$ETH 🚨 Market in red… or preparing for the next hit? 🚨
📉 Current ETH price: ~$4,441 (–4 % intraday)
💥 Reasons for the drop:
PPI data in the U.S. higher than expected 📊
Validators releasing +760K ETH (~$3.6B) 💼
Profit-taking after the recent rally
⚡ The interesting part:
The ETH/BTC ratio is breaking upwards after more than a year… 👑
Analysts talk about a new cycle with ETH as the protagonist
Polymarket gives a 64 % probability of hitting $5K this month and 90 % chance of breaking the ATH
💬 Question for you:
Are you taking advantage of this market “offer” or waiting for the price to sink a bit more?
📌 Source: Reuters | 99Bitcoins | Economic Times | AInvest