Is Ethereum Quietly Building Momentum for a Rally? Analysts Weigh In

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Is Ethereum Quietly Building Momentum for a Rally? Analysts Weigh In - NewsBTC

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From a long-term perspective, ETH continues to move off of exchanges and into cold wallets at a shocking pace, with just 6.38% of the… pic.twitter.com/4MTJgpOLDT — Santiment (@santimentfeed) February 17, 2025 Having underperformed compared to other large-cap assets throughout 2024, Ethereum is now drawing attention as market participants begin anticipating a rebound when broader market conditions improve.

Related Reading: Ethereum Forms A Bullish Pattern – Expert Reveals Short-Term Price Target Quiet Moves Behind The Scenes Santiment, a well-regarded market intelligence platform has recently highlighted this price performance from ETH on X, noting that Ethereum has outpaced many altcoins at the start of the week.

Santiment also revealed that renewed interest from the ETH community appears to be another factor behind this momentum.📈 Ethereum has shown mild signs of a rebound, currently back up to a market value of $2,745 and outpacing most altcoins to start the week.