Right here’s what it says for bull run 2024–25.
Ethereum, the world’s second-largest cryptocurrency, has been experiencing a little bit of a lull currently.
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Whereas Bitcoin and different altcoins have surged, Ethereum (ETH) has taken a backseat, staying comparatively quiet. However does this imply it’s out of the sport? Removed from it. In truth, Ethereum could be gearing up for a formidable comeback, and we’re right here to interrupt down the the reason why.
Let’s dive into what’s been holding ETH again, what the technicals reveal, and why the basics counsel it’d quickly get up with a roar.
1. Bitcoin’s Dominance as a Protected-Haven Asset
Bitcoin has been stealing the limelight, particularly throughout latest financial uncertainties. Like the favored child in school, BTC has drawn the eye of each particular person and institutional buyers as a “digital gold” asset. When the market is shaky…
