Ethereum surges to $2300! The super cycle has begun, and breaking $10,000 by 2028 is a foregone conclusion!

Ethereum (ETH) has recently broken through $2300, with a nearly 20% increase in just two days. Market sentiment is high, with short positions liquidated exceeding $750 million, setting a new record for 2023. The three main factors driving this surge: the Pectra upgrade implementation, the global macro environment warming up, and the on-chain economy recovery.

Pectra upgrade activates ETH's explosive potential:

Ethereum completed the Pectra upgrade on May 7, bringing 11 EIPPOE improvements, enhancing account performance and staking limits. This move brings new opportunities to the Ethereum ecosystem, driving user growth and capital inflow.

Global capital returns, capital refocusing on Ethereum:

Bitcoin's breakthrough of $100,000 has sparked market enthusiasm, and Ethereum, as the king of infrastructure, has attracted a significant return of funds. Expectations for ETH spot ETF to increase positions, institutions and retail investors are both adding positions.

On-chain economy fully recovers:

The total locked value of Ethereum exceeds $52.8 billion, user activity has risen significantly, and whale addresses continue to accumulate. The ETH ecosystem is warming up, with DeFi, NFTs, and L2 technology supporting a comprehensive recovery.

2028 goal: ETH aims for $10,000!

Under the three major driving forces of technology, capital, and narrative, ETH has all the conditions to initiate a super bull market. The $4000 in 2021 was just the prelude; by 2028, ETH will break through $10,000, becoming the pillar of the global decentralized economy.

Summary:

Starting from the $2300 mark, ETH will soar all the way, with whales already beginning to position themselves. Are you still on the sidelines?