Ethereum recently surged again, reaching a high of $3,900 🎯. Although it later pulled back to around $3,500, market confidence remains strong! Veteran analyst Ali Martinez also supports this: the historical MVRV model suggests that ETH could stabilize around $5,000 🧱.

Currently, ETH is priced at about $3,509, with trading volume skyrocketing by 24% over the past 7 days, pushing above $40 million 🔥. Meanwhile, open interest has also surged, indicating that more and more traders are increasing their positions, and the market remains optimistic about ETH's future ✅.

The scent of a bull market is slowly returning. Can ETH take advantage of this momentum to hit new highs? We shall see 👀📈.#ETH