It is expected that among the four major mainstream coins, ETH will benefit the most in the first quarter of next year, with hopes of hitting a new high!
There are three reasons for this:
1. 10 IQ price fractal: BTC has increased by 40% from its previous peak, while ETH is still 30% lower than its previous high. Although this doesn't mean much, both assets have ETF products, and it's not hard for the public to believe that ETH is cheaper than BTC (thus having more room for growth);
2. Trump's pro-crypto government: This has always been most beneficial for utility/smart contract-related assets. We have already seen some DeFi assets (AAVE/UNI) perform well in anticipation of this, but the asset that benefits the most is undoubtedly ETH. Trump's WLF has not done anything on Solana but has continuously acquired Ethereum-based assets, and I believe this will only continue;
3. Base ecosystem development: Among all L2 on Ethereum, Base is the most prominent chain this year. With Coinbase's native distribution channels and Virtuals-driven AI agent organic development, the value proposition provided by Base is very similar to that of Solana and can undoubtedly be classified as a competitor. This creates natural demand for ETH as a foundational asset (as Base itself does not have its own token) and provides positive flow with the increase of ecosystem activities.
It is expected that ETH will break through and stabilize above $4000 as early as January next year, and may create a historical new high of $4800 in the first quarter.
