ETH sentiment feels split right now

[TalkLiz00]

Looking at today’s chart on Ethereum, the market feels divided. Some are eyeing $6K if ETF inflows continue to build, while others warn of a pullback toward $4.2K with leverage piling up. Institutions seem to be accumulating, but whale selling is keeping things a bit bearish feels like a real tug of war.

There are side plays popping up across chains like launchpads and AMMs on Solana but ETH still feels like the main scene of attraction rn.

Do you think Ethereum holds strong here, or are we setting up for another shakeout before the next run ? 

[lifeisnoteazy]

Fr ETH doesn't have that power to touch 6K from the view of things, Ethereum really is the project to watch here. The tug of war you’re describing isn’t new for ETH it’s been the backbone of crypto cycles because institutions, builders, and retail all converge on it. ETF inflows are a big deal because they shift ETH from just being a "network token" to an institutional-grade asset. btw there's this project called LIGHT just listed on cex including bingx which deals with launchpads and AMMs on Solana. that particular project has me some interest in the utility 

[passwordnow]

Looking at today’s chart on Ethereum, the market feels divided. Some are eyeing $6K if ETF inflows continue to build, while others warn of a pullback toward $4.2K with leverage piling up. Institutions seem to be accumulating, but whale selling is keeping things a bit bearish feels like a real tug of war.

There are side plays popping up across chains like launchpads and AMMs on Solana but ETH still feels like the main scene of attraction rn.

Do you think Ethereum holds strong here, or are we setting up for another shakeout before the next run ? 

That is normal, we can't expect ETH to go up for as high as it can. The market is a bit bearish currently but looking at the zooming out chart, is it really bearish? but if we are going to conclude it, this is just a correction that has to happen. Still, if you are shaken out of what's happening to it. It's because that the first move was done by bitcoin and from the $120k+ mark, it's now down by almost 10% and it's likely to go down for more. But are we going to be disappointed with that? maybe but, those who haven't accumulated a lot yet, you should keep an eye to the market.

[Josefjix]

Looking at today’s chart on Ethereum, the market feels divided. Some are eyeing $6K if ETF inflows continue to build, while others warn of a pullback toward $4.2K with leverage piling up. Institutions seem to be accumulating, but whale selling is keeping things a bit bearish feels like a real tug of war.

There are side plays popping up across chains like launchpads and AMMs on Solana but ETH still feels like the main scene of attraction rn.

Do you think Ethereum holds strong here, or are we setting up for another shakeout before the next run? 

It's really surprising to see a major shift in eth flow lately and to be frank,  the season for eth is at the corner, maybe it'll be shifting to another next altcoin. Despite the positive actions the price of Bitcoin had made couple of months ago, altcoin hasn't shown any sign of upliftment but eth is breaking out the cage gradually, the previous eth ATH was 4.8k but I reaches 4.7k last few days.

I can't conclude now, but the bull season for alts is emerging, starting with eth then through many popular cryptos and then voom, everywhere.

[Bournesparks]

Looking at today’s chart on Ethereum, the market feels divided. Some are eyeing $6K if ETF inflows continue to build, while others warn of a pullback toward $4.2K with leverage piling up. Institutions seem to be accumulating, but whale selling is keeping things a bit bearish feels like a real tug of war.

There are side plays popping up across chains like launchpads and AMMs on Solana but ETH still feels like the main scene of attraction rn.

Do you think Ethereum holds strong here, or are we setting up for another shakeout before the next run ? 

I've set a buy order around 3900 FOR eth to take advantage of this 50% off buy offer on Bitget, BUY 1 ETH, GET 1 FREE and I think we'll see higher highs up to around 6k if I'm not mistaken but let's see. Sentiments is good, institutions are backing ETH and there's also hype and fomo.. but stay safe.

[el kaka22]

The market is down, so is ETH of course. I mean it's still over 4k which is a great place to be for it and I think it's going to be great for a while longer. And this drop is a temporary one so I am not expecting it to be that bad, I think it can be a good one so we should not really expect it to be that bad.

I understand that it is not going to be that much of a good deal for any coin to drop right now on the bull period, but it is the truth we are in and all projects are down right now. So, there is nothing about ETH that makes it low at the moment, it's still over 4k at the time even with bear market so that is a good thing. When the prices recover and do better, then we are going to see it do better all together as well, including ETH.

[DeathAngel]

I think sentiment is rock bottom. People are panicking all over social media & on forums. I actually think that means we could be at or near the bottom of this dip. Maybe a period of consolidation now before the last, most profitable final leg of this bull market in Q4.

[Mrbluntzy]

I don't see it that etha will continue to push up right now that price is still experiencing the pull back, it could even plunge to $4k from my analysis but that could also change depending if there's any positive something that comes up but before the bull market finally wears off, I am thinking that it might reach the $6k that most of us has speculated about.

[jackpotmaster]

Realistically who from normal people that are well informed on ETH wants to buy ETH? Why would they? It is a centralized crypto that does not have even 1 better feature than other similarly centralized crypto. Most of the recent price movements were a few big treasuries and manipulation, nothing else. I have never met a single smart person who wants this coin.

[Ndabagi01]

I don't see it that etha will continue to push up right now that price is still experiencing the pull back, it could even plunge to $4k from my analysis but that could also change depending if there's any positive something that comes up but before the bull market finally wears off, I am thinking that it might reach the $6k that most of us has speculated about.

Ethereum has been performing quite well and I feel it is going to make a lot of waves in this last Q4 of the year. It seems to be following same direction as Bitcoin and basically, the altcoin season is always accompanied by a massive drop in Bitcoin, where investors move their funds from Bitcoin to altcoins. A lot of expectations are expected from cryptocurrency in the last quarter of the year, the price which Ethereum will be getting to in this last quarter of the year is still unpredictable, it depends on how the market will perform in the remaining part of the year.

[Odusko]

Looking at today’s chart on Ethereum, the market feels divided. Some are eyeing $6K if ETF inflows continue to build, while others warn of a pullback toward $4.2K with leverage piling up. Institutions seem to be accumulating, but whale selling is keeping things a bit bearish feels like a real tug of war.

There are side plays popping up across chains like launchpads and AMMs on Solana but ETH still feels like the main scene of attraction rn.

Do you think Ethereum holds strong here, or are we setting up for another shakeout before the next run ? 

For me ethereum have hard it best days in the last two weeks, and right about now we may likely see a major decline or much resistance level that keep the price below 4500k this is because the pull back is targeted at a two weeks benchmark but since ethereum avaliable liquidity is able to survive the market this far, the pull back wont be a major one but yet we shouldn't expect Ethereum to achieve that 5k benchmark predicated.

[JeffBrad12]

Fr ETH doesn't have that power to touch 6K from the view of things, Ethereum really is the project to watch here.

The rally is too prolonged from literally $1400 all the way to $4500 I think it's already such a long running bullrun that eventually people want to cash out, prominently the one that already bought from the very bottom. No wonder sentiment is split, it's not breaking ATH yet but on the other side people are already doing 3x right now.
Need to observe price action more to see whether buying pressure is still strong post bearish whale sell off that happened recently.

[Dave1]

Looking at today’s chart on Ethereum, the market feels divided. Some are eyeing $6K if ETF inflows continue to build, while others warn of a pullback toward $4.2K with leverage piling up. Institutions seem to be accumulating, but whale selling is keeping things a bit bearish feels like a real tug of war.

And that is the main reason why people saying that there are no altcoin season because of what we have seen in ETH. Even though there are money flowing in them like for the ETF, it is way below it's previous all time high.

There are side plays popping up across chains like launchpads and AMMs on Solana but ETH still feels like the main scene of attraction rn.

If ETH is still the main attraction, so why is it not reaching all time high? While SOL has reaches it's high this year alone.

Do you think Ethereum holds strong here, or are we setting up for another shakeout before the next run ? 

It's very hard to see where ETH is going, we can only hope that it will still leads the altcoin market in the last quarter or at least give it's investor a good all time high before the end of the year. And it should be around $6k to at least give it's investors some good profits in this cycle. Otherwise, it might lose it's value and other altcoin might turn over like SOL and TRX or BNB.

[TalkLiz00]

Looking at today’s chart on Ethereum, the market feels divided. Some are eyeing $6K if ETF inflows continue to build, while others warn of a pullback toward $4.2K with leverage piling up. Institutions seem to be accumulating, but whale selling is keeping things a bit bearish feels like a real tug of war.

There are side plays popping up across chains like launchpads and AMMs on Solana but ETH still feels like the main scene of attraction rn.

Do you think Ethereum holds strong here, or are we setting up for another shakeout before the next run ? 

That is normal, we can't expect ETH to go up for as high as it can. The market is a bit bearish currently but looking at the zooming out chart, is it really bearish? but if we are going to conclude it, this is just a correction that has to happen. Still, if you are shaken out of what's happening to it. It's because that the first move was done by bitcoin and from the $120k+ mark, it's now down by almost 10% and it's likely to go down for more. But are we going to be disappointed with that? maybe but, those who haven't accumulated a lot yet, you should keep an eye to the market.

True, ETH moves slower when BTC sets the pace. But I’m noticing side projects like Light building during this phase too. Not saying it will moon, but it’s interesting to keep smaller plays working in the background

[JamesDaniel90]

Just hold, ETH could crash if the meeting today Jerome Powell is bearish or it could hit all time high by middle of next week if its bullish, none of us knows for sure what is going to happen in the near future.

We do know however that the last quarter of the year is typically very good for crypto so there is a high chance ETH will hit at least $7k, so just hold few more months.

[jackpotmaster]

There are side plays popping up across chains like launchpads and AMMs on Solana but ETH still feels like the main scene of attraction rn.

If ETH is still the main attraction, so why is it not reaching all time high? While SOL has reaches it's high this year alone.

It is not, it is a lie that is being repeated by bagholders. ETH is irrelevant, all its benefits derive solely from first mover advantage and its network effects. Other than that it is complete shit, both L1 and L2.

[Odusko]

Looking at today’s chart on Ethereum, the market feels divided. Some are eyeing $6K if ETF inflows continue to build, while others warn of a pullback toward $4.2K with leverage piling up. Institutions seem to be accumulating, but whale selling is keeping things a bit bearish feels like a real tug of war.

There are side plays popping up across chains like launchpads and AMMs on Solana but ETH still feels like the main scene of attraction rn.

Do you think Ethereum holds strong here, or are we setting up for another shakeout before the next run ? 

Sure I expect Ethereum to drop to around $3k at max for now, this is when the last leg of the discounted price will be before another all time high happens again, but that correction will take a lot of time considering Ethereum current market trends all things are set but nonetheless we can't tell the exact direction that Ethereum will take from here on