Ethereum may have another opportunity to re-enter

Similar to Bitcoin, Ethereum often loses momentum when prices surge significantly, especially when the price increases by more than 60% within 30 days.

From historical data, this is usually a good opportunity to take profits. The current price has retraced to a level comparable to a month ago, which may indicate that a re-entry opportunity is brewing, especially if the bull market is expected to last until 2025.

It is worth noting that Ethereum has not shown the higher beta characteristics during this round of rebound as it did in the previous bull market. However, it remains a favored asset among investors. The recent continuous inflow of ETF funds is the best proof of this. This strong demand not only highlights Ethereum's important position but also indicates that it remains in the spotlight, even if its performance in this cycle is slightly below expectations.