🔷 Arthur Hayes: the "Ethereum Season" has begun

Former BitMEX CEO Arthur Hayes stated that Ethereum is taking the lead in a new phase of cryptocurrency market growth:

"DeFi and NFTs will gain a second wind thanks to Ethereum's leadership in decentralized finance."

📈 Against the backdrop of his words, ETH is confidently trading above $3160, the first time since February 2. The near-term targets are $3200–3400, where a local profit-taking or pullback may occur.

💡 Why this is important:

✔️ ETH holders from 2024 are still “in the red” — meaning further growth could provoke a wave of selling from those who “broke even.”

✔️ Interest in altcoins and staking is rapidly increasing.

✔️ Inflows to ETH funds over the last 12 weeks accounted for 19.5% of total AuM, while BTC only saw 9.8%.

🔥 More and more analysts are talking about the beginning of altseason, and ETH is once again becoming the main beneficiary of this trend.

💬 We keep an eye on updates and remember: growth in ETH is not just about price, but about the entire ecosystem.