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Ethereum in the Bull Market: Undervalued Blue Chip or Gradually Slowing Giant?
Original title: (Ethereum in the Bull Market: Undervalued Blue Chip or Gradually Slowing Giant?)
Original author: Frank, PANews
As the bull market enters altcoin season, time seems to be running out for ETH. Since the beginning of this surge cycle at the end of 2023, ETH's performance has garnered much attention. However, it seems that ETH's performance has been somewhat below expectations over the past year. The most intuitive observation is that from October 2023 to now, the maximum increase was 170%, lingering around the $4000 mark without a significant breakthrough. In contrast, BTC's maximum increase during the same period exceeded 300%, and SOL's increase surpassed 1300%. Many believe that ETH represents the opportunity for the altcoin season, but with several established altcoins rising sharply in the short term, ETH's momentum appears noticeably insufficient.
Original author: Frank, PANews
As the bull market enters altcoin season, time seems to be running out for ETH. Since the beginning of this surge cycle at the end of 2023, ETH's performance has garnered much attention. However, it seems that ETH's performance has been somewhat below expectations over the past year. The most intuitive observation is that from October 2023 to now, the maximum increase was 170%, lingering around the $4000 mark without a significant breakthrough. In contrast, BTC's maximum increase during the same period exceeded 300%, and SOL's increase surpassed 1300%. Many believe that ETH represents the opportunity for the altcoin season, but with several established altcoins rising sharply in the short term, ETH's momentum appears noticeably insufficient.
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