#EthereumFuture Ethereum Tries to Recover After Capitulation, But $2,000 Remains Unlikely

Ethereum has recently shown an attempt to recover from the significant losses it sustained toward the end of March. The altcoin, often considered the leader in the smart contract space, is currently trading at $1,800.

Ethereum’s recovery hinges on investor confidence, with those holding onto their assets being the key to avoiding another sell-off. If more STHs choose to HODL instead of selling, Ethereum could see sustained upward momentum in the coming weeks.