đ Is $ETH Entering Its Own BTC-Style Super Cycle? đ¤đ
Some analysts believe Ethereum may be repeating Bitcoinâs historic super-cycle, just like when BTC went from ~$1,000 in 2017 to 100x+ later. đłđĽ$ETH
ETH has been underperforming BTC, but volatility and on-chain signals look similar to Bitcoinâs past major drawdowns. Long-term holdersâ cost basis is near current price, meaning ETH is sitting on strong support. đĄď¸đ
â ď¸ Key Level:
If $2,900 breaks, ETH could drop 20â30% toward $2,000.
If it holds, this could be a bullish setup for a bigger move. đđĽ
Iâm personally staying hedged and watching for both long/short setups. More updates soon! âĄ
đ Do YOU think ETH will repeat Bitcoinâs historic growth? Comment below! đđĽ
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