ETH has once again surpassed $4100, reaching its highest level in 3 years! Analysts believe it may break $5000 next year, and the opening of Ether ETF stake is the key.

Analysts believe that one of the key factors for Ethereum to achieve the next bullish phase is to increase regulatory transparency, especially in the stake regulatory category. At the same time, if the rise in Ethereum's supply can continue to slow down, ETH's historical high will also be achieved shortly, rising to above $5,000 next year. (Background: Ethereum is in trouble? Solana Raydium's volume surpasses Uniswap for two consecutive months, and the Ethereum ecosystem has a net outflow of $1.2 billion in a single month.) With BTC reaching a historical high of $107,000 again, Ethereum also reached a high of $4,108, the highest in nearly three years (the historical high of ETH was $4,871 in October 2021). However, selling pressure emerged afterwards, and at the time of writing, it has fallen to $3,989, up 0.12% in the past 24 hours. The Ethereum to BTC Exchange Rate has risen to 0.03747. According to TradingView data, the current ETH/BTC Exchange Rate has risen from a low on November 21 to 0.03747, a 10.55% rise in the past month. Analysts: To further bullish, ETH needs to increase stake regulatory clarity. We know that after Trump won the U.S. election last month, while BTC repeatedly reached historical highs, including old altcoins such as SOL and XRP also refreshed their historical highs. However, as the second largest cryptocurrency, Ethereum is currently about 20% below its historical high. Regarding the bullish momentum of Ethereum, BIT Mining's Chief Economist Youwei Yang recently stated that one of the key factors for achieving the next bullish phase is to increase regulatory transparency for Ethereum, especially in the stake regulatory category. The current Ethereum Spot ETF has not been allowed to stake the ETH it invests in, which was a concession made by the issuer due to regulatory uncertainty. With Trump's return, people optimistically believe that after his inauguration, he will provide clear guidance on the regulation of Cryptocurrency, including Ethereum's stake. This may pave the way for institutional and TradFi participants to adopt Ethereum, enhancing the attractiveness of ETH as a long-term asset that can generate income. CryptoQuant: ETH is expected to exceed $5,000 next year. In addition, CryptoQuant analysts recently pointed out that although the total supply of ETH is at its highest level since April 2023, the amount of Ethereum burned through Money Laundering has been rising since September, indicating that the supply of Ethereum is tending to slow down. If this supply and demand dynamic can continue, CryptoQuant expects ETH to set a new historical high shortly and rise to above $5,000 next year. Related reports: Ethereum bullish signals: Spot ETF has been in net inflow for 10 consecutive days, and ETH whales have entered the market again. Expert: Institutions are just beginning to show interest. Vitalik Buterin interviewed in Chinese: reminiscing about the Ethereum China story, cultural differences between ETH and BTC, and how the Russia-Ukraine war changed me... Uniswap's Ethereum L2 monthly volume hits a historical high, analyst: the demand for Decentralized Finance is returning, UNI rose more than 35% in a week. (ETH once exceeded $4100, reaching the highest in 3 years! Analyst: It is expected to exceed $5000 next year, and the opening of the Ethereum ETF for staking is key) This article was first published on BlockTempo, the most influential blockchain news media in the dynamic zone.