Bernstein Reveals: $ETH's 45% Surge is Just the Beginning; The Blockchain Financial Cycle Will Ignite a Trillion-Dollar Capital Feast!
1. Bernstein's Core: The 'Underlying Logic' of Ethereum's Surge
Explosion Signal. Three Major Drivers:
Legalization of Stablecoins: After the U.S. 'GENIUS Act', stablecoins become 'digital cash', with Ethereum accounting for over 70% of the global stablecoin circulation, resulting in a surge in demand. Institutional Allocation Revolution: BlackRock holds over 1.35 million ETH, whales like Grayscale and Sun Yuchen are increasing their positions, making ETH an 'institutional standard'. Technical Upgrades Ignite Utility: Hardcore upgrades like the Hoodi Testnet and Prague Upgrade solve performance bottlenecks, providing trillion-dollar carriers for DeFi, NFTs, and RWAs.
2. Data Explosion! Ethereum Ecosystem's Main Uptrend
Price and On-chain Data: ETH has risen over 30% in the last 30 days, with total locked value reaching $200 billion, staking volume exceeding 30 million, and institutional holdings accounting for over 60%.
DeFi and NFT Recovery: DeFi trading volume increased by 28% quarter-over-quarter in Q2, NFT trading volume surged by 78% against the trend, and RWA-type NFT trading volume skyrocketed by 29%.
ETF and Staking Returns: Fidelity's FETH saw a net inflow of over $20 million in a single day, with staking annualized returns reaching 30%-50%, and Meitu's holding returns at 145%.
3. Future Outlook: Can ETH Break Through $4000?
Bernstein predicts that if ETH breaks through the resistance level of $3750-$3900, it will shoot straight to $4000. Key Catalysts:
Federal Reserve Rate Cuts: Declining interest rates drive a surge in demand for risk assets. Layer 2 Ecosystem Explosion: Rollup solutions like Optimism and Arbitrum increase transaction speeds by five times. Clarification of Regulations: U.S. stablecoin legislation solidifies Ethereum's position, accelerating the realization of cross-border payment scenarios.
Tap the profile picture, follow me, and don't miss any updates on the latest news! Join the bull market feast!
