Ethereum’s key indicator shifts to ‘predominance’- Is an ETH rally incoming?
Ethereum is showing signs of market leadership, with a key indicator shifting to 'predominance', suggesting a potential rally. Record staking levels, with 47% of supply staked, indicate strong demand, particularly from institutions. However, renewed tariff escalations and a risk-off sentiment may hinder short-term recovery, keeping ETH below $3.3k. The Coinbase Premium Index's reversal adds to the uncertainty, as broader sentiment shifts are needed for a sustainable recovery.
Amb Crypto·