#ETH Hits 4800# #ETH#

ETH to $4800? Why I Believe the Bull Run Is Just Getting Started

Ethereum is showing strong signs that it could break through the $4800 level soon. We’ve seen ETH climb steadily from the recent low near $2300, and now it’s trading above $3700 with strong momentum. The chart is forming a clear rising channel, and ETH has been respecting all key support levels, especially the 20-day and 10-day EMAs. This is often a sign that the trend is still healthy, and buyers are not backing off yet.

But it’s not just the chart that looks strong. Ethereum has more than just price going for it. The number of active wallets is rising, and we are seeing consistent withdrawals from exchanges. That means more people are choosing to hold ETH instead of sell it. When people are moving their ETH to cold wallets, it usually means they’re expecting higher prices ahead.

My personal strategy is simple. I’m buying on dips when price touches the lower part of the channel or near the 10-day EMA. I’m not trying to catch every move but instead focusing on strong entry points. My plan is to take profits around $4200, $4500, and then finally $4800. If ETH can stay above $3650, I believe we have a real chance to see a move toward $4800 this quarter.

Ethereum also has real fundamentals behind its growth. With ETH 2.0, gas fees are becoming more stable, and more people are using the network again. We are also seeing more DeFi projects returning, and NFT activity is picking up slowly. ETH continues to be the heart of the crypto world, and in every bull cycle, it usually moves right after Bitcoin takes the lead.

So can ETH hit $4800? I believe yes, not just because of charts or hype, but because of strong use cases, growing community support, and long-term demand. As long as the volume stays healthy and we don’t lose the trend line, $4800 is not far away.