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asaph1
ยท
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Watch out for Ethereum: The crypto that is going from confidence to euphoria. ๐
Hey, you! What do you think is happening with the crypto that just keeps rising? Who said that Ethereum had reached its limit? ๐ค
Will we see a price of USD 20K for ETH? ๐
Hold on to this! If you thought that Ether (ETH) had already reached the sky, hold tight, because experts say we're only just in the "confidence" phase. This is no fairy tale; the on-chain data is shouting it out. Imagine that the price of ETH has skyrocketed over 240% since April, it's crazy! ๐
Analysts are seeing similarities with the bullish cycles of 2017 and 2021, but with a big difference: we haven't reached "euphoria" yet, that moment of pure celebration when everyone jumps on the bandwagon. ๐ฅณ They measure this with something called NUPL, which in plain English means that those who have held ETH for a long time are already seeing profits, but not extreme enough to start selling like crazy. This indicates that the surge has more fuel in the tank.
Will we see a price of USD 20K for ETH? ๐
Hold on to this! If you thought that Ether (ETH) had already reached the sky, hold tight, because experts say we're only just in the "confidence" phase. This is no fairy tale; the on-chain data is shouting it out. Imagine that the price of ETH has skyrocketed over 240% since April, it's crazy! ๐
Analysts are seeing similarities with the bullish cycles of 2017 and 2021, but with a big difference: we haven't reached "euphoria" yet, that moment of pure celebration when everyone jumps on the bandwagon. ๐ฅณ They measure this with something called NUPL, which in plain English means that those who have held ETH for a long time are already seeing profits, but not extreme enough to start selling like crazy. This indicates that the surge has more fuel in the tank.
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