Ethereum (ETH) trading volume has reached $1 billion, a significant increase that may mark the beginning of a new bull market. Currently, the price of Ethereum is approximately $3,120, sparking heated discussions in the market. As the second largest cryptocurrency by market capitalization, Ethereum has shown robust performance over the years, and the latest surge in activity has rekindled investor interest. #大盘的下一步？

Data shows that Ethereum whale transactions have increased significantly, indicating enhanced confidence among large investors. The activity of whale addresses has a significant impact on price, and the current activity has helped Ethereum reach a 14-week high. This suggests that major investors may be optimistic about Ethereum's potential in this market cycle.

Meanwhile, Ethereum's trading volume has surpassed $1 trillion, and rising network demand often reflects increased market interest, providing strong support for future price increases. As Bitcoin profits gradually flow into altcoins like Ethereum, combined with strong on-chain metrics, Ethereum is expected to get closer to its historical high of $4,800.

After Bitcoin's price reached a new high, Ethereum benefited from the optimistic market sentiment. Investors should closely monitor key support levels as well as whale activity and trading volume trends. With improving market sentiment, Ethereum's price is expected to approach the psychological level of $4,000, potentially driving further rebounds in the altcoin market. Ongoing network expansion and trading activity provide a positive outlook for investors in both the short-term and long-term prospects. #BTC突破8W大关