$ETH 🤑 Ethereum Bounces Back as Market Dominance Recovers from All-Time Low

Ethereum's price has surged 15% in just 24 hours, reclaiming its market dominance after hitting record lows.

🟡 Ethereum's Bounce: ETH jumped to $1,800 on April 23, outperforming Bitcoin and the wider crypto market. This recovery marks a 30% surge from its recent crash to $1,400, signaling a potential end to its downturn.

🟡 Market Sentiment: ETH’s rise is also attributed to Bitcoin's momentum and overall market sentiment, boosted by the confirmation of Paul Atkins as SEC chair.

🟡 Fundamental Catalysts: Ethereum was oversold on both daily and weekly charts, setting up the perfect conditions for a rebound. Upcoming upgrades to Ethereum’s mainnet are also seen as a key catalyst.

Will ETH Continue its Rise?

👍🏻 — Yes, it’s just the beginning!

🔥 — No, I’m staying cautious.