ETH Finally Makes a Move Ahead of Pivotal Weekend

May 9, 2025 • 6 Min Read

Core Strategy

While there is no need to “panic chase,” ETH likely begins trading better from here. We should start considering ETH beta names to add if Bessent’s meeting with China this weekend results in a positive outcome. The immediate-term risk/reward is certainly less attractive after BTC’s rally to $103,000 and strong follow-through from altcoins this week, but there are legitimate signs pointing to the U.S. reaching a deal in short order. Given the wide range of possible outcomes and the unpredictable nature of this administration, we believe the rig...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Crypto subscription is required in order to access this content.

*Free trial available only on a monthly plan

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

Keep reading by starting your Free Trial today!

You are reading the last free article.

Already have an account? Sign In