Ethereum

Millions

Bitcoin

Show

Cosmos

<p>In recent weeks, Ethereum (ETH) has decisively outperformed both Bitcoin and the broader crypto market. With key resistance levels now surpassed, swing traders have set sights on a run toward the psychological $3,500 mark. And some analysts believe ETH may lead a new altcoin bull market reminiscent of past cycles.</p>
<h2 class="wp-block-heading" id="strong-funding-metrics-position-eth-for-breakout-strong"><strong>Funding Metrics Position ETH for Breakout</strong></h2>
<p>Veteran macrotrader Mac <a href="https://twitter.com/MacnBTC/status/1759479192922550503" target="_blank" rel="noopener noreferrer nofollow">spots</a> favorable conditions for Ethereum to extend its strong 2024 start.&nbsp; With ETH looking to consolidate constructively above $3,000 support, Mac anticipates upside targets around $3,500 will come into play next.&nbsp;<strong>“ETH will likely outrun BTC this week,</strong>” said Mac.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="715" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-748-1024x715.png" alt="" class="wp-image-441101" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-748-1024x715.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-748-300x209.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-748-768x536.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-748-1536x1073.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-748-2048x1430.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-748-215x150.png 215w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-748-100x70.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-748-501x350.png 501w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-748-788x550.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="strong-entry-point-for-ride-to-3-500-strong"><strong>Entry Point for Ride to $3,500</strong></h2>
<p>Echoing the bullish outlook, analyst Credibull Crypto <a href="https://twitter.com/CredibleCrypto/status/1759849376325767244" target="_blank" rel="noopener noreferrer nofollow">believes</a> ETH buyers missed an optimal entry and a dip. With ETH trending back above $3,000 already, he now watches for a minor pullback to scoop up exposure for an eventual ride to $3,500.</p>
<p>Credibull expects Bitcoin will follow Ethereum’s charge, bouncing from its own support to reach $60,000 next. With crypto’s market leaders aligned constructively, the tide should lift prices broadly across altcoins as well, in his view.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="535" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-749-1024x535.png" alt="" class="wp-image-441109" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-749-1024x535.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-749-300x157.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-749-768x401.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-749-1536x803.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-749-2048x1070.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-749-287x150.png 287w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-749-100x52.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-749-670x350.png 670w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-749-788x411.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="strong-altcoin-breakout-mirrors-2016-and-2020-strong"><strong>Altcoin Breakout Mirrors 2016 and 2020</strong></h2>
<p>Analyzing altcoin positioning, analyst Moustache notes altcoins cleared multi-year downtrend resistance in their race. With that hurdle now serving as support, the same bullish pattern emerged in past bear market bottoms during 2016 and 2020.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>Both occasions marked the start of historic altcoin runs – fueled by ETH leading the charge higher. Moustache contends altcoins now sit poised for similar surges after an extended crypto winter thaws.&nbsp;</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="524" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-750-1024x524.png" alt="" class="wp-image-441117" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-750-1024x524.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-750-300x154.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-750-768x393.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-750-1536x786.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-750-2048x1048.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-750-293x150.png 293w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-750-100x51.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-750-684x350.png 684w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-750-788x403.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><strong>Sentiment</strong> trends still require confirmation before conclusively calling a new bull market. But among crypto’s standout layer 1 blockchain leaders, Ethereum offers a clear barometer on when capital flows turn decisive to the upside.</p>
<p>With so much ecosystem maturation occurring during the lean last few years, the utility base now waits in the wings if traders regain conviction. Ether’s resilience could prove the first domino in sequence – with its own historic boom then igniting altcoins broadly back into vogue.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/kaspas-kas-token-soars-to-new-heights-surpassing-cosmos-atom-and-theta-tao/" target="_blank" rel="noopener noreferrer nofollow">Kaspa’s KAS Token Soars to New Heights, Surpassing Cosmos (ATOM) and Theta (TAO)</a></li>
 <li><a href="https://captainaltcoin.com/filecoin-fil-eyes-tripling-to-25-as-technicals-turn-bullish-and-solana-partnership-catalyzes-growth/" target="_blank" rel="noopener noreferrer nofollow">Filecoin (FIL) Eyes Tripling to $25 as Technicals Turn Bullish and Solana Partnership Catalyzes Growth</a></li>
 <li><a href="https://captainaltcoin.com/the-5-best-altcoins-to-watch-in-february-2024-which-altcoin-will-explode-in-2024/" target="_blank" rel="noopener noreferrer nofollow">The 5 Best Altcoins to Watch in February 2024: Which Altcoin Will Explode in 2024?</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/ethereum-will-likely-outrun-bitcoin-btc-this-week-analyst-forecasts-next-leg-up-for-eth/" rel="noopener noreferrer nofollow">‘Ethereum Will Likely Outrun Bitcoin (BTC) This Week’, Analyst Forecasts Next Leg Up for ETH</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

‘Ethereum Will Likely Outrun Bitcoin (BTC) This Week’, Analyst Forecasts Next Leg Up for ETH

목차

CaptainAltcoin

2024년 2월 20일에 게재된 다른 기사

Analyst backs Worldcoin price to hit $26 in 2024, new altcoin poised for more gains

Plume Network Announces Key Projects to Reinvent Real-World Asset Tokenization (20 Feb)

MetaMask integrates Blockaid security alerts into platform

Ethereum’s Market Outlook and Price Predictions

Understanding the Future of Digital Land Ownership

Trending Pushd (PUSHD) e-commerce platform gains more Ethereum (ETH) & Dogecoin (DOGE) holders as...

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!