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Optimism about the potential for $ETH to reach a new ATH continues to strengthen, driven by various factors including significant price increases, increased staking activity, and the entry of institutional investors.
$ETH has the potential to break its previous all-time high, even reaching an extraordinary record, especially with the ongoing upward momentum.
🎢Factors that support optimism:
•Rise in prices and staking activity:
Ethereum has shown strong performance, with the price successfully breaking through the $3,500 level and the percentage of supply locked in staking reaching a new all-time high of 29.44%, indicating long-term investor confidence.
•Log in of institutional investors:
The increasing number of institutional investors starting to take notice of Ethereum could push the price even higher.
•Analyst optimism:
Many analysts predict the potential for a massive rally of Ethereum, with some even mentioning a potential rise of up to 1,100%.
•Great breakthrough potential:
With macro catalysts and positive regulations, Ethereum has the potential to achieve a major breakthrough, especially if there is legislative clarity and momentum from Bitcoin.
•Technological development:
The increase in Ethereum, such as the London upgrade and EIP-1559, also contributes to investor optimism.
Ethereum price prediction:
In the near future, it is possible that $ETH will reach its new ATH and continue to rise to surpass its previous achievements. In various factors, $ETH is very complex among investors where innovation continues to be developed over time.
I am confident that in the coming months or weeks if $ETH can maintain its momentum at $3500 then this coin will continue to rise faster than expected. and it will be very easy to break the $4800 mark.
•The best strategy is to keep buying little by little and hold until the time comes to go to the moon. Keep DYOR.
#ETH Hits 4800# and #ETH# .
Thank you 🙏🙏