#ETHBreaksATH Ethereum breathes in the rhythm of the market: in moments of global volatility, the price fluctuates more, and the network observes capital flows, contract demand, and institutional interest rising⏫ or falling⏬.
📌In risk-on phases🚀, some investors see ETH as a highly volatile retail asset, seeking quick profits, while others reduce positions. In downturns, there is selling of risk assets and a search for liquidity, which can pressure the price downward.
Many observable aspects:
📌Supply and demand: The supply of ETH is relatively predictable via the issuance of new coins, but demand depends on its use as gas for applications on Ethereum and speculative interest.
📌Utility on the network: DeFi, NFTs, dApps, and updates (such as protocol changes) impact the perceived intrinsic value.
📌Macro events: uncertainties in the global economy, monetary policy, and regulation influence risk appetite and, consequently, ETH.
📌Risk sentiment: phases of high volatility tend to amplify short-term movements; over a longer horizon, technological adoption and network improvements can sustain growth.
Remembering that this post is not financial advice. Each one should make their best choice.😜