Ethereum (ETH)'s recent price performance has attracted widespread attention in the market. According to multiple cryptocurrency experts and analysts, ETH's price may break through its all-time high in the coming week, challenging the highest point of $4,878 set in November 2021.
Signal of structural change: ETH may see a big explosion next week!
According to today’s X post by Ryan Adams, host of the Bankless podcast, ETH’s market trend is undergoing a “structural change” that could lead to new all-time highs.
He said that Ethereum "may" usher in a wave of increases in the next seven days, and even break through its historical high in 2021, attracting the attention of countless investors.
According to CoinMarketCap, ETH is currently priced at $3,946. To reach a new all-time high, it needs to rise by about 24% in the next seven days. For those who are already bullish on ETH, this goal seems a bit challenging, but it is not without possibility. After all, the market often changes faster than we think.
Traders are watching: What’s next for ETH after breaking through $4,000?
Anonymous trader Pentoshi also warned his more than 830,000 followers on December 9 that ETH is undergoing a "structural change" and is accompanied by a large influx of ETF funds, which may mean that the market is about to usher in new fluctuations.
He noted that Ethereum has hit its “highest weekly close” of the year and that there is “little resistance from here to the ATH,” acting like a “magnet” pulling the market in.
It is worth noting that a few days ago, Ethereum broke through the $4,000 mark for the first time since March 2024.
Many traders and investors believe that this breakthrough means that ETH may be ushering in a new round of gains, not only a breakthrough against the US dollar, but also a transcendence against Bitcoin (BTC).
Will ETH/BTC performance rebound?
Analysts are also very optimistic about Ethereum’s expectations. Benjamin Cowen, the founder of Into The Cryptoverse, said on December 4 that the ETH/BTC downtrend is likely coming to an end, and that Ethereum’s performance against Bitcoin may rebound significantly in the next 6-12 months, becoming a market new focus.
In addition to the experts' predictions, there may be deeper factors behind the rise of ETH. As the Ethereum network continues to upgrade and develop, the value of ETH is likely to increase accordingly. In particular, the upgrade of Ethereum 2.0, the booming development of decentralized finance (DeFi), and the influx of more and more institutional investors and large funds are all driving the rise in ETH prices.
For ordinary investors, has the current market ushered in a new round of "bull market" signals? Can you find your own opportunities in the rise of ETH? Everything is in the near future, and the answer may become clearer.