Is $ETH about to return to 3800? A new round of major upward trend is about to come?
Ethereum has been quite strong recently, having previously touched 3800 dollars, and is now hovering around that area, showing signs of wanting to move higher. Many believe a major market trend might be on the horizon.
There are plenty of good signs: institutions have been buying, with giants like BlackRock holding nearly ten billion dollars, and the circulating supply in the market is decreasing; from a technical standpoint, after the previous drop, the rebound looks decent, and after breaking through key positions, it could rally towards 4000 dollars; the number of active users on the chain is increasing, and large holders are accumulating coins, with the DeFi and NFT sectors in the ecosystem booming, providing solid support.
To conclude on a rainy day, there is a high probability that Ethereum will break through 4000 next week, and after this bull market ends, Ethereum could break through 6000.
Strong recovery, asset doubling! Keep up with the rainy day, layout in advance, and reap significant profits effortlessly.
Continuous attention: TREE CFX
