Swyftx analyst: Multiple factors are expected to help ETH reach new highs this year

2024/07/24 14:05

Odaily News Pav Hundal, chief market analyst at Swyftx, believes that although the price of ETH barely moved on the first day of trading for the Ethereum spot ETF, it could still hit a record high this year. If the Ethereum community is looking for another reason to put it back in the spotlight, the unexpected should be expected. It has unprecedented factors. Everyone is looking forward to any good news. He cited the large amount of ETH currently staked and the recent launch of ETFs as two major factors, in addition to the positive sentiment in the options market. Hundal did not specify an exact price forecast, but he believes that ETHs near-term goal is to return to its all-time high of $4,890 set in November 2021. However, he expects that its price may fluctuate in the next 30 days. (Cointelegraph)

原文链接
Latest news
09:23
Mubarak surges over 150% after CZ posts on Binance Square
09:06
Hyperliquids 50x leverage whale closed its LINK position at a loss of $1.27 million, and now shorted BTC at 40x leverage, with a liquidation price of $85,158
08:35
The U.S. Senate passed a spending bill, essentially eliminating the risk of a government shutdown
08:23
Coinbase Derivatives Trading Platform Plans to Launch NGS and ADA Futures, Expected to Launch on March 31
08:19
Bitwise Strategist: MicroStrategy Stock Is the TradFi Equivalent of “Altcoins”
Recommended Reading