🚀 Eric Trump responds to critics as Ethereum rises to $4,696
Eric Trump, the son of the pro-cryptocurrency American president, responded to criticisms regarding his recommendation to buy Ethereum in February after the price of ETH has risen significantly recently.
In February, Eric encouraged investors to buy ETH at a price of $2,919.
By June, the price had dropped to $1,573, which drew mockery from some commentators.
Currently, Ethereum has returned to $4,696, achieving a 54% increase over the past month, approaching its highest level of $4,891 in November 2021.
📈 The rise is driven by a surge of large investments in ETH ETF funds and increasing demand from institutional treasuries, including BitMine Immersion Technologies, which owns 1.2 million ETH.
🔮 Upcoming predictions: Some analysts believe that Ethereum could rise to $7,000–$13,000 if it continues to break through recent resistance, indicating the possibility of a new bullish wave.
In your opinion, is this rise a new buying opportunity or just a correction after the previous decline?
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