As Donald Trump's inauguration approaches, Ethereum's price is demonstrating strength, having surged today. Multiple analyses predict Ethereum may experience a strong "up-only" rally soon. A key on-chain metric suggests the price of ETH could soon surge to $7,000, potentially correcting the mean.
The article indicates that significant developments and predictions align, suggesting Ethereum is on the brink of substantial upward movement. This potential price leap highlights how the cryptocurrency market often reacts to major political and economic events.