Ethereum Pauses Before a New Cycle Starts
Ethereum hits a quiet spell. It dropped over 31% in one month. The second-biggest crypto looks ready to stay flat. A top analyst says this break could go on.
Heroic Ethereum hangs in an orange sky. It holds a finger to its lips. Power stays bottled up. A crowd stares in thick silence.
Key points
- Pav Hundal at Swyftx says ETH stays steady soon. No fresh sparks will change that.
- October saw $19 billion wiped out. That crushed investor trust.
- ETH beats BTC by 3.58% in seven days. Keep eyes on that.
- Ether faces heat. But the big risks sit in the price now.
Pav Hundal, Swyftx senior analyst, spoke first last Thursday to Cointelegraph. Ether has baked in short-term economic and market shocks, he said.
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"It would not shock me if ETH stays calm for weeks," he said straight.
Iran tensions and US CLARITY Act news show in the price. The market took it all in. No new push means no big jump.
October sell-offs hit hard. $19 billion fled in weeks. Trust fell to 2022 lows.
Hundal spots a gap. Few talk about buyer trust. "That's the big problem for me," he says.
Too many chase fresh cash flows. They miss how everyday traders feel.
The Crypto Fear & Greed score hit 13 on Friday. Extreme fear rules. Small traders play safe.
Big players act different. BitMine Immersion Technologies, top ETH holder, bought 45,759 more ETH. Now it owns 4.37 million ETH. That's 3.62% of all in play. Clear buy signal against the mood.
Medium term looks rough. It will test top traders. Hundal watches ETH/BTC. Up 3.58% in seven days. If ETH tops BTC, big moves come fast.
Ethereum gears up for Glamsterdam update. Due first half of 2026. It boosts speed and ease for users. One to watch.
Ether buys time now. Core tech gets better. Big money stacks up. Near risks fade. No spark means the flat spell drags. Stay patient. Watch close.