In the first quarter of next year, ETH is expected to benefit the most among the four major cryptocurrencies, with the potential to reach a new high!
There are three reasons for this:
1. 10 IQ price fractal: BTC has risen 40% from its previous peak, while ETH is still 30% lower than its previous high. Although this doesn't hold much significance, both assets have ETF products, making it easy for the public to believe that ETH is cheaper than BTC (thus having greater upside potential);
2. Trump's pro-crypto government: This has always been most favorable 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 L2s on Ethereum, Base is the most prominent chain this year. With Coinbase's native distribution channels and AI-driven virtual agents, the value proposition offered by Base is very similar to that of Solana, undoubtedly categorizing it as a competitor. This creates natural demand for ETH as a foundational asset (since Base itself does not have its own token) and provides positive liquidity as ecosystem activities increase.
ETH is expected to break through and stabilize at $4000 as early as January next year and may create a historical high of $4800 in the first quarter. #ETH