Can Ethereum Hit New All-Time High Before February 2025?

A confluence of technical and on-chain indicators suggests Ethereum ($ETH) could hit a new all-time high ($ATH) in the next month or two. Supporting this outlook is Pectra, a developmental upgrade for $ETH’s blockchain and macroeconomic factors such as Trump’s inauguration. Here’s a breakdown of the key elements and how they could fuel this potential price surge for $ETH.