$ETH Outlook (Next 2 Weeks) - READ THIS!

- Ethereum heads into the next two weeks in a balanced but constructive setup, shaped not only by on-chain fundamentals but also by broader market positioning and macro liquidity conditions.
- On the structural side, tokenized real-world assets (RWA) on Ethereum continue printing new highs. Treasury bills, money market funds, and credit products moving on-chain reinforce ETH’s role as institutional settlement infrastructure — a yield-driven narrative that tends to support medium-term capital allocation.
- Network conditions, however, show mixed signals. Gas fees remain near cycle lows — bullish for usability and activity, but bearish for fee revenue and ETH burn dynamics. At the same time, L2$ ecosystems continue absorbing execution volume, improving scalability while redistributing value capture away from L1 in the short term.
- From a market structure perspective, ETH is trading in a post-correction consolidation phase. BTC dominance remains elevated, limiting aggressive altcoin beta expansion — but historically, once $BTC stabilizes, $ETH becomes the first rotation beneficiary.
- Derivatives positioning supports this view. Funding rates are neutral and Open Interest is expanding without extreme leverage, reducing liquidation risk while leaving room for momentum build.
- Macro remains the swing factor. Rate expectations, equity volatility, and dollar strength continue driving crypto beta. If risk assets stabilize, ETH tends to outperform due to its institutional + infrastructure narrative overlap
- ETF and fund flows are another key driver. Even modest inflows tighten circulating supply and reinforce positioning confidence.

2-week bias

-Bull case: BTC range stability, continued RWA momentum, neutral funding → gradual upside expansion.

-Bear risks: macro risk-off, persistently low fees, L2 value diversion narrative strengthening.

-Bottom line: Ethereum sits at the intersection of institutional adoption and beta rotation — a setup that historically favors accumulation before expansion, not immediate breakout.