After a remarkable bounce occurred earlier this month, Ether Leeum, the second largest digital asset, is increasing once again at a major price of $ 4,000. It is highly likely to witness major meetings, predicting that a popular person can do when Altcoin is looking for this level with his current optimistic propulsion. It is better than Bitcoin This cycle.
Ether Leeum's Galaxy CEO through Bitcoin
Bitcoin, a flagship asset, may have reached a new all -time high, seeing a significant upward performance, but some famous characters in the encryption market are betting more in Ethereum than BTC. Mike NovogratzGalaxy Digital's CEO expressed the optimism of ETH in the short term, anticipating major rally.
Long -term encryption advocates and billionaire made bold predictions, and Ether Leeum stated that he was actually shot in this cycle. but Bitcoin It is still the store of the most popular cryptocurrency value, and the ETH is excellent in performance due to the increasing ecosystem and technology development.
at interview In CBNC Squawk Box, Novogratz claims to be a big believer in ETH and BTC and has two major password assets. When asked what kind of coin to buy between the two, the investor expressed his confidence in ETH altcoin In the ongoing cycle, “Catch a lot”.
According to Novogratz, Ether Lee seems to have over $ 4,000 in resistance. Meanwhile, if Ether Lee accounts for a decisive $ 4,000, the investor believes that Altcoin can enter the price discovery stage, which will lead to a major rally.
Novogratz's strong interest and optimism Ether Leeum It is very powerful to rely on the stories that investors claim, but the market is very short. He also paid attention to the continuous adoption of ETH by major financial firms.
Currently, two major financial companies have accumulated Altcoin in large quantities, and another large financial company was able to join the race. The surge in institutional accumulation emphasizes wider changes. How to see Ether Leeum in a traditional market.
As these large companies purchase ETH in large quantities, available supply is rapidly built, which is mostly good for prices. Considering this supply contract, the billionaire believes that ETH is likely to surpass BTC for the next three to six months.
There is a risk of short -term correction
Even ETH seems to be preparing for a rallyMarket expert Crypto dan has warning The risk of short -term correction still remains citing the overheated market. But from a rather large point of view, the current level is too low compared to the futures market overheated in March 2024 and November 2024.
If correction occurs, the expert said it would probably be short and shallow. This represents a healthy fullback before major rally. Despite the upcycle ETH He hit the undervalued area and clarified the floor. This suggests that Altcoin may be promoted at much higher prices in the second half of 2025.
Istock's main image, TradingView.com chart
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