Liang Xi has seen ETH at 5,000, so awesome
On May 20-21, the market experienced a strong recovery, with the prices of Big Bread and Second Bread rising by 6% and 17%, respectively.
The price of Second Bread rose from $3,080 to over $3,600, becoming the driving force of market changes, and this strong rebound may be related to the potential approval of Ethereum futures ETFs.
The change in market sentiment may be due to the market's expectations for the potential approval of Ethereum ETFs, as well as signs of an overall recovery in the cryptocurrency market.
In short, Ethereum's surge since May 16, 2024 is the result of a combination of factors. Potential ETF approvals, changes in market sentiment, and forecasts from analytical agencies are all driving ETH prices higher. This strong rebound may be a sign of an overall recovery in the cryptocurrency market, and also indicates the market's expectations for the potential approval of Ethereum ETFs.
ETH is quickly reaching 5000, I am firmly holding
