Direct answer
Layer-2 activity and staking flows could drive Ethereum higher.
Most likely bullish catalysts
Layer-2 activity surges
Improving layer-2 activity surges can support a stronger bid in Ethereum.
Staking flows increase
Improving staking flows increase can support a stronger bid in Ethereum.
Risk sentiment improves
Improving risk sentiment improves can support a stronger bid in Ethereum.
What confirms the rally
- Confirm the move is supported by layer-2 activity rather than a thin short squeeze.
- Check whether leadership across related crypto markets is also improving.
- Only trust continuation if the chart holds gains after the first impulsive push.