TechFlow news, on July 23, cryptocurrency analyst Crypto Dan's latest on-chain analysis report indicated that although Ethereum faces short-term correction risks amid its recent significant rally, current market热度 (heat) levels remain relatively low compared to the overheated futures markets in March and November 2024, suggesting any potential pullback could be mild and short-lived.
The report emphasized that from a broader cyclical perspective, Ethereum has shown relatively slow performance in the current bull cycle, previously entering an undervalued zone with a clear bottom formation, making it highly likely to continue advancing toward higher price levels in the second half of 2025.
The analyst also warned investors that based on recent market behavior, increases in Ethereum’s price typically trigger significant volatility in other altcoins, recommending attention to such correlated effects.
