Can Ether’s Price Blast Past $4,800 This Cycle?
Ether (ETH) price surged 13% in a week, nearing $4,000, but derivatives data suggests an overheated market. While a new all-time high above $4,800 is possible, excessive leverage from traders poses a risk of forced liquidations. The potential approval of a spot ETF fuels bullishness, but overconfidence could undermine sustainability.