Recently, Ethereum ( ETH ) has shown remarkable performance in the market, with prices continuing to strengthen and no expected pullback occurring. This phenomenon has sparked discussions in the market about the potential initiation of a new bull run. Unlike short-term fluctuations, the current trend of ETH seems to indicate a more long-term rise.

In the past cryptocurrency market, projects such as Bitcoin ( BTC ) and Solana ( SOL ) have experienced significant growth. Now, investors are focusing on Ethereum, hoping it will become the next digital asset to explode in growth.

Factors supporting this bullish sentiment include: reliable on-chain data, the launch of spot ETFs, and the large-scale entry of institutional investors. Some market analysts even predict that ETH could reach a high of $7000 by the end of the year.

For investors who are still on the sidelines, the current ETH price may be seen as a better entry opportunity. However, if this phase is missed, future participation may require engaging at higher price levels.

It is worth noting that despite the positive market sentiment, investing in cryptocurrencies still carries high risks. Investors should make cautious decisions, fully understand the market risks, and make investment judgments based on their own risk tolerance. At the same time, closely monitoring changes in market dynamics and regulatory environments is also crucial.