What really happens? Analyst weighs u

The Ethereum performance laged behind the wider cryptocurrency market in recent months, and the property has failed to use Bullish’s momentum recently seen in the market.

While Bitcoin repeatedly reached new top -notch peaks, Ethereum struggled to break through $ 4,000 and remains significantly below his 2021. The climax of $ 4,800.

In the midst of this slow recovery, the crypto analyst known as Projectw shared insights into the potential to restore Ethereum, urging investors to consider the long -term image.

In detailed publish On X, Projectw pointed out several factors that could launch the next breakthrough of Ethereum. The analyst emphasized the years of Ethereum accumulation in a wide trading range, suggesting that such prolonged consolidation often precedes significant prices extensions.

Despite the negative sense of Ethereum and the narrative that favors other networks like Solana, Projectw emphasized that Ethereum’s long -term trend remains intact.

Possible to test the SUB-3000 range could serve as a catalyst, providing the liquidity needed to push Ethereum past $ 4000 and set a wider recovery stage.

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ETH/BTC Performance and Outlook

The key point of the ProjectW analysis is Ethereum’s permanent effects against bitcoin. So far, Ethereum has struggled to reconcile Bitcoin gains during market sets and has often faced steep falls during the market corrections.

This trend is reflected in the ETH/BTC trade steam, which remains in a bear structure on a higher time frame. However, the analyst identified a potential reversal zone about $ 2700 for Ethereum, which could match the structural shift if ETH/BTC stabilized at these levels.

Great Return of Ethereum: an impartial assessment

“Ethereum is dead. Solana stole the show.”

You probably heard that it lasts a hundred times.

The feelings around the ETH have never been worse.

Yet, but, but let’s reject emotions and narratives-aethereum’s long-term … pic.twitter.com/ipkxvuxbnj

– Projectw (@Fitforcrypto_) 29 January 2025

The analyst also touched the role of market manufacturer and institutional players in the design of the Ethereum price. According to ProjectW, the recent negative coverage of Ethereum – from concern about the concern about the Ethereum Foundation to repeated comparison with Bitcoin – cannot be accidentally.

Instead, this could be a deliberate effort of the main participants in the market to accumulate Ethereum at lower prices, which is observed in past market cycles.

The involvement of institutional players, such as Trump’s World Liberty Financial, allegedly gained significant amounts of Ethereum, adds another layer of complex market dynamics. The analyst wrote:

We know how this game works. Mm – they move the price where they want – especially in areas with high liquidity. And how do they do it? Media narratives. Recently, we saw the aggressive pressure of ETH FUD in great publications. – The Ethereum Foundation, which is called into question – an eth -slight measure against BTC who is highlighted everywhere is it really a coincidence? Or is it the same old SM book? Floor FUD market → Retail panic is sold at the bottom → institutions accumulate.

Ethereum’s fundamental forces and future prospects

Despite its recent inefficiency, the analyst claimed that the basic basis of the Ethereum remained strong. Projectw wrote:

Despite all the noise, Ethereum is still the most important network of a smart contract. – The deepest liquidity in definition – the greatest security and decentralization – has the strongest developer ecosystem, while feelings at the bottom of the rocks, the real basis suggest that ETH is still the backbone of the space. So where does that leave us?

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Although it was not guaranteed not to guarantee, Projectw suggested that the long -term conditions of Ethereum be aligned for potential growth. The analyst concluded with an invitation to closely monitor the progress of Ethereum in the coming weeks, as the market participants are waiting for signs of a permanent trend.

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