# ETHHITS4800

🚀 Can Ethereum (ETH) Break $4,800? Here’s What You Need to Know! 📈 Price Potential:Historical High: ETH peaked at ~$4,850 in Nov 2021. A breakout above $5,000 is possible in this cycle. Key Catalysts:Spot ETF Approvals (Late 2024/2025 expected). Deflationary Supply: Over 1.2M ETH burned since the Merge (EIP-1559). Institutional Demand: BlackRock’s BUIDL fund and other tokenized assets. 💡 Why Ethereum? Bullish Drivers✅ #1 in Utility: Powers 70% of DeFi TVL, NFTs, and smart contracts.✅ Upgrades Galore: PoS (Merge), Dencun (cheaper L2s), and future scalability (Proto-Danksharding).✅ Strong Tok