Ethereum's Future Looks Bright: Poised for a New All-Time High!
2024-12-06

The combination of rising institutional interest, continuous technological advancements, and a shrinking supply due to Ethereum 2.0 upgrades, Ethereum positions itself as a strong contender for breaking its previous all-time high.
With Ethereum's recent surge past the $3,700 mark, it has finally broken out of multi year symmetrical triangle. Also it looks like ETHBTC pair has also formed a bottom and is poised to go only up from here, outperforming BTC.

First target - 4800$
Second target - 7000$