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2nd Bull Run for Ethereum has Started: It Could be More Intense Than the First One! - Coin Bulletin
CryptoQuant analyst Crypto Sunmoon emphasized that Ethereum's second bull run has started and, as in previous cycles, the price could reach new highs.
According to data shared by the analyst with the nickname 'Crypto Sunmoon' from on-chain analysis platform CryptoQuant, a new bull run for Ethereum may have officially begun.
When looking at past cryptocurrency market cycles, it is generally observed that Ethereum has experienced two major bull runs. In these cycles, the second bull run has consistently managed to significantly surpass the price levels achieved in the first bull run.
Experts are noting that Ethereum could demonstrate a similar performance in this cycle and offer new opportunities for investors. Especially with the increasing institutional interest and the impact of updates on the network, it seems possible for the Ethereum price to reach historical highs again.
Market experts suggest that investors should proceed with caution and closely monitor market dynamics during such periods. Ethereum's price movements and on-chain data can provide important clues about the overall direction of the cryptocurrency market in the coming period.