Pentoshi indicates Ethereum could achieve new all-time highs soon

Pentoshi forecasts ETH could reach new highs: Pentoshi predicts Ethereum (ETH) may soon establish new all-time highs. The current trading near 4,015 USD and a recent 5.1% increase support optimistic market sentiment, driven by heightened demand for ETH exchange-traded funds (ETFs).

Surge in demand for ETH ETFs boosts confidence: The increasing inflow of funds into ETH ETFs suggests a strong demand that may elevate ETH’s valuation. Notably, current inflows exceed past trends, positioning ETH as a competitive player against Bitcoin’s dominance in the market.