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Liquidity Flows Into Ethereum, Pushing the Price Towards $4000-A New ATH is Imminent Before The End of 2024

  • The price of Ethereum (ETH) is approaching $4,000, signaling a potential new all-time high (ATH) before the end of 2024.
  • Liquidity is flowing back into Ethereum, driving the price surge and suggesting a strong rally in the discovery phase.
  • The recent increase in institutional interest, including significant inflows into U.S. spot ETH ETF, is contributing to the price rally.
  • Technical indicators, such as the Golden Cross formation and increasing volume, support the belief that ETH will reach a new ATH above $5,000 by the end of 2024.

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