Ethereum Set for Breakout as Traders Eye 175% Gain to Bitcoin Parity

Trader Eugene, a prominent figure in the cryptocurrency community, has released his trading record and market outlook for the week. He anticipates a significant breakthrough in the market, with a particular focus on Ethereum (ETH).

Eugene's optimism stems from several key observations. Firstly, he notes a significant reduction in ETH holdings following the April 2025 "nuclear explosion," where the asset plummeted from $4000 to $1300. This event led to a drastic change in ETH's trading pattern, with fewer traders considering it a core investment target. This shift has lightened ETH's market positioning, making it a more attractive investment option from a long-term structural perspective.

Secondly, Eugene highlights the growing interest of mainstream institutions and traditional finance in ETH as an infrastructure and stablecoin investment target. Despite initial skepticism, the recent proactive regulatory developments in the United States and the high concentration of stablecoins on the ETH network have convinced him of ETH's potential. The advocacy of figures like Tom Lee and the demand from traditional financial institutions for cryptocurrency ownership further support this view.

Lastly, Eugene points out the need for ETH to catch up to Bitcoin (BTC) in price. While this point alone may seem trivial, the momentum it could generate is significant. Traditional finance's tendency to promote early investment opportunities in ETH, coupled with the potential for BTC to reach $110,000, signals a return of the bull market. Historically, ETH has performed well during these periods, and its weakness is typically associated with BTC's stagnation or decline.

In conclusion, Eugene's analysis suggests that ETH's investment value is clear from a mid- to long-term structural perspective. He has adjusted his investment portfolio accordingly, reflecting his bullish stance on ETH. His outlook provides a comprehensive view of the current market dynamics and the potential for ETH to break out in the coming week.