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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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Post your - 💙 Gate Square #Gate Blue Challenge# 💙
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ETH is riding a rocket, breaking through three barriers in a row, and investors are laughing so much that they forget to unlock their holdings.
Today’s ETH is like a cheetah that has had three cups of espresso — it lightly jumped from $4300, leaped over the $4400 hurdle, and struck a victory pose at $4600, giving the market a high-profile "heavenly forecast." This wave of market activity is not just a simple rise, but a bull frenzy brought about by consecutive breakouts. From a technical perspective, when ETH broke through $4300, the trading volume increased significantly, and the inflow of funds accelerated noticeably at $4400. When it surged to $4600, the market's panic buying and short covering were like double insurance rocket fuel.
On-chain data also confirms this wave of aggressive attacks: the number of active addresses increased by 18% in a week, the total value locked (TVL) in DeFi is steadily rising, and the popularity of L2 scaling projects is soaring—behind this is a comprehensive recovery of the Ethereum ecosystem. This time, unlike past single-point explosions, ETH is accelerating in an orderly manner under multiple favorable factors, which means that the sustainability of the rise is higher.
On the emotional front, Twitter and various cryptocurrency communities have become a hub for "ETH skyrocketing memes," and some traders who were originally bearish have quietly changed their avatars to blue diamonds. Even some NFT big shots have started selling monkeys to exchange for ETH—after all, when the core assets of the chain continue to rise, the value level of the derivative market will also be lifted overall.
However, experienced drivers remind us: $4600 is a peak of emotions, but not the end point. There may be some pullbacks to digest in the short term, but as long as there are no extreme negative macro factors, ETH may embark on a journey of "hitting the brakes just to accelerate better."
In other words, the current ETH is not meant to give you a quick sprint, but rather to potentially take you on a marathon run.