𝐂𝐚𝐧 𝐄𝐓𝐇 𝐇𝐢𝐭 𝐀 𝐍𝐞𝐰 𝐀𝐓𝐇 𝐓𝐡𝐢𝐬 𝐖𝐞𝐞𝐤?



ETH is only 26% away from a new ATH.

A few reasons I think this could happen this week.

1) ETFs buying

● This month, ETFs have 1.5M ETH, which is 1.3% of the total supply.

● If this buying continues, a new ATH is possible.

2) Companies accumulation

● Bit Digital has raised $1B to buy ETH and will probably do this week.

● SharpLink Gaming is also expected to buy $400M-$500M in ETH this week.

3) Network Activity

● Ethereum network activity is reaching 2021 highs.

● When fundamentals become strong, price usually follows.
ETH4.22%
THINK5.59%
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