Ethereum Eyes $4.7K: 2 Altcoins Poised to Ride the Wave
Ethereum has shaken off its latest “Monday Trap,” rebounding nearly 5%, while Bitcoin lagged with only a 1% move.
This rally has pushed $ETH just below the critical $4,700 level: a pivot that could determine whether this move has the strength to push toward $5,000 and beyond, or risk slipping back into consolidation.
On-chain flows are leaning bullish: Binance saw over $1.65B in stablecoin deposits this month, while more than 208,000 ETH was withdrawn to cold storage, indicating investor accumulation.
Despite this, the market stays cautious, as Binance’s leverage ratio rose to an all-time high of 0.53: a warning sign for a liquidation cascade if the market falls more than overextended traders expect.
With $ETH on the brink, the focus is on three key players: Ethereum ($ETH) as the institutional backbone, Best Wallet Token ($BEST) as an all-in-one wallet solution, and Maxi Doge ($MAXI) as the retail meme driver.
Ethereum: Holding the Institutional Line
Ethereum has demonstrated its resilience once more, rising 5% after the market-wide retreat on Monday, compared to Bitcoin’s modest 1% bounce. The move underscores increasing confidence in $ETH as both institutional and retail investors keep accumulating.
On-chain data confirms this trend, with $1.65 billion in stablecoin deposits this month and around $1 billion worth of $ETH withdrawn into cold storage. This indicates two supportive bullish factors: long-term confidence and decreased sell pressure.
From a technical standpoint, the battle is clear. $ETH needs to decisively close a daily candle above the $4,700 level to reignite bullish momentum and target $5,000.
On the other hand, failing to hold this pivot could leave $ETH trapped in a range between $4,350 and $4,700, where a break lower might lead to a deeper correction.
Near-term volatility is expected in crypto. Despite this, worsened by record-high leverage ratios, Ethereum’s fundamentals remain unrivaled. With its key role in DeFi, staking, and real-world asset (RWA) tokenization, $ETH continues to be the most “corporate-friendly” altcoin.
For institutions and long-term investors, Ethereum remains the central point around which the broader altcoin market pivots. It might not have the explosive potential of smaller altcoins, but it’s a reliable choice and an essential component of any portfolio.
Best Wallet Token ($BEST): Payments and Rewards Play
When markets are volatile, tokens linked to real-world utility tend to outperform purely speculative ones. That’s where Best Wallet Token ($BEST) comes into play.
As a non-custodial wallet, Best Wallet provides seamless Web3 payments, DeFi and presale access, and integrated staking rewards. With this range of features, Best Wallet is more than just another wallet app.
Best Wallet Token Benefits
For holders, $BEST provides clear incentives through perks and rewards for using the wallet. This creates steady demand for the token beyond just trading hype. The presale figures support this, with over $15M raised so far. Clearly, investor interest in $BEST remains strong, despite broader market volatility.
Narratively, $BEST is well-positioned as stablecoin adoption increases. With major players like MetaMask and Stripe exploring stablecoin infrastructure, wallets capable of handling everyday crypto payments are expected to benefit the most.
For investors, this means that $BEST offers an early entry point into an infrastructure project aimed at widespread adoption. As Ethereum struggles with the $4,700 level, a payments-focused token could quietly serve as a bridge between retail users and mainstream crypto spending.
Check out the $BEST presale today!
Maxi Doge ($MAXI): Meme Strength in Volatile Times
Maxi Doge ($MAXI) is no ordinary memecoin; it blends playful branding with community-driven momentum through its unique “Proof-of-Workout” theme and GigaChad culture.
At its core, $MAXI thrives on virality, contests, and meme-powered narratives, making it far stickier than fleeting copycat tokens.
In volatile markets when majors consolidate, liquidity often rotates into high-risk, high-reward meme plays. And this is exactly where $MAXI will shine. Its presale has already raised over $1.5M, and early staking rewards currently offer up to 190% APY.
The narrative is simple: if Ethereum successfully turns $4,700 into support and institutional flows continue, retail attention will inevitably shift toward memecoins with explosive upside potential.
$MAXI fits that bill perfectly, representing a blend of humor, culture, and timing. It’s a high-volatility play positioned to ride the altseason meme wave that’s likely just around the corner.
Join the $MAXI presale before it’s too late!
Building for the Next Leg
Ethereum’s battle at $4.7K will determine whether bulls can unlock a run to $5K and beyond. While $ETH anchors the institutional bid, presales like $BEST highlight real-world utility, and $MAXI embodies the retail-driven meme surge that tends to follow afterward.
Together, these three tokens form a layered approach to altseason: hold majors for stability, add infrastructure for adoption, and ride meme waves for explosive upside potential.
With Q4 momentum building, the setup offers both resilience and speculation, and is likely to prove a winning combination.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, and you should always conduct your own research before investing.