🪙 Let’s Talk About $ETH

From the current perspective, Ethereum (ETH) appears to be following a predictable path. For any significant upward momentum, a breakout above $4,100 is required. At the moment, the price is trading within a narrowing range of $2,400–$3,700. However, at these levels, ETH doesn't seem particularly appealing for buyers.

Purchasing Ethereum above $1,000 per coin seems impractical. The potential returns of such a heavy asset are limited to a range of 2x–3x from current levels. Given this, the question arises: why choose ETH when alternatives with growth potential of 6x–20x over the next 3–12 months are available?

It’s crucial to understand that the optimal entry points for Ethereum have already passed. At this stage, investors should focus on undervalued assets rather than coins that every grandma and self-proclaimed crypto guru is hyping up.

In an optimistic scenario, ETH might reach the $6,000–$9,000 range. However, considering the current market dynamics, the spotlight should be on more promising opportunities. 🪬 Good luck!

This is our analyst's opinion, do you agree with it? As always, we are waiting for your thoughts in the Chat 💭