Ethereum set for a new year rally: Is $4,500 within reach?
\With Ethereum’s price holding firm above $3,400, the market is buzzing with speculation of a New Year rally that could send ETH soaring by 30%. Over the weekend, Ethereum saw significant buying pressure as investors rotated from Bitcoin. This shift, paired with Ethereum staking inflows of 59k ETH and net outflows from exchanges of 130k ETH, signals bullish sentiment.

Some analysts believe Ethereum could mirror its performance from early 2021, echoing previous market cycles. If the current trend persists, this top altcoin could challenge its yearly high of $4,093 and possibly breach its 2021 all-time high of $4,800.