Ether (ETH) is set to influence the future trajectory of the cryptocurrency market, especially following Bitcoin's (BTC) recent price movements. Bitcoin has seen a stable bull market for 1,023 days, potentially on the verge of its longest bull run yet. If ETH follows a similar pattern, it could reach a new all-time high as early as Halloween, indicating its own extended bull market. However, current cycle returns for ETH are significantly lagging behind its prior bull markets, possibly due to competition from projects like Solana. The analysis suggests that for ETH to effectively set the market's tempo, it must swiftly catch up in returns compared to BTC. Overall, ETH's performance is critical for the broader crypto ecosystem as it could dictate market trends for the upcoming year or more.

Source 🔗