From the bottom in March-April, it has already risen more than twice. Does this mean that it's too late to buy it, and one is left to repeatedly ask oneself the question, "Why am I such a fool that I didn't buy it either below 2K, or at least between 2 and 3K"?
Ethereum - the second after Bitcoin. And the first among altcoins. A large part of the cryptocurrency market infrastructure, DeFi industry relies on it, in 2024 it generated revenue of about $2 billion.
So this is a system-forming profitable business.
And how is this reflected in the price of ETH?
Even after doubling since April, ETH still hasn’t reached the ATH of 2021. It has about 30% more to grow, while Bitcoin started updating its ATH back in 2024.
In September-October 2022, for 1 BTC you could buy 10-11 Ethers. Now for 1 BTC you can buy 33 Ethers.
That is, Ethereum is still extremely lagging behind Bitcoin. And it is clear that this will not last long.
If anyone thinks that large corporate money went into Bitcoin and not into Ethereum, that's also not true. Many companies are entering specifically into Ethereum. Primarily, the very same BlackRock.
But not only.
Bit Digital raised the amount of Ethereum on its balance to 120K, and many other public companies are buying Ethereum for their balance.
What non-public companies are doing, we do not know. But according to a statement from one of the major crypto market makers, Wintermute, they are running out of Ethereum for sale.
And on exchanges, the supply of Ethereum is tending to a minimum.
Let's not forget that Ethereum has another interesting aspect. The higher the price of Ethereum - the higher the fees. The higher the fees - the more Ethereum is burned, and it becomes deflationary.
This creates a mechanism that promotes the price acceleration of the asset. Therefore (as well as due to lower capitalization), Ethereum always grows stronger than Bitcoin.
Currently, Bitcoin has doubled from its ATH-2021.
When Ethereum does the same, it will be worth more than 9K. The investment targets for it in this cycle are in the range of 9000-12000.
Therefore, buying Ethereum at 3500 is not too late. Right now (in the next few days), it can either immediately reach 4K and head towards ATH, or do so after a pullback to 3400-3300.
But when it reaches the target range (9000-12000), it won’t matter whether you bought it at 3300 or 3600. What will matter is whether you have Ethereum or not. And how much.
It's better to think about this now. Because with Ethereum around ATH, it will be less comfortable to do so.
"TAKEN FROM THE MAIN CRYPTO CHANNEL"
