analysts recommend accumulating since previous breakouts have delivered significant returns.
Source: CryptoPotato
🌍 Updated by GemCrypto
$ETH
#Ethereum #Crypto