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Wendy O, founder and host of "The O Show", states that Ethereum's current trading behavior is consistent with other altcoins and does not appear bearish.
She adds that the market remains range-bound until traditional finance participants and older investors stop selling.
Wendy O recently noted the approval of Bitcoin perpetual futures trading for retail investors on Kalshi. She also highlighted increased activity among tokens including LINK, NEAR, RNDR, and HYPE in a separate post addressing automated accounts here. Her recent market commentary follows continued attention to altcoin performance and trading conditions.