๐‚๐š๐ง ๐„๐“๐‡ ๐‡๐ข๐ญ ๐€ ๐๐ž๐ฐ ๐€๐“๐‡ ๐“๐ก๐ข๐ฌ ๐–๐ž๐ž๐ค?



ETH is only 26% away from a new ATH.

A few reasons I think this could happen this week.

1) ETFs buying

โ— This month, ETFs have 1.5M ETH, which is 1.3% of the total supply.

โ— If this buying continues, a new ATH is possible.

2) Companies accumulation

โ— Bit Digital has raised $1B to buy ETH and will probably do this week.

โ— SharpLink Gaming is also expected to buy $400M-$500M in ETH this week.

3) Network Activity

โ— Ethereum network activity is reaching 2021 highs.

โ— When fundamentals become strong, price usually follows.
ETH1.81%
THINK-4.39%
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