Cryptocurrency investment and research firm Matrixport said in its latest assessment of the Ethereum market that the current outlook confirms its bullish expectations.
The company said in a social media post that Ethereum’s recovery seen over the past few weeks remains technically attractive. Matrixport emphasized that the improvement in technical signals is supported by more positive on-chain data, which is in line with the company’s overall strategy.
This statement suggested that the market is gradually digesting the “bear market” formation, at least for now. Another notable factor, according to Matrixport, is that the massive selling of Ethereum bullish options is occurring at the same time as the steady buying in the spot market. This combination suggests that current risk appetite is not driven by excessive speculation, but is more systematic and planned.
The company said this market structure allows for both stable growth potential and effective profit realization from volatility. It also pointed out that accumulation is primarily driven by spot demand rather than leveraged trading. This has made the recent recovery more sustainable.
Matrixport’s valuation indicates that the market has a positive medium-term outlook for Ethereum investors, despite short-term volatility. Analysts believe that the consistency of technical indicators and on-chain data has increased investor confidence and that Ether has the potential to achieve a stable upward trend in the coming period. This situation reveals a growing cautious optimism in the crypto market.
*This is not investment advice.
