{"id":10425,"date":"2025-01-30T06:31:45","date_gmt":"2025-01-30T06:31:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10425"},"modified":"2025-01-30T06:31:45","modified_gmt":"2025-01-30T06:31:45","slug":"5-reasons-to-be-bullish-on-ethereum-eth-despite-january-drop","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10425","title":{"rendered":"5 Reasons to Be Bullish on Ethereum (ETH) Despite January Drop"},"content":{"rendered":"<div>\n<p>\u201cWe are not bulled up enough about Ethereum,\u201d said former UBS bond trader and Etherealize founder Vivek Raman on Jan. 29.<\/p>\n<p>It has been more than a week since Donald Trump\u2019s inauguration, and the \u201centire Ethereum ecosystem has been reborn,\u201d he added, referring to the recent <a href=\"https:\/\/cryptopotato.com\/ethereum-foundation-dissent-dampens-eth-price-as-vitalik-asserts-authority\/\" data-wpel-link=\"internal\">leadership shakeup<\/a> at the Ethereum Foundation.<\/p>\n<p>Ethereum now has \u201cstructural\u201d and not cyclical tailwinds for 2025, he said. However, none of that is being reflected in the asset\u2019s price action yet as the <a href=\"https:\/\/cryptopotato.com\/altcoin-meltdown-continues-eth-angst-rises-but-btc-remains-resilient\/\" data-wpel-link=\"internal\">ETH angst<\/a> continues.<\/p>\n<h2>5 Reasons to be Bullish on ETH<\/h2>\n<p>The Trump family\u2019s DeFi project, World Liberty Finance, has been <a href=\"https:\/\/cryptopotato.com\/trumps-defi-platform-loads-up-on-crypto-assets-but-its-no-strategic-reserve\/\" data-wpel-link=\"internal\">buying<\/a> and building on Ethereum. Around 64% of the project\u2019s $400 million portfolio is in ETH, and Lido staked ETH (stETH), <a href=\"https:\/\/intel.arkm.com\/explorer\/entity\/worldlibertyfi\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">according<\/a> to Arkham Intelligence.<\/p>\n<p>\u201cEthereum is the gold standard \u2013 and the most secure platform \u2013 for DeFi,\u201d he said before adding, \u201cETH is the primary reserve asset for the digital economy.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">WE ARE NOT BULLED UP ENOUGH ABOUT ETH<\/p>\n<p>It\u2019s been ~1 week since the inauguration<\/p>\n<p>And entire Ethereum ecosystem has been reborn<\/p>\n<p>5 reasons why ETH now has **structural,** not cyclical tailwinds for 2025 and beyond:<\/p>\n<p>(0\/6)<\/p>\n<p>\u2014 Vivek Raman (@VivekVentures) <a href=\"https:\/\/twitter.com\/VivekVentures\/status\/1884620926739697963?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">January 29, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Raman noted that on the buy side, asset managers and hedge funds \u201care vocally all in on tokenization,\u201d adding that \u201call roads for tokenization flow through Ethereum.\u201d<\/p>\n<p>Additionally, investment banks are embracing crypto functionality. \u201cAnd what is the safest, most secure blockchain with programmatic finance capability? Ethereum.\u201d<\/p>\n<p>One of the biggest catalysts for Wall Street adoption is the repeal of SAB 121, Biden-era legislation restricting the ability of banks to custody crypto.<\/p>\n<blockquote>\n<p>\u201cSuffice to say, the floodgates are open for banks to custody ETH, BTC, and tokenized assets on their balance sheets.\u201d<\/p>\n<\/blockquote>\n<p>Finally, staked Ether ETFs are likely on the horizon as the new SEC chair is pro-innovation, he said before concluding, \u201cEthereum is the new operating system for the global economy.\u201d<\/p>\n<h2>ETH Price Still Weak<\/h2>\n<p>Investor and entrepreneur Ted Pillows observed that ETH is forming \u2018higher lows\u2019 in the longer timeframe, with $4,000 being the crucial level.<\/p>\n<p>Once resistance there is broken, \u201cI\u2019m expecting Ethereum to hit $9K to $10K within 3-4 months. Trump will buy more and more,\u201d he said.<\/p>\n<p>Analyst \u2018Crypto Admiral\u2019 agreed, stating, \u201cEthereum is on the verge of something big,\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#Ethereum<\/a> is on the verge of something big, and the excitement is palpable!<\/p>\n<p>Buckle up, because this could be a turning point! <a href=\"https:\/\/t.co\/z3Sd18jXcv\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/z3Sd18jXcv<\/a><\/p>\n<p>\u2014 Crypto Admiral (@Crypto_admiral1) <a href=\"https:\/\/twitter.com\/Crypto_admiral1\/status\/1884293493604114688?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">January 28, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>ETH has gained 2.3% on the day to reclaim $3,200 at the time of writing but still remains down 13.5% from its January high. It has failed to follow other altcoins, which have rallied and remain range-bound for now.<\/p>\n<p>Nevertheless, the month of February has been <a href=\"https:\/\/cryptopotato.com\/bitcoin-records-double-digit-gains-in-8-of-12-februaries-will-history-repeat\/\" data-wpel-link=\"internal\">historically bullish<\/a> for ETH, which is providing a ray of hope for investors following a depressing January for price action.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/5-reasons-to-be-bullish-on-ethereum-eth-despite-january-drop\/\" rel=\"nofollow\">5 Reasons to Be Bullish on Ethereum (ETH) Despite January Drop<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u201cWe are not bulled up enough about Ethereum,\u201d said former UBS bond trader and Etherealize founder Vivek Raman on Jan. 29. It has been more than a week since Donald Trump\u2019s inauguration, and the \u201centire Ethereum ecosystem has been reborn,\u201d he added, referring to the recent leadership shakeup at the Ethereum Foundation. Ethereum now has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10425","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10425"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10425\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}