#ETH Trend Watch

Hey guys, let's see what's happening on the ETH side:

Current Status
• Ethereum recently reached a historic peak of around 4,955 USD but is currently stabilizing around ~4,630 USD.
• In a sudden sale within 24 hours, a large sale of 24,000 BTC in Bitcoin led to a sharp pullback in dollars.
• While Bitcoin generally maintains its primary momentum, Ethereum shows a decline of around 0.3%.
• The ETH/BTC ratio has shown a significant increase of approximately %130 in the recent period (. In the past, similar increases have often gone parallel with rises in stocks… but sometimes also triggered major corrections. Experts emphasize that caution is necessary at this point.

Long-Term Perspective & Expectations
• Institutional investor interest remains strong: Large funds have made significant investments in Ethereum, and ETH has outperformed Bitcoin in terms of performance this year.
• Some analysts suggest that ETH could reach the 7,000 USD level by the end of the year. Factors supporting this prediction include: institutional purchases, the stablecoin ecosystem, ETF expectations, and regulatory support. However, resistance and support levels are also critical.

Market Sentiment
• In short; the market has a cautiously positive outlook. While ETH is more aggressive in daily performance compared to Bitcoin, sudden sell-offs, resistance levels, and the impact of the macro climate are inevitably felt.