18-8-2025 – Simon Dedic, founder of Moonrock Capital, described Ethereum’s recent 10% price pullback as a healthy correction, first reported by GateNewsBot. Ethereum, the second-largest cryptocurrency by market cap, has surged threefold over the past three months, reaching recent highs before retreating. Dedic views this dip as a natural adjustment within a broader bullish trend. He noted that a retest of the $4,000–$4,100 range, followed by a strong rebound, would solidify Ethereum’s upward trajectory.
Dedic emphasized that frequent trading of major assets like Bitcoin and Ethereum during rallies strengthens market stability, as it reflects robust investor participation. Despite short-term volatility, he remains optimistic, urging investors to stay confident in the market’s bullish phase. The comments come as Ethereum continues to dominate decentralized finance and layer-2 solutions, with 90% of real-world assets tokenized on its network or related chains.
Posts on X also highlight growing institutional interest, with major banks reportedly staking ETH, potentially tightening supply. This aligns with Dedic’s view of a resilient market driven by strong fundamentals.
