Ethereum (CRYPTO: ETH) has fallen roughly 35% over the past month, yet strong on-chain activity and high-profile holders speak to some bullish sentiment remaining..
| Cryptocurrency | Ticker | Price | Market Cap | 7-Day Trend |
| Ethereum | (CRYPTO: ETH) | $1,960.50 | $236.7 billion | +0.9% |
| Bitcoin | (CRYPTO: BTC) | $66,115.02 | $1.32 trillion | -1.5% |
| XRP | (CRYPTO: XRP) | $1.37 | $84 billion | -1.6% |
Trader Notes: Altcoin Sherpa said Ethereum could be forming a bottom if selling pressure continues to ease and network activity remains firm.
Historically, Bitcoin tends to lead early in a cycle, with Ethereum outperforming once capital rotates into altcoins.
He added that a sustained risk-on environment and Bitcoin stabilization would be key catalysts for Ethereum to reclaim relative strength.
Crypto trader Popeye noted Ethereum remains range …