History Says Now Is a Good Time to Rotate Out of Bitcoin Into Lower-Cap Cryptos: 2 Best Picks
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, generally shows resiliency in the present market. At the time of writing, the ETH/USDT pair showed some upward move crossing $2,111 and approaching resistance near $2,550; some profit-taking was seen at those levels. However, if the price can hold above $2,111 on any retracement, it could form a strong foundation for its next leg higher.
A clear break above the $2,550 resistance area could enlarge the move all the way to $2,850. Holding the $2,111 level might, however, give way to a corrective pullback to the 20-day EMA. Market conditions favor cautious optimism, with all eyes on ETH to maintain its momentum.
Consistent yields and a broad landscape to foster growth make Ethereum a core asset for investors willing to take lower risks than those posed by Bitcoin. Its upward trajectory, despite resistance, reinforces its standing as a foundational layer for decentralized applications and smart contracts.