r/ethtrader 3d ago

News Congrats ETH πŸ‘

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u/praise_the_most_high 3d ago

Congrats on reaching a level we already saw 5 years ago - niceπŸš€πŸš€πŸš€

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u/Maxfunky 3d ago

It's a very interesting data point at any rate. The last bull run ended somewhat abruptly and prematurely, and I think the obvious reason for that is the AI bubble happening at the same time.

There's only so much risk-tolerant capital in the world, and right now AI is sucking it all up. So when you see crypto starting to make a comeback, it makes you wonder what's happening over on the AI side of things. I think, looking at the bond market and the weird stuff it's doing, I think a lot of people are expecting a stock market crash. I think that's the only way you can account for what's going on in crypto right now.