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Al-Syed Traders 79
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Al-Syed Traders 79
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🚀 Ethereum Nears All-Time High — Bulls in Full Control! 📊 Current Price: ~$4,760 USDT 📈 Performance: +41% in the past month, +59% over the last 3 months 📉 Distance to ATH: Only ~3% below the Nov 2021 peak of $4,865 🔥 Key Drivers: • Pectra Upgrade: Boosted network speed, scalability, and reduced fees. • Genius Act: U.S. regulation fueling stablecoin growth — over 40% of stablecoin activity runs on Ethereum. • Institutional Inflows: Record ETF demand and growing corporate ETH treasury holdings. 💡 Expert Outlook: • Standard Chartered Forecast: $7,500 by end-2025, $25,000 by 2028. • Reasons: Surging stablecoin volumes, staking demand, Layer-1 growth, and strong macro tailwinds. 📌 Technical View: Chart patterns suggest a 2017-style breakout setup. A clean move above ATH could open doors to $5.5K–$6K in the short term.$ETH
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