ETH Holders, Brace Yourselves: The Wait for New Highs Just Got Longer 🚀⏳

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Oh great, Ether (ETH) holders, gather ’round because the “new all-time high” rollercoaster has turned into more of a kiddie teacup ride. Despite ETH being just a stone’s throw away from its record price, analysts are like, “Hold your horses!” 🐴 Analyst Jake Kennis basically said, “Yeah, we’re gonna chill here for a bit,” because apparently, after a massive rally, crypto likes to take a nap. Classic. 😴

But hey, don’t lose hope yet! Traders are crossing their fingers that ETH will hit new highs any day now. On Thursday, it got as close as $4,779-just 2.07% shy of its ATH. Then Friday came along and was like, “Not so fast!” pulling it back to $4,630. Still, crypto trader RealMissNFT optimistically asked, “What day will we break this?” Spoiler alert: No one knows. 🤷‍♀️

Here’s the good news (or bad news if you hate positivity): Kennis thinks the price won’t tank as long as institutions keep funnelling money into ETH ETFs faster than they do BTC. Yup, you heard that right-Ether ETF inflows have been outpacing Bitcoin’s recently. Monday even saw spot Ether ETFs having their biggest net inflow day ever, raking in a cool $1.01 billion. Corporate treasuries also joined the party, boosting holdings to $13 billion. So maybe there *is* hope after all? 🎉💸

But wait-it wouldn’t be crypto without some good old-fashioned division among traders. Bitwise CIO Matt Hougan claims Ethereum’s narrative problem is solved thanks to treasury companies packaging ETH in ways traditional investors can understand (finally, something Wall Street gets!). Meanwhile, Kennis predicts new highs within weeks or months-but only if those bullish flows hold steady. 📈

Of course, others are less patient. Crypto trader Ardizor boldly declared on Thursday, “ETH is set to hit ATH in DAYS.” Days! Not weeks, not months-DAYS. And let’s not forget Pentoshi, who confidently tweeted about a “new ATH in the very near future” just last week. Over on Polymarket, bettors think $5,000 ETH by the end of August is a solid possibility, giving it 65% odds. Bold move, folks. Very bold. 💸🔥

Meanwhile, sentiment platform Santiment dropped this nugget: Retail traders don’t believe the rally will last. But guess what? That doubt might actually be pushing prices higher because markets love proving people wrong. It’s almost poetic… or maybe just chaotic. Either way, strap in, ETH holders. This ride isn’t over yet. 🎢✨

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2025-08-15 09:38