While market analysts set bullish predictions for ETH holders amid recent developments, an emerging asset manager is stealing the spotlight with over $30 million in AUM. Unilabs (UNIL) is by far the world’s first AI-powered DeFi asset manager, which utilizes advanced AI to track over 1,000 emerging projects to determine early investments and deliver industry-leading yields. Ethereum Price Cools Off: Shows 27% Surge In Weekly Gains The Ethereum price has increased gradually since April 7. Reportedly, on May 10, the movement became parabolic, leading to a 50% weekly increase. ETH even outperformed Bitcoin (BTC) during this time, which has rarely happened in the current cycle, where ETH has lost over 70% of its value against BTC. The Ethereum price has completed a five-wave upward movement with an unusually extended wave five since April 7. While the movement became parabolic on May 10, ETH lost some momentum this week and became much more gradual. Furthermore, technical indicators are showing weakness in recent analysis. Source: TradingView If the analysis is on point, the Ethereum price has started an A-B-C correction (red), which can end at three support levels. An extremely shallow retracement would reach the $2,420 area, a Fibonacci and horizontal support. A deeper retracement could bring the $2,220 and $2,060 levels into play, coinciding with an ascending parallel channel. Unilabs Overshadows Ethereum Price Rally With $30 Million AUM While most ETH holders reflect bullish signs through trading, Unilabs (UNIL) gradually shifts the spotlight with its fast-selling presale mania. This modern-gen investment platform is positioned to skyrocket in the upcoming sessions after crypto experts share in-depth analysis about Unilabs’ potential, as seen in its first presale stage. Unilabs is gaining popularity in the trillion-dollar market for its cutting-edge blockchain technology that delivers lightning-fast execution speeds and an advanced AI protocol embedded in the platform. The platform features premium and enterprise-grade trading tools that help investors and traders make the most of it while navigating the crypto market. What’s Next for Ethereum (ETH) Holders This Cycle? A look at the long-term wave count suggests that the ongoing increase is a relief rally, since it follows a five-wave decline (red). If the count is accurate, the Ethereum price is at the top of wave A in an A-B-C structure (green). Thus, after the predicted retracement, the price will begin another upward movement, taking it between $3,066 and $3,526. Afterward, ETH’s downward trend that started in December 2024 will likely resume. While ETH’s increase in the past week is impressive, it does not invalidate its long-term bearish trend. The most likely short-term analysis suggests ETH will retrace toward a maximum of $2,060 before rallying again. Unilabs’ Presale Gains Momentum As the Next Bull Run Approaches Unilabs (UNIL) is showing signs of growing momentum with the next bull run just around the corner. This platform offers next-level transparency, significant returns, and full access to ventures typically restricted to high-profile investors. Unilabs follows the narrative of delivering high returns by enabling institutional investment opportunities for retail traders. At Unilabs, the dev team helps uplift the platform to build an infrastructure that allows investors and traders to seize the potential of high-growth crypto innovations. The platform is positioned for more gains in the near term as AI enthusiasts prioritize Unilabs (UNIL) over other emerging projects for its top-notch blockchain technology and AI integration in the platform. Conclusion: While the increasing Ethereum price is turning heads, Unilabs (UNIL) is also soaring ahead with a mind-blowing adoption rate among investors and retail traders. Visit the presale today. Discover More About Unilabs: Presale: https://www.unilabs.finance/ Buy Presale: https://buy.unilabs.finance/ Telegram: https://t.me/s/unilabsofficial Twitter: https://twitter.com/unilabsofficial Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
