Can $ETH hit a new ATH in Q3?

ETH recently hit $3,000 for the first time in 4 months.

The rally was due to Bitcoin's new ATH and big ETH ETF inflow.

This pump has also resulted in ETH outperforming $BTC , which has happened rarely this cycle.

Now talking about the $ETH supply, 30% of its entire supply has been staked.

ETH balances on exchanges have also dropped to an 8-year low.

Both these things could bring a supply crunch, which will start a major rally.

Only if BTC continues its momentum, ETH is looking primed for a new ATH.