Ethereum: A pullback may be a good opportunity to enter the market, and it is expected to hit $8,000 after March?

Recently, the upgrade dynamics of Ethereum have become the focus of the crypto market. According to the key information disclosed in the latest developer conference:

Its fifth test network is scheduled to be officially launched in early January, which is very likely to serve as the final test link of the Prague upgrade and lay a solid foundation for subsequent major upgrades.

The highly anticipated Prague upgrade is expected to be successfully completed in March, which undoubtedly injected a shot of adrenaline into the Ethereum market. The market expects that the warming mode will be started in advance from January, which will strongly boost the price of ETH.

It is worth noting that the investors behind the WLFI project, with the help of the Trump family, accurately seized the opportunity of the market crash and decisively absorbed ETH at a low level.

Such an operation undoubtedly sent a clear signal to the market: professional investors have full confidence in the long-term development prospects of Ethereum.

The current pullback trend of Ethereum may be presenting investors with a precious "last train ticket".

Some radical views even boldly predict that with the improvement of the Ethereum ecosystem, the price of ETH is expected to break through the $8,000 mark in three months.

Admittedly, such expectations are quite risky, but considering the strong support of fundamentals and the surging market sentiment, Ethereum does have the potential to start a new round of strong upward trend.

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