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ethereum hit $4,900 – is it the new king or a flash in the pan? 🚀💥ETH surges, institutions f
bro, ETH finna hit $5k this week?! major gains incoming or just another pump n dump? 😵💫
Ethereum’s recent surge past $4,900 reflects a significant milestone after years below previous peaks; institutional and retail interest drive this shift. Short
Ethereum surges past $4,900 in 2021, marking an 8.2% increase last week. This climb follows years below its previous peak, signaling a pivotal moment for the second-largest cryptocurrency. Institutional involvement, alongside retail activity, fuels this upward trend. Analysts predict sustained market strength due to rising institutional interest. Ethereum’s role in decentralized finance and ETF funds shifts perceptions, challenging Bitcoin’s institutional dominance. ETH’s recent accumulation by entities like Bitmine highlights its growing appeal to major investors. Institutional demand and technical advancements position Ethereum for wider market integration.
Short positions on Binance create “short pressure,” prompting traders to cover losses by purchasing ETH, amplifying the upward momentum. This unanticipated surge may lead to increased volatility as positions unwind. Future projections suggest Ethereum and Bitcoin are poised for new highs, despite potential market corrections in late 2025 or early 2026. The interplay between institutional demand, ETF entries, and derivatives markets will shape Ethereum’s trajectory in the near term.
https://altcoin.observer/the-short-season-of-all-time-of-ethereum-of-all-time-what-then-comes/
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