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Hey guys, ETH is on a roll! The price shot straight through $4,600 and is now holding steady at $4,626. The forum is buzzing with activity! Everyone's talking about whether ETH can reach $5,000, or even $6,000! Today, I'm here to explain why ETH is so strong, whether it's a good time to buy now, and what its future holds. I'll also share some of the hottest discussions on the forum to help you seize the opportunity!
Why can ETH break through $4,600?
First, the big players are buying like crazy! Ethereum (ETH) is a hot topic on the market. The US Ethereum ETF saw $726 million invested in a single day, and major players like BlackRock and Fidelity hold over 5 million ETH, representing 4% of the total. DeFi is also buzzing, with ETH locking up $76 billion in DeFi funds and another 130 billion in stablecoins, making it a veritable "superhighway" for the cryptocurrency world! Coupled with the Trump administration's pro-crypto policies, a post on X.com claiming exchange bosses are pushing ETH to $5,000 has the market going wild! Technically, a KOL on Technical Analysis claims that ETH will stabilize after breaking through $4,100, with a bullish MACD and an RSI of 72.2, pointing directly to $4,800!