🌞 "Ethereum Summer" is heating up, but $ETH price still hasn't broken out.
Consensys co-founder Joseph Lubin believes Ethereum is entering an acceleration phase thanks to the emergence of neutral organizations like EthLabs and Ethereum Institutional, which are helping to drive a wave of financial institution applications on Ethereum.
However, the market remains cautious:
🔹 $ETH has failed three times before the $1,800 resistance zone this week.
🔹 Despite increasingly positive fundamentals, investor sentiment remains quite reserved after the prolonged bear market.
🔹 If it successfully breaks through the $1,800 mark, ethereum:native could open up a new upward trend; otherwise, adjustment pressure still looms.
Ethereum has a stronger investment narrative, but for the price to truly break out, the market still needs a catalyst big enough to turn confidence into cash flow.
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