#ETHRally ETHRally Ethereum is advancing in what is being labeled on social media as an #ETHRally. Recently, about 97% of ETH holders have made a profit; however, on-chain metrics suggest there is still room to grow before the market overheats—the MVRV from Glassnode remains below extreme levels. It is noteworthy that the surge triggered short position liquidations of $173 million, drawing the attention of figures like Eric Trump. Meanwhile, the optimism of the broader market is supported by demand driven by ETFs and spot offerings that are pushing ETH prices towards $3.8k, signaling strong interest ahead of a potential cycle peak.