The current market for Ethereum has not yet seen a single-day increase of 30% or 40%, but once it starts, the surge could be very rapid. The process of Bitcoin rising from $60,000 to $100,000 could take only a week, with some days seeing single-day increases of even $10,000. Since Bitcoin whales can drive prices up so dramatically, the upward potential for Ethereum should not be underestimated.
At present, the whales need to accumulate enough low-priced chips first. In the past few months, whales have been more inclined to position themselves in Bitcoin, while recently, the inflow of ETF funds into Ethereum has significantly increased, providing support for future rises. Ethereum rising to $10,000 is just a starting point, but at the key point of doubling from the previous high of $4,800 to the current price, one should be mindful to reduce positions in a timely manner to guard against sudden pullbacks.
