ETHEREUM’s performance has been delayed from the broader cryptocurrency market in recent months, as the original failed to benefit from Gallery momentum Recently on the market.
While Bitcoin has repeatedly reached its highest levels, it has struggled with Ethereum to exceed $ 4000 and remain much less than its peak of $ 4,800.
Amid this slow recovery, the encryption analyst known as the Projectw visions on the possibility of Ethereum’s return, and urged investors to look at the long -term image.
In a joint mail In X, Projectw select many factors that can push the following collapse of ETAREUM. The analyst shed light on the years of accumulation of ETHEREUM in a wide trading range, indicating that this prolonged monotheism often precedes significant prices in prices.
Despite the negative feelings about Ethereum and novels that prefer other networks like Solana, Projectw stressed that Ethereum’s ethereum The bullish trend in the long run It is still intact.
The possible re -test of the 3000 dollar sub -group can be an incentive, providing the liquidity needed to pay ETHEREUM until after $ 4000 and a wider recovery space.
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ETH/BTC performance and expectations
A major point in Projectw Analysis is the constant performance of ETHEREUM against Bitcoin. To date, Ethereum has struggled to match Bitcoin’s gains during market gatherings and often faced a sharp decrease during market corrections.
This trend is reflected in the ETH/BTC trading pair, which remains in a declining structure on the higher time frames. However, the analyst has set a possible reflection area about $ 2700 for ETAREUM, which can coincide with a structural shift if ETH/BTC settles at these levels.
The Big ETHEREUM Back: an unbiased evaluation
“Ethereum died. Solana stole the show.”
Maybe I heard this takes a hundred times.
The feeling about ETH was not worse than before.
However-if he strives for feelings and novels-the long term of Ethereum … pic.twitter.com/ipkxvuxbnj
– Projectw (@fitforcrypto_)) January 29, 2025
The analyst also touched on the role of market makers and institutional players in shaping the ETHEREUM price track. According to the project, talk Negative coverage From Ethereum – which is suitable for concerns related to ETHEREUM to repeated comparisons with Bitcoin – is not a coincidence.
Instead, it can be a deliberate effort by the main market participants to assemble ETHEREUM at lower prices, a pattern noted in previous market courses.
The participation of institutional players, such as World Liberty Financial, which has followed Trump, which was reported to gain large amounts of ETHEREUM, adds another layer of complexity to the current market dynamics. Analyst Books:
We know how this game works. MMS move the price where they want – especially for high -liquidity areas. How do they do that? Media accounts. Recently, we have seen an aggressive batch of ETH FUD in the main publications. – ETHEREUM Foundation, which is interrogated – suffers from ETC’s poor performance everywhere, is this really a coincidence? Or is it the same as the old Playbook book? The market is immersed with Fud → retail sale at the bottom of → institutions accumulate.
ETHEREUM basic strengths and future expectations
Despite the weakness of the last performance, the analyst argued that Ethereum’s Basic basics Stay strong. Projectw Books:
Despite all the noise, Ethereum remains the most important smart contract network. – The deepest liquidity in Defi – The highest security and decentralization – It has the most powerful environmental system for the developer while the feelings on the rocky bottom, the actual basics indicate that ETH is still the backbone of the area. Where does this leave us?
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Although no gathering is guaranteed, ProjectW suggested that long -term ETHEREUM conditions are in line with potential growth. The analyst concluded with an invitation to Watch ETHEREUM progress closely In the coming weeks, while market participants are waiting for signs of a continuous upward trend.
A distinctive image created with Dall-E, the tradingView chart