📢 #Gate广场征文活动第二期# 正式啓動!
分享你對 $ERA 項目的獨特觀點,推廣ERA上線活動, 700 $ERA 等你來贏!
💰 獎勵:
一等獎(1名): 100枚 $ERA
二等獎(5名): 每人 60 枚 $ERA
三等獎(10名): 每人 30 枚 $ERA
👉 參與方式:
1.在 Gate廣場發布你對 ERA 項目的獨到見解貼文
2.在貼文中添加標籤: #Gate广场征文活动第二期# ,貼文字數不低於300字
3.將你的文章或觀點同步到X,加上標籤:Gate Square 和 ERA
4.徵文內容涵蓋但不限於以下創作方向:
ERA 項目亮點:作爲區塊鏈基礎設施公司,ERA 擁有哪些核心優勢?
ERA 代幣經濟模型:如何保障代幣的長期價值及生態可持續發展?
參與並推廣 Gate x Caldera (ERA) 生態周活動。點擊查看活動詳情:https://www.gate.com/announcements/article/46169。
歡迎圍繞上述主題,或從其他獨特視角提出您的見解與建議。
⚠️ 活動要求:
原創內容,至少 300 字, 重復或抄襲內容將被淘汰。
不得使用 #Gate广场征文活动第二期# 和 #ERA# 以外的任何標籤。
每篇文章必須獲得 至少3個互動,否則無法獲得獎勵
鼓勵圖文並茂、深度分析,觀點獨到。
⏰ 活動時間:2025年7月20日 17
Ethereum Price Prediction As Bitcoin Dominance Crashes- Is $4,800 Next?
Ethereum (ETH) has performed better than Bitcoin (BTC) in the last week with a 21% price increase. These gains have matched with the beginning of an altcoin season that has led to the market share of Bitcoin dropping to notable lows in the last seven days. Due to these factors, there are sparking talks about whether the Ethereum price might be on the way to a rally to an all-time high of $4,800.
Advertisement Advertisement
Ethereum Price Rallies as Bitcoin Dominance Crashes
The share of Bitcoin in the total $4 trillion crypto market cap has dropped in recent days as altcoins fill the gap, with investors rushing to invest in other coins that are well-positioned to deliver returns. The share of its market cap has dropped to 61%, marking its lowest level since March, as it records fewer gains.
Bitcoin Dominance (Source: TradingView)The performance in the previous years shows that Ethereum usually steps up to fill this gap when the metric is dropping, and this is already being seen, considering that the ETH price is up by 21% in one week while BTC is up by only 0.6% within the same period.
This drop has also caused a surge in talks about the beginning of an altcoin season, considering that the index has risen to 41 to indicate that investors are moving their funds from Bitcoin to other crypto assets. This also supports the bullish narrative for an Ethereum price prediction.
When investor sentiment towards altcoins is more bullish than the sentiment towards BTC, the ETH price will likely continue the surge, with investors shifting to this altcoin with hopes that it will target new highs.
Advertisement Advertisement
ETH Targets $4,800 as Key Resistance Nears
While this fall is definitely good for the Ethereum price, the largest altcoin needs to cross a crucial resistance level for it to confirm the possibility of a strong uptrend. This resistance lies between the prices of $3,600 and $3,900, and it has been holding for the last three years.
If the ongoing buying pressure towards Ethereum that is coming from both retail and institutional investors continues, it is possible for the ETH price to cross above this resistance . The surging demand for Ethereum from BlackRock investors who are buying more ETH than Bitcoin might help to drive the much-needed push.
If ETH can cross above, the next target for the price is $4,800, and it could reclaim its previous all-time high. Moreover, despite the rise in recent weeks, the RSI has yet to reach overbought levels above 70, further confirming the possibility of another rally to the upside.
ETH/USDT: (Source: TradingView)To sum up, Ethereum price has registered strong gains in the last week, and this has created an all-around demand for altcoins. Because of this, Bitcoin’s dominance has crashed, making the case for an ETH rally to $4,800.
Advertisement
Frequently Asked Questions (FAQs)
Ethereum price could surge to $4,800 if it overcomes a crucial resistance level that has been holding for nearly three years.
The falling Bitcoin dominance is bullish for ETH price as investors shy away from Bitcoin and seek alternative currencies.
ETH can sustain its gains if the buying pressure remains high and the demand from both retail ad institutional investors is also high.
✓ Share:
