Ethereum is breaking out after 4 years of pressure #crypto #ethereum #investing #altcoins #bitcoin

Ethereum is breaking out. It's been one of my biggest holds is holding back down at $80 literally about five or six years ago and is now starting to break out out of a four year downtrend because of these reasons. Our analysts literally put out this report this morning around see this ETH BTC breakout is widely seen as the biggest indicator for altcoin season. I also believe this is now starting to really showcase the outperformance of ETH after four years of downwards pressure also because of the persistent buying from each treasury companies. We saw this with Bitcoin, with Microstrategy. Now the best altcoins are rolling this out. Ethereum just rolled it out also Solana and also and we're starting to see really the amount of ETH held by these treasury companies really start to skyrocket. At the end of the day the most important thing you need to know when buying any altcoin is you need to have constant demand. These treasury companies essentially go out and raise money and then buy the token, increasing the demand of that asset. If the supply mechanism is really solid where they don't have a lot of new tokens coming to supply and you've got more demand, that is what pushes the price up. And that is why I think ETH is going to be a big winner again. The cycle.