Ethereum rebounds, but the road back to the old peak is still a long way!
This morning I opened the chart and saw Ethereum up more than 5% to around $2,641, and I was secretly happy for everyone who still holds. Remember back then—$ETH was the king, leading the whole market. Now when you look back, it’s still 47% away from the ATH. It feels like it was just yesterday, yet so many cycles have already passed.
This time, I noticed buying pressure around $2,400 is quite solid, which is also a positive sign. But honestly, I’m still a bit skeptical about a strong, sustained rally. The market still has many variables, and not to mention the selling pressure isn’t small either.
For reference only, not investment advice. DYOR.
#BitcoinEthereumHitMultiMonthHighs #Ethereum
This morning I opened the chart and saw Ethereum up more than 5% to around $2,641, and I was secretly happy for everyone who still holds. Remember back then—$ETH was the king, leading the whole market. Now when you look back, it’s still 47% away from the ATH. It feels like it was just yesterday, yet so many cycles have already passed.
This time, I noticed buying pressure around $2,400 is quite solid, which is also a positive sign. But honestly, I’m still a bit skeptical about a strong, sustained rally. The market still has many variables, and not to mention the selling pressure isn’t small either.
For reference only, not investment advice. DYOR.
#BitcoinEthereumHitMultiMonthHighs #Ethereum
