Analysis: Ethereum's momentum for compensatory gains is accumulating, and a real breakthrough may be coming
On June 11, Cointelegraph reported that Ethereum has rebounded 89% from its low of $1,472 on April 9 to around $2,800. Ethereum's institutional holdings have continued to increase since the Pectra upgrade, but on-chain activities have not yet heated up simultaneously. Santiment analyst Brian Quinlivan said, "Market attention is shifting from BTC to ETH, and compensatory momentum is accumulating. When retail investors become anxious because of Ethereum's repeated failures to rise, the real breakthrough may come."
