Although Ethereum's price has dropped about 35% over the past month, it still shows potential for strong momentum. Analysts point out that if selling pressure eases, Ethereum could form a bottom pattern, with key catalysts being sustained risk appetite and Bitcoin stabilization. On-chain data indicates strong holder confidence, such as LinkedIn co-founder Reid Hoffman holding $6.1 million worth of Ethereum and NFT investments. Meanwhile, Ethereum co-founder Vitalik Buterin has also outlined a roadmap to strengthen network defenses against potential quantum computing threats.
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Although Ethereum's price has dropped about 35% over the past month, it still shows potential for strong momentum. Analysts point out that if selling pressure eases, Ethereum could form a bottom pattern, with key catalysts being sustained risk appetite and Bitcoin stabilization. On-chain data indicates strong holder confidence, such as LinkedIn co-founder Reid Hoffman holding $6.1 million worth of Ethereum and NFT investments. Meanwhile, Ethereum co-founder Vitalik Buterin has also outlined a roadmap to strengthen network defenses against potential quantum computing threats.