Ethereum, like Bitcoin, tends to lose momentum when prices rise sharply, especially when prices rise more than 60% in 30 days. Based on historical data, this is usually a good opportunity to profit. The current correction to the same level as one month ago may mean that an opportunity to re-enter the market is brewing, especially if the cryptocurrency bull market is expected to continue until 2025.
It is worth noting that Ethereum has not shown the higher beta characteristics of the previous bull market in this round of rebound. However, it is still a popular asset for investors. The recent continuous inflow of ETF funds is the best proof. This strong demand not only highlights the importance of Ethereum, but also shows that it still attracts attention even if it performs slightly below expectations in this cycle.