Looking at today’s chart on Ethereum, the market feels divided. Some are eyeing $6K if ETF inflows continue to build, while others warn of a pullback toward $4.2K with leverage piling up. Institutions seem to be accumulating, but whale selling is keeping things a bit bearish feels like a real tug of war.
There are side plays popping up across chains like launchpads and AMMs on Solana but ETH still feels like the main scene of attraction rn.
Do you think Ethereum holds strong here, or are we setting up for another shakeout before the next run ?
Sure I expect Ethereum to drop to around $3k at max for now, this is when the last leg of the discounted price will be before another all time high happens again, but that correction will take a lot of time considering Ethereum current market trends all things are set but nonetheless we can't tell the exact direction that Ethereum will take from here on