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I believe that ETH breaking through 4800 is still very promising. From a technical perspective, ETH has been continuously upgrading and optimizing, like a racing car that keeps being modified and upgraded, with increasingly stronger performance. The launch of Ethereum 2.0 has greatly improved the network's scalability and transaction processing capacity, providing solid technical support for the rise in ETH prices. Moreover, more and more decentralized applications (DApp) are choosing to run on the Ethereum network, much like more and more merchants choosing to open stores on bustling commercial streets. As ETH serves as the "currency" of the Ethereum network, the demand will naturally continue to increase, and the price may rise accordingly.
The reason I am optimistic about ETH, apart from technological upgrades and application expansion, also includes market sentiment and institutional participation. Currently, the overall market sentiment in the crypto space is relatively optimistic, like the temperature in spring, gradually warming up. Moreover, more and more traditional financial institutions are beginning to pay attention to and participate in the cryptocurrency market. As the "second-in-command" in the cryptocurrency market, ETH is naturally favored by institutions. The influx of large amounts of institutional capital is like giving ETH's price a shot of adrenaline, pushing its price to keep rising.
#ETH冲击4800# #ETH#