Ethereum (ETH) has fallen by 11.4%in the last 24 hours, reflecting a wider market crisis in which Bitcoins (BTC) have fallen by 8%, XRP by 13.6%and Solana (SOL) by 12.9%. Despite the Red Sea, a few leading votes – including CEO Cryptoquant Ki Juvenile Ju – calls for a more sanguine view of Eth.

Time for stubborn at Ethereum

Sharing your “stubborn thoughts on ETH” by X, Ki Juvenile JU he argued Despite the last Hack Bybit there was no “significant sales pressure”, indicating that both the data on the chain and the market remain neutral. “Sale of exchange takes time, and the relief of OTC barely affect the price,” he added.

He also emphasized the dominant participation of Ethereum in the market capitalization of Stablecoin-Currently about 56% and noticed how potential regulatory changes within the Trump administration, which apparently “mitigating cryptographic regulations” may stimulate the further reception of Stablecouins based on ETH and clever contracts in 2025 .

He has already referred to additional catalysts, reminding observers that ETF ETH “is already approved”, which suggests that “great capitalization of ETF Altsason” can be on the horizon for Ethereum. He added: “Blackrock Eth Spot ETF Holdings has increased by 124% in the last three months.”

Finally, he has already emphasized the growing accumulation of whales: addresses containing from 10,000 to 100,000 ETH increased their balances by 24% over the past year, and the current price “was approaching the basics of the cost of collecting addresses.”
However, he admitted that he was “surprised” by what he considers to be mostly bears on Crypto Twitter.

“WOW, CT [Crypto Twitter] The sentiment on ETH is extremely bear. Let me know if you have any analysis based on data to support your bears. It seems that most bears quoting the very price of the inheritance as a reason for sales. Very fascinating – he noted.

On his alternative X account – in the @kate_young_ju handle – he repeated that “whales are arranged by ETH”, pointing to the current basis for the costs of these accumulating addresses of around USD 2199, compared to the price of a meeting, which is close to USD 2,505.

It is no longer alone in questioning the narrative of the extermination market. Adrianoferia.eth (@Adrianheryeria), member of the ETH community, confirmed that “the market is in Shitter”, but called investors to focus on institutional and political signals at a high level favorable to Ethereum.

In particular, he quoted reports about the US president and the family buyers “hundreds of millions of ETH”, general director of Blackrock to tokenization (and own Blackrock experiment at Ethereum) and Bybit to buy vast amounts of ETH to buy ETH to buy ETH to buy ETH to buy ETH to buy vast ETH amounts to buy ETH to buy vast amounts ET. Cover Hack – power supply for greater demand.

Feria also mentioned that Ken Griffin, Citadel CEO, believes that Ethereum can replace Bitcoin. For this member of the community, the fact that “everyone on CT still take ETH shit” only strengthens the contradictory attitude.

A popular cryptographic analyst (@incomesharks) weighed himself by publishing a chart showing another “red terrifying candle”, but indicating the purchase zone above 2400 USD.

Meanwhile, Chris Burnis, a partner in the deputy VC, offered Historical perspective, reminding the followers of payments in the average cycle 2021: BTC has fallen by 56%, ETH 61%, SOL 67%and many other assets 70-80%. According to Burnis: “You can come up with all the reasons why this cycle is different, but the reset of the middle bull we go through is not unprecedented. People calling for an inflatable bear are wrong. “

During the press, ETH traded USD 2.382.

A distinguished painting created from Dall.e, chart from tradingview.com