Ethereum's performance during Bitcoin halving: Historically, after the third Bitcoin halving in May 2020, Ethereum prices rose 88.6% three months after the halving. While past performance is no guarantee of future results, the anticipation of Bitcoin halving generally promotes bullish sentiment across the cryptocurrency market, which may also benefit Ethereum.
Prediction: Ethereum may trade at around $3,660 around April 15, 2024, an increase from the current price. After the halving, Ethereum's price may reach an all-time high of more than $6,600 in September 2024.
Factors Affecting Ethereum's Outlook: Ethereum's bright prospects are supported by a variety of factors, including the transition to Proof of Stake (PoS), the reduction of ETH issuance, and the ETH destruction mechanism through EIP-1559, which increases deflationary pressure on its supply. In addition, Ethereum's ecosystem, supported by its successful Shanghai upgrade and expectations for further network improvements such as EIP-4844 (Proto-Danksharding), will improve transaction efficiency. Given these analyses, consider buying before Bitcoin's halving in April, and wait for Ethereum to reach a new all-time high of more than $6,600 as expected, or exceed $7,000, and then sell some of your holdings. #ETH🔥🔥🔥 #大盘走势 #