#ETHRally Ethereum is powering ahead in what’s being tagged on social media as an #ETHRally. Recently, about 97% of ETH holders have turned a profit, yet on-chain metrics suggest there’s still room to run before the market overheats—Glassnode’s MVRV remains beneath extreme levels . Notably, the surge has triggered $173 million in short-position liquidations, drawing attention from figures like Eric Trump . Meanwhile, broader market optimism is buoyed by ETF-driven demand and spot bidding pushing ETH prices toward $3.8k, signaling strong interest ahead of a possible cycle peak