💎 Ethereum’s ATH Quest: The L2 Supercycle? 💎
As we navigate the final weeks of 2025, the question on every trader's lips is: Can Ethereum finally reclaim its All-Time High? While Bitcoin has been hogging the spotlight, ETH is currently trading at $3,045, showing a quiet but fierce accumulation phase.
📉 The Market Reality
The previous ATH of $4,891 feels like a distant memory, but the fundamentals have never been stronger. We aren't just looking at a "coin" anymore; we’re looking at the settlement layer of the world. 🌍
* Ethereum (ETH): Despite being down 40% from its peak, the leverage ratio on Binance just hit a record 0.611, signaling that big players are loading up for a squeeze. 📈
* Solana (SOL): Trading at $126, SOL is the main "ETH-Killer" rival, yet Ethereum still holds 63% of all DeFi value. The Lindy Effect is real. 🛡️
* Arbitrum (ARB): Sitting at $0.19, ARB is the secret weapon. As Layer 2 adoption explodes, ETH becomes scarcer through the burn mechanism. 🔥
The Verdict: While the road to $5k is steep, the institutional "buy the dip" sentiment is palpable. Watch for a liquidity surge in Q1 2026. Stay patient, stay cold-blooded. 🧠
