Ethereum is pausing ahead of a possible new cycle
Ethereum hits a rough patch. It fell over 31% in one month. The second-biggest crypto by market size looks ready to stay flat. A top analyst says this quiet spell may drag on.
Superhero Ethereum hangs in a bold orange sky. Finger to lips. Energy held back. Crowd stares below. Thick, silent strain builds.
Key points
Pav Hundal from Swyftx predicts ETH stays steady for weeks. No fresh sparks on the horizon. October's $19 billion wipeout crushed trader trust. ETH/BTC pair climbed 3.58% in seven days. Keep eyes on that. Ether faces heat. But dangers already baked in. Pav Hundal, Swyftx senior analyst, called it first last Thursday to Cointelegraph. Ether has soaked up most near-term econ shocks and sector worries.
ETH could stay quiet for weeks. That would not shock me at all.
Iran tensions and US CLARITY Act progress sit in the price now. Market chewed that over. No big jump comes without a new push.
October's sell-off scars run deep. $19 billion fled in weeks. Trust sank to 2022 lows.
ETH sits 56.8% below its $4,687 October high.
Shopper mood gets overlooked
Pav Hundal flags a key miss in reports: buyer trust. No one talks about it much.
Traders hunt fresh cash flows. They skip retail fear.
Crypto Fear & Greed hit 13 Friday. Extreme fear rules. Small players hide out.
Big players buck the trend. BitMine Immersion Technologies, top ETH holder, added 45,759 ETH. Total now 4.37 million ETH. That's 3.62% of supply in play. Clear buy signal against the gloom.
Medium term brings tests for pros. Hundal tracks ETH/BTC up 3.58% in seven days. If ETH beats Bitcoin, sparks fly.
Ethereum gears up for Glamsterdam upgrade in early 2026 half. Better speed and ease ahead. Watch that spark.
Ether buys time. Tech base strengthens. Big money stacks up. Near risks fade. Still, no trigger means long stall. Stay patient. Stay alert.