The Bold Prediction Angle
Ethereum's Unexpected Comeback? Top Trader Eugene Bets Big on ETH This Week!
Hold onto your hats, crypto enthusiasts! Despite vowing off Ethereum (ETH) in late 2024, prominent trader Eugene is making a dramatic shift, now predicting a "significant breakthrough" for ETH this week. What's behind this surprising change of heart?
After a brutal "nuclear explosion" in April 2025 saw ETH plummet from $4,000 to a shocking $1,300, many wrote it off. But Eugene highlights a crucial turning point: the capitulation of traders and major investors significantly lightened ETH's market positioning. This, coupled with ETHBTC hitting a multi-year low of 0.018, has set the stage for a new narrative.
Eugene now sees ETH as a foundational asset for mainstream institutions and traditional finance, especially for stablecoin investments. With over 90% of stablecoins hosted on ETH and its continued dominance in Total Value Locked (TVL), Eugene believes ETH is perfectly poised to capture the upcoming stablecoin surge, fueled by evolving U.S. regulatory developments. Figures like Tom Lee are already paving the way, convincing traditional finance of ETH's undeniable viability.
Could ETH finally catch up to Bitcoin (BTC)? Eugene thinks so. While an 85% surge to its historical high might seem ambitious, it would only bring ETHBTC to 0.044—comparable to September 2024 levels. And if BTC smashes past $110,000, history shows ETH rarely underperforms in a bull market.
Eugene has adjusted his portfolio, signaling strong conviction in ETH's medium to long-term investment value. Is this the turning point for Ethereum?
portfolio reflects his strong belief in ETH's medium to long-term investment value. Is this the beginning of a new era for Ethereum?