Trend Research founder Jack Yi: ETH breaking through $3,000 marks the start of the industry bull market

By: odaily.com|2025/07/11 09:41:39

Odaily News Jack Yi, founder of Trend Research, wrote on the X platform that Ethereum’s breakthrough of $3,000 marks the start of a bull market in the crypto industry. He has been bullish on ETH since $1,450, and published several research reports around $1,750 and $2,500, strongly advising investors not to short ETH.
There are three core ideas:
1. The industry is in a bull market trend. Favorable crypto policies and expectations of interest rate cuts are driving the rise of U.S. stock companies.
2. Ethereum is seriously undervalued. The past bull market was driven by ICO and DeFi, and this round is driven by stablecoins and RWA;
3. Adhere to the consistency of words and deeds, invest patiently, and the pullback is an opportunity to increase positions. The rise will not be smooth sailing. We hope that more investors will hold firmly and welcome the new bull market of Ethereum together.

-- Price

Bitcoin (BTC) is holding above $76,000, supported by strong institutional buyingThe Fear & Greed Index at 33 indicates continued market caution despite price strengthCrypto ETPs saw $1.4B in inflows, marking three consecutive weeks of capital growthEthereum (ETH) is consolidating around $2,300, with resistance near $2,360Understanding what is futures trading vs what is spot trading is key in volatile marketsTraders are increasingly combining spot accumulation with futures trading strategies

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