Summary: Traders are bullish on ETH as price begins to catch up with the tech

Ethereum Unleashed? ETH Eyes Breakout After Years of Slumber! Ethereum (ETH), the crypto world's second-largest asset, is finally showing signs of a monumental awakening after enduring a grueling three-plus-year slump. Traders and the broader community are now overwhelmingly bullish, with an astounding 89% expressing optimism. This dramatic reversal comes as ETH's price has surged over 20% in just the last week, signaling a potential end to its long period of underperformance. This resurgence is not accidental; it's fueled by a potent combination of positive technical signals, crucial network upgrades like Pectra, and unprecedented Ethereum ETF inflows that are attracting significant institutional interest. Prominent crypto trader Cas Abbé predicts Ethereum's dominance will aggressively push past 20% by Q3, while former BitMEX CEO Arthur Hayes boldly declared, "$ETH is choosing violence right now," highlighting its readiness for explosive growth as the "most hated coin" now primed for the fastest gains. Gone is the "ETH in crisis" narrative that saw prices plummet from nearly $4,900 to below $2,000, lagging behind Bitcoin and rival Layer-1s. Now, ambitious price targets ranging from $10,000 to $15,000 this cycle are being openly discussed. While volatility and fierce competition remain, the decisive shift in market mood, coupled with ETH breaking multi-year technical resistance, strongly suggests its price is finally poised to catch up with its groundbreaking technology. For the dedicated supporters who patiently weathered the storm, new highs are now being eyed with genuine, hard-won optimism.