After posting a brutal -12% slide last week, ETHFI managed to reclaim some ground with a +3% jump over the past 24 hours. While the broader crypto market crawled up just +1.5%, this outperformance hints at genuine demand for the token.
What's fueling the rebound? A key catalyst arrived via the ETHGas partnership announcement. The integration with Ethereum blockspace futures markets is a solid move—it directly tackles gas fee volatility and improves predictability for network users. This kind of practical infrastructure play tends to catch attention from traders hunting for fundamentals beyond hype.
The oversold technical setup likely played its part too. After that brutal weekly dump, the bounce feels like profit-taking on shorts combined with fresh accumulation interest. Whether this sticks depends on whether the ETHGas collaboration gains real adoption traction in the weeks ahead.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
5
Repost
Share
Comment
0/400
MemeKingNFT
· 4h ago
Oops, a -12% drop followed by a +3% rebound? The bottoming pattern is becoming more and more evident. The ETHGas partnership really hits the mark, not just some air project with the typical rug pull scheme.
Wait, the real key is whether it can be truly implemented, not just another stage play.
View OriginalReply0
ser_aped.eth
· 4h ago
ethfi's rebound this time is purely supported by fundamentals, not just hype. It's quite interesting.
Despite dropping so badly last week, it managed to bounce back, indicating that some people really believe in this direction.
The volatility of gas fees is indeed a pain point. If ETHgas can truly be implemented and adopted, it’s worth paying attention to.
But to be honest, whether the rebound can hold depends on subsequent actions. It's too early to draw conclusions now.
View OriginalReply0
MerkleMaid
· 4h ago
Uh, can ETHGas cooperation be down-to-earth this time? Feels like the old tricks again.
A -12% drop and then a 3% rebound? Can we really trust this rebound?
Can gas fees really be predicted? I don't quite understand this logic.
Rebounds after breaking support are always like this; next week we'll have to see the news and the market sentiment.
Actual adoption is the key; just having cooperation isn't enough. Let's wait and see.
View OriginalReply0
FlashLoanLord
· 4h ago
12% drop and then a 3% rise again, I’m familiar with this trick... The real test is whether ETHGas can actually be implemented.
View OriginalReply0
PhantomHunter
· 4h ago
Both falling and rising again, I'm tired of this routine. Let's see if ETHGas can really be implemented.
ETHFI Token Rally: +3% Surge Bucks Broader Market Headwinds
After posting a brutal -12% slide last week, ETHFI managed to reclaim some ground with a +3% jump over the past 24 hours. While the broader crypto market crawled up just +1.5%, this outperformance hints at genuine demand for the token.
What's fueling the rebound? A key catalyst arrived via the ETHGas partnership announcement. The integration with Ethereum blockspace futures markets is a solid move—it directly tackles gas fee volatility and improves predictability for network users. This kind of practical infrastructure play tends to catch attention from traders hunting for fundamentals beyond hype.
The oversold technical setup likely played its part too. After that brutal weekly dump, the bounce feels like profit-taking on shorts combined with fresh accumulation interest. Whether this sticks depends on whether the ETHGas collaboration gains real adoption traction in the weeks ahead.