So how much more can ETH rise?

If we look at it from a normal perspective, the current $BTC has returned to the levels seen in early February. If $ETH can also return to the early February level of $3,300, then, based on the current price, there is still a $700 upward potential for ETH.

Of course, this is not guaranteed and is still driven by liquidity and events. The premise is that there is no systemic risk in the U.S. stock market, and that both the U.S. stocks and BTC at least maintain a trend of oscillating upwards rather than downwards, for ETH to have a chance to reach such a position.

If systemic risks occur, such as an economic recession, then whether it's BTC or ETH, and whether it's the Nasdaq, S&P, or Russell 2000, they are all likely to retrace again.

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