Simon Dedic, founder of blockchain consulting and investment firm Moonrock Capital, shared insights on Ethereum’s recent market performance, highlighting that the cryptocurrency’s 10% pullback from its recent peak is a healthy market adjustment.
According to PANews, Dedic pointed out that Ethereum has tripled in value over the past three months, and he sees the current correction as a natural pause. A retest of the $4,000–$4,100 range followed by a strong rebound would, in his view, confirm the ongoing bullish trend.
Dedic also emphasized the importance of trading activity during upward movements. He noted that the more frequently Bitcoin, Ethereum, and other crypto assets change hands during rallies, the more sustainable the overall price growth becomes.
Despite minor fluctuations, Dedic encouraged investors to maintain confidence, stressing that the crypto market remains in a bullish phase. #ETHStakingExitWatch
