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Analyst: ETH may reach $20000 at the peak of the bull market cycle in 2025

2024-11-28 12:12

Odaily Planet Daily News: Vetle Lunde, head of research at K33 Research, stated that since Trump's election victory on November 5th, Volatility Shares' Ethereum Leveraged ETF holdings have increased by 160%. Volatility Shares currently holds over half of CME's open Ethereum contracts. Although Ethereum's price is lower than Bitcoin's, market participants expect this situation to change after the current ETH price slump. According to the latest technical chart patterns, some analysts predict that Ethereum may reach a peak of $20000 during the bull market cycle in 2025. ( Cointelegraph )

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