Here’s what it says for bull run 2024–25.
Ethereum, the world’s second-largest cryptocurrency, has been experiencing a bit of a lull lately.
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While Bitcoin and other altcoins have surged, Ethereum (ETH) has taken a backseat, staying relatively quiet. But does this mean it’s out of the game? Far from it. In fact, Ethereum may just be gearing up for an impressive comeback, and we’re here to break down the reasons why.
Let’s dive into what’s been holding ETH back, what the technicals reveal, and why the fundamentals suggest it might soon wake up with a roar.
1. Bitcoin’s Dominance as a Safe-Haven Asset
Bitcoin has been stealing the limelight, especially during recent economic uncertainties. Like the popular kid at school, BTC has drawn the attention of both individual and institutional investors as a “digital gold” asset. When the market is shaky…