#以太坊的未来

Is $1400 the bottom for ETH?

After experiencing 16 days of selling pressure, the price of ETH has surpassed $1700. This period of selling pressure was driven by macroeconomic uncertainty and a sharp decline in on-chain activity. Despite the rebound, ETH's performance still lags behind the overall altcoin market, with a year-to-date increase of 23% below the market average.

It is difficult to determine what triggered ETH's previous bull run, especially as narratives have shifted from utility tokens to the NFT market, artificial intelligence, meme coins, and more recently, RWA tokenization. While some influencers believe ETH will have strong upward momentum, others warn that ETH could drop another 15% compared to BTC's performance.

Historical evidence does not support a sustained increase in ETH prices, even if its market capitalization reaches a low relative to the broader altcoin market.