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Why is $3000 ETH just the beginning?
APT, ADA, ENA large unlocks
Whenever the cryptocurrency market heats up, ETH is always the catalyst, with BTC just laying the foundation. The reason why those altcoins can surge forward is all thanks to ETH's support.
Look at this crypto bull market—it's like a woman's menstrual cycle, coming around every four years. The previous cycles were driven by Bitcoin halving events, but the real push that took the bull market to a new high was thanks to ETH's innovation and upgrades.
Innovation is the true driving force behind cryptocurrencies, and even the entire financial market, and humanity as a whole.
Back in the day, during the first bull market, Bitcoin halving occurred, and ETH emerged suddenly, even with ICO functionality—humanity's first chance to freely issue securities.
Then, during the second bull market, Bitcoin halved again, and ETH introduced DEFI, which directly transformed the financial industry—improving efficiency, transparency, and security (don't laugh, it's real, and you'll understand more and more in the future). Later, NFT and GameFi were added, pushing the bull market even higher.
This time, during the bull market, Bitcoin halved once more, and ETH and BTC entered the ETF camp, becoming mainstream financial tools and even a weapon for US debt monetization. Don't underestimate ETF staking; it not only locks liquidity but also energizes brokerages. ETH's DEFI and RWA have limitless potential ahead.
Now, Ethereum is at $3000. The weekly chart suggests a pullback, but do you think this price already accounts for ETF staking? Not necessarily—there's still a long way to go.
Moreover, ETH is only a little over ten years old, in its prime youth. Before menopause, it can still produce many more innovations!