"Ethereum, Low Trading Volume Among Individual Investors... Potential for Increase Exists"

Source
Son Min

Summary

  • Burakkesmeci stated that Ethereum's upward rally is in its early stages and that individual investors have not fully entered the market.
  • Interest in Ethereum among individual investors surged last December, but trading decreased due to tariff impacts.
  • Despite Bitcoin reaching an all-time high, there is still potential for Ethereum to increase.

There is a claim that Ethereum (ETH)'s upward rally may still be in its early stages.

On the 26th (local time), Burakkesmeci, a contributor to CryptoQuant, stated in a report, "Historically, whenever Ethereum reached a peak, the trading volume of individual investors surged," adding, "Individual investors in Ethereum have not yet fully entered the market. The upward rally may still be in its early stages."

Additionally, Burakkesmeci explained, "Interest in Ethereum (green dots on the chart) temporarily surged around December last year, but individual trading significantly decreased due to tariff impacts." He further evaluated, "Despite Bitcoin (BTC) reaching an all-time high, Ethereum did not perform well," and "there is still ample potential for an increase due to the influx of individual investors."

As of 7:08 PM, Ethereum is trading at $2,564 on the Binance USDT market, up 2.71% from 24 hours ago.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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