#ETHRally Ethereum is advancing in what is being labeled on social media as a #ETHRally. Recently, about 97% of ETH holders have realized a profit; however, on-chain metrics suggest that 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 attention from figures like Eric Trump. Meanwhile, broader market optimism is supported by demand driven by ETFs and spot offerings pushing ETH prices towards $3.8k, signaling strong interest ahead of a possible cycle peak.