🔍 Ethereum's Road to $800? The Case Grows Stronger
The probability of Ethereum ($ETH) retesting the $800 level is becoming increasingly realistic, especially when viewed in the broader macro and crypto market context. This isn’t a call driven by fear—it’s a technical and fundamental observation tied to market cycles, liquidity shifts, and capital rotation.
Here's why this scenario is gaining momentum: the ETH/BTC trading pair is showing consistent weakness, suggesting that Ethereum and many altcoins may continue to lose value relative to Bitcoin. Historically, this pairing has been a reliable indicator for the broader altcoin cycle—and it's not flashing bullish signs yet. Until a clear bottom forms on this ratio, altcoins may continue to bleed.
Adding to the macroeconomic pressure, there are signs that the U.S. Federal Reserve may soon conclude its Quantitative Tightening (QT) program. However, before that shift occurs, risk assets—including crypto—could face another wave of downside. This final shakeout could be necessary to reset valuations and lay the groundwork for the next major accumulation phase.
For now, it may be wise to avoid chasing short-term rotations or chasing temporary green candles. Patience is key. Preserving capital and waiting for genuine strength in the ETH/BTC ratio—or broader trend reversals—may prove more valuable than being active during heightened volatility. Sometimes, doing nothing is the most profitable strategy.
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