极道桃园 Analyst: The ETH price uptrend has begun, and it may reach a new all-time high within 1-2 weeks
Since ETH first broke the $4,000 mark since the end of 2024, market sentiment has risen again. Analyst Merlijn stated that the ETH price uptrend has begun, and the current highest target price may be set at $20,000. In addition, trader BitBull pointed out that due to massive short squeezes and institutional buying, it may be easier for the ETH price to reach new all-time highs. If the weekly closing price is above the $4,100 range, a new all-time high may appear within 1-2 weeks. It is reported that the previous high for ETH was around $4,875, which was set in November 2021. $ETH