🚀 Ethereum Nears All-Time High — Bulls in Full Control!
📊 Current Price: ~$4,760 USDT
📈 Performance: +41% in the past month, +59% over the last 3 months
📉 Distance to ATH: Only ~3% below the Nov 2021 peak of $4,865
🔥 Key Drivers:
• Pectra Upgrade: Boosted network speed, scalability, and reduced fees.
• Genius Act: U.S. regulation fueling stablecoin growth — over 40% of stablecoin activity runs on Ethereum.
• Institutional Inflows: Record ETF demand and growing corporate ETH treasury holdings.
💡 Expert Outlook:
• Standard Chartered Forecast: $7,500 by end-2025, $25,000 by 2028.
• Reasons: Surging stablecoin volumes, staking demand, Layer-1 growth, and strong macro tailwinds.
📌 Technical View:
Chart patterns suggest a 2017-style breakout setup. A clean move above ATH could open doors to $5.5K–$6K in the short term.$ETH