#ETH can't be smashed anymore? Smart money has quietly bought the dip, targeting $5000 by the end of the year!

ETH fell from $3000 to $2500, which seems like a crash, but it’s actually just smart money creating panic for a washout. On-chain data shows that whale wallets have been continuously accumulating in the 2300–2500 range, acquiring over 80,000 ETH in just 48 hours, amounting to approximately $200 million.
There are three main reasons: first, the Federal Reserve is shifting to a dovish stance, inflation is easing, and the weakening dollar is beneficial for ETH; second, the upcoming EIP-7702 and the progress of Danksharding testing on Ethereum are going smoothly, which releases positive news for scaling; third, the crypto market is entering the pre-election phase in the United States, and crypto policies will become a focal point in the election campaign, with ETH being the largest beneficiary among "non-Bitcoin" assets.
From a technical chart perspective, ETH has just completed the ABC correction wave. After holding the support at 2500, it will embark on a new round of major bullish wave. If it stabilizes above 2700, 3000 is merely a midpoint, and heading straight towards 8000 USD by the end of the year is not a fantasy, but a consensus driven by structural factors.
#BTC #PI #DOGE #山寨行情即将到来吗