🔥 When Bitcoin reaches a new ATH (All-Time High), Ethereum usually follows strongly — but this time, the winds are even more favorable for ETH. Here’s what underpins a target of $3,900 for Ethereum:
🚀 Catalysts for Ethereum
- Approval of Ethereum ETFs
The recent approval of eight spot Ethereum ETFs by the SEC in the US was a game-changer. This legitimized ETH as an institutional asset and attracted billions in capital. Just on December 4th, the ETFs recorded $167 million in inflows.
- Growing demand for staking
More than 43% of the ETH supply is locked in staking contracts. This reduces the circulating supply and creates deflationary pressure — a classic fuel for appreciation.
- Pectra upgrade on the way
Expected in the first quarter of 2026, the Pectra upgrade.
- Institutional liquidity and stablecoins
Ethereum leads in TVL (Total Value Locked) with over $63 billion, and the growth of stablecoins like USDC and USDT is directly linked to the network. The potential approval of the GENIUS Act in the US could bring trillions in stablecoins to the Ethereum ecosystem.
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🎯 Why is $3,900 a realistic target?
- ETH has already broken the $3,900 barrier after the approval of the ETFs.
- Analysts project a bullish extension of up to 35%, with technical targets at $4,093 and $4,631.
- Even with sales from large whales like Justin Sun, the market absorbed well and maintained the momentum.
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If Bitcoin continues its climb towards $140,000, as some analysts project, Ethereum may not only reach $3,900 but aim for new all-time highs. Do you want me to create an entry and exit strategy based on this data?
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