Ethereum has faced significant declines, currently around $3,200, but some analysts remain bullish, predicting potential rebounds and an all-time high of $8,000.
The upcoming launch of spot Ethereum ETFs, expected to attract $3-$5 billion in net inflows, could boost investor confidence and drive ETH’s price higher, similar to the impact seen with spot BTC ETFs earlier this year.that the price of the second-largest cryptocurrency “will bounce back hard,” meaning it currently offers a great “buy the dip” opportunity.The move might improve the asset’s market position, moving it closer to the leader Bitcoin , the analysis reads.
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