ETH on the Rebound: 58.1% of Investors Bet on $4,000 Comeback This Cycle
Bitcoin and Ethereum Market Trends: Insights from Coinness and Kratos Survey
According to a recent weekly survey on domestic investor market trends conducted by Coinness and Kratos, the majority of respondents (51.2%) predicted that Bitcoin would rise or surge in the following week. This percentage is slightly lower than the previous week’s 53.8%. Respondents who expected a sideways movement accounted for 31.0%, while 17.8% anticipated a decline or sharp decline.
When asked about market sentiment, the largest number of respondents (43.2%) reported feeling neutral. A significant proportion (40.6%) expressed optimism or extreme optimism, while 16.2% responded with fear or extreme fear.
The market capitalization difference between Bitcoin and Ethereum (ETH) has widened to over $1 trillion for the first time in history, with ETH’s upward trend slowing down. When asked if ETH’s market capitalization would recover this cycle, 58.1% of respondents answered affirmatively. Furthermore, 18.8% predicted that ETH would not recover its popularity, while the remaining respondents were either unsure (20.1%) or not interested (3.0%) in the matter.
Interestingly, the majority of respondents (58.1%) believe that ETH will recover to the $4,000 level this cycle. This prediction suggests that investors remain optimistic about Ethereum’s potential for growth despite its current market trends.
