When stablecoins arrive, ETH will be surpassed by a dark horse called Tree! This Tree can govern and generate stable returns! Therefore, stablecoins climbing onto it will develop even more rapidly! Tree can also have a huge breakout.

Early yesterday morning, I was awakened by a phone alert. The price of Ethereum broke through $4,900, setting a new historical high. To be honest, this price came faster than expected, but upon reflection, it is within reason.
Recently, the overall atmosphere of the market has indeed changed. A few weeks ago, everyone was worried about whether the Federal Reserve would continue to raise interest rates, but Powell's speech at the Jackson Hole conference gave the market a reassuring signal. Funds immediately became active, and Ethereum became the biggest beneficiary. I noticed a detail: on-chain data shows that the ETH inventory on exchanges is continuously decreasing. What does this indicate? It indicates that everyone is withdrawing coins to their wallets, preparing to hold long-term, without the intention to sell in the short term.