Analyst: Powell's speech causes market volatility, over-the-counter trading platforms are optimistic about ETH demand

According to news from Hash World, based on the prediction from Sam Gaer, Chief Investment Officer of Monarq Asset Management's Directional Fund, the price of ETH is expected to break through $5,000 in the coming days. The market remains positive internally, with no signs of overheating, and both BTC and ETH may create historical highs. Powell's dovish remarks have helped to some extent in breaking through the $5,000 threshold in the short term. Meanwhile, as many SPAC transactions announced this summer have ended or exited, coupled with the continued inflow of institutional and retail funds, the demand for fall treasury investment tools is also expected to increase. Compared to BTC, the demand for ETH from over-the-counter trading platforms and market makers is stronger, indicating that its market performance may be even more outstanding in the future.