📈 Let's analyze why $ETH will update its high in this cycle

From the current to ATH there are literally 32%. Why ETH will update its high is quite simple to cite a few news items for today:

1) GameSquare will buy Ethereum for $250 million. The company has expanded its strategy and focused on ETH

2) Next Monday they should announce the creation of the "Ether Machine" with $1.5 billion in ETH on the balance

3) SharpLink Gaming bought another 79,949 ETH last week, spending $258 million on them. Thus, in total, it has already accumulated 360,807 ethers

4) Macro investor unites its funds 10T Holdings and 1RoundTable Partners under a new brand – 50T. One of the main areas of the fund is investments in ETH and WEB3 infrastructure

Look at the Dow Jones chart in 1980. We have an absolutely identical structure, which ends with growth of ETH to $ 10,000. Large capital will not enter the market for hundreds of millions of dollars when the cycle is over or almost over. And certainly not in such a massive projection. I'm not even talking about dozens of large-scale triggers for growth, such as ETF staking. Ultimately, we see: Great potential for correction of $BTC dominance and mass purchase of ETH by whales and companies through OTC. We have already seen ETH grow twofold and from current prices we can see another twofold growth.