Ethereum (ETH) might eventually climb, but according to crypto analyst Altcoin Sherpa, traders should think twice before jumping in right now.
In a recent post on X, the trader shared a candid view of Ethereum’s current market appeal — or lack thereof.
“$ETH is going to eventually go up but the honest question is why would you buy it?” Sherpa asked. “The only reasons I can think of are: huge size/liquidity and more protected downside.”
The technical chart he shared shows ETH/USD attempting to recover from a steep downtrend, trading near $1,845 on Coinbase. While Ethereum appears to have found some stability, it remains well below its 2025 highs above $3,500.
Stability vs Opportunity
Sherpa acknowledged that Ethereum benefits from lower volatility compared to altcoins, noting it’s unlikely to crash 20% in a day. This makes it a potentially safer bet for large institutions or risk-averse investors.
However, he argues that the relative lack of upside momentum makes it less appealing for retail traders hunting for alpha in a market full of fast-moving tokens.
“Most traders shouldn’t buy this IMO,” he added. “You should be looking for better opportunities.”
ETH’s Current Setup
The chart shows a long period of decline since early February, followed by a consolidation phase from mid-April onward. Although ETH is printing higher lows, upward momentum remains subdued, and volume remains low compared to earlier surges.
Sherpa’s comments echo a broader sentiment among traders seeking more explosive setups in mid- and small-cap coins, while Ethereum’s role seems increasingly reserved for defensive positioning and capital preservation.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/ethereum-may-be-stable-but-its-not-the-best-opportunity-right-now/