Ethereum at $2,490 is already a fully valued trillion-dollar asset where the easy entry has already passed, limiting remaining upside to 44% despite technical strength.
Too little corroboration in the last 3 days to call a trend (1 article). Watching for it to gain traction.
At $2,490, Ethereum is already a trillion-dollar asset where the easy entry has passed, with sources suggesting that while a move to $3,450 represents a solid 44% gain, the asset is fully valued at current levels. The implication is that remaining upside is limited despite technical strength in the price action.
Valuation anchoring to market cap milestones creates psychological resistance where investors perceive diminishing returns at higher absolute valuations, even if percentage gains remain substantial. This perception typically influences position sizing and risk appetite, causing capital to rotate toward lower-capitalization opportunities with higher percentage upside potential.
"But at $2,490, ETH is already a trillion dollar class asset. A move to $3,450 is a 44% gain. That is a solid trade. It is also the return of a fully valued asset where the easy entry happened long before this week."