Prediction: If Bitcoin breaks through $300000 in this cycle, Ethereum is expected to rise to $10000

According to BlockBeats, on May 10th, Trend Research, a subsidiary of LD Capital, released its latest research report stating that Ethereum has long been believed to break through $5000. In an optimistic scenario, if Bitcoin breaks through $300000 in this cycle, Ethereum is expected to rise to $10000. Ethereum still has robust financial data and its position as the most important infrastructure for encrypted finance has not changed. The total TVL of Ethereum DeFi is approximately $60 billion, accounting for over 53% of the global DeFi market, and the market value of stablecoins is $124 billion, accounting for over 50% of the global stablecoin market value. The total AUM of the Ethereum ETF is $7.2 billion, and BlackRock's tokenized money market fund BUIDL has an investment scale of approximately $2.7 billion in the Ethereum ecosystem, accounting for 92% of its total assets. Based on the following potential factors, it is predicted that the price of Ethereum will reach $5000 in this cycle: The upcoming end of QT in the United States and further interest rate cuts; The new SEC chairman may bring breakthroughs in bills related to the promotion of tokenization and staking on the Ethereum chain; The management and roadmap restoration of the Ethereum Foundation, maintaining a certain degree of infrastructure innovation; Maintain a stable and growing on chain financial ecosystem.