#ETH4500Next?
In a constantly moving crypto market, the focus is on #ETH. After surpassing the $4000 mark, analysts and enthusiasts are asking: what is the next big milestone for Ethereum? Many see $4500 as the next level of resistance and a key psychological point.
The current momentum of #ETH is supported by several factors, including the ongoing growth of its DeFi ecosystem, anticipation of new upgrades to the network (such as the upcoming Dencun update), and increasing interest from institutional investors. As more decentralized applications are built on the Ethereum blockchain, the demand for the cryptocurrency rises, driving its value. Additionally, the successful transition to Proof-of-Stake (PoS) has significantly reduced the issuance of new Ether, creating a deflationary effect that many expect to continue. If market sentiment remains positive and key on-chain metrics continue to be strong, the path to $4500 seems more than plausible.