📈 Ethereum's Rollercoaster: Will It Hit New Highs by 2024? 🚀

Despite some analysts throwing cold water on Ethereum's chances of hitting new all-time highs by 2024, traders are still optimistic. Nick Forster, founder of Derive, says ETH is struggling to compete with tech stocks. But hey, spot Ether ETFs launched on July 23, so there's hope!

- Ethereum's up just 0.98% this year, trading at $2,376.

- Tech giants like Nvidia and Meta are soaring with 122.57% and 49.26% gains, respectively.

Forster believes three major events could boost ETH: a Trump win, aggressive Fed rate cuts, and increased global liquidity. But beware, a smaller rate cut could spook the market.

Crypto trader Titan of Crypto sees a rally on the horizon, thanks to RSI signals. Fellow trader Yoddha is confident ETH is "getting ready for five figures."

What do you think? Will ETH soar or stumble? Drop your thoughts in the comments! 💬

*Disclaimer: This isn't investment advice. DYOR!