The current trends in the cryptocurrency market remind one of the period when Bitcoin reached its historical peak. At that time, a large influx of funds drove the price of Bitcoin to soar.
We are now witnessing Ethereum (ETH) becoming the focus of the market. As the price of ETH rises, investor enthusiasm may be ignited. In particular, large investors who exited the market around the $4000 mark may reconsider re-entering. If institutional investors and retail investors simultaneously start competing to buy, we could see a significant increase in the price of ETH.
Currently, funds seem to be co
View OriginalWe are now witnessing Ethereum (ETH) becoming the focus of the market. As the price of ETH rises, investor enthusiasm may be ignited. In particular, large investors who exited the market around the $4000 mark may reconsider re-entering. If institutional investors and retail investors simultaneously start competing to buy, we could see a significant increase in the price of ETH.
Currently, funds seem to be co