**Ether Set for Potential All-Time High with Upcoming ETF Launch**

Exciting times for Ether (ETH)! The cryptocurrency could be on the verge of hitting a new all-time high with the anticipated launch of the first US spot Ether ETFs next week. Matt Hougan, CIO of Bitwise, highlights three key reasons for this potential surge: ETH’s zero inflation rate, stakers holding firm unlike Bitcoin miners, and 28% of Ether supply already out of circulation.

Crypto analyst Leon Waidmann adds that $126M worth of ETH was withdrawn from exchanges this week, indicating massive accumulation ahead of the ETF launch.

However, the $3,500 resistance mark remains a significant hurdle, and Ether’s relative strength index (RSI) suggests the price needs to cool down before a sustained rally. Analysts predict a possible short-term sell-off post-ETF launch, similar to Bitcoin’s ETF debut, before ETH embarks on a steady climb.

Stay tuned as this development could also spark a broader altcoin bull market cycle.