⚠️🚨🚨Ethereum ready for launch 🚀 🚀🚀
As the crypto market vibrates to the rhythm of Bitcoin’s spectacular rises, one key player is preparing to play its trump card: Ethereum. While Bitcoin is currently making history with new highs, Ethereum is lagging behind, which fuels debates about its ability to overtake its rival. Technical signals and investment movements are now capturing the attention of experts, with the idea of a trend reversal.
Despite a market marked by euphoria around Bitcoin, Ethereum seems to be quietly preparing for a surge. Currently valued at $3,303, still 36% below its 2021 peak, Ethereum is intriguing. The next market phase could be one where Ethereum surpasses Bitcoin for some observers. This scenario would be based on historical elements. Indeed, each market cycle sees Ethereum briefly dominate Bitcoin, a situation still expected in the current cycle.
The massive flows into Ethereum spot ETFs reinforce this hypothesis. In a few weeks, these instruments have accumulated $147 million, reflecting a clear shift in investor strategy: the transition from distribution to accumulation. This data is corroborated by significant purchases of ETH by whales, which exceed $1.4 billion, and underscores a renewed institutional confidence.
The next steps will be decisive for Ethereum, which still has to overcome key resistances at $4,000 and $6,000. If these thresholds are crossed, an optimistic scenario could propel its value up to $10,000, according to projections. However, these prospects remain conditional on an improvement in the macroeconomic context and increased investor confidence.
Beyond the numbers, this potential rise of Ethereum could reshuffle the cards in the crypto ecosystem. If Bitcoin has consolidated its status as a store of value, Ethereum could establish itself as an essential platform for financial innovations. With institutional players already well engaged, the duel between these two giants is only just beginning.
