Will Ethereum surge to $4.5k before ETH ETFs go live?

Market analysts suggest the potential for Ethereum to reach as high as $10,000 in the current cycle.Ethereum Starting the week on a strong note, Ethereum recorded a 3.7% increase in the last 24 hours, pushing its price near the significant $4,000 mark, a considerable rise from recent weeks.Ethereum faces potential $4,500 targetthat Ethereum might reach $4,500 before the trading of its spot ETFs commences, potentially in July or August.

The enthusiasm around Ethereum’s future performance is palpable among investors and market spectators. from Santiment highlighted a surge in Ethereum’s price volatility, a metric that has significantly increased from its low in the past fortnight to a notable peak today.Notably, as the cryptocurrency’s price volatility is increasing along with its price, this indicates a period of heightened trading activity and interest, often driven by speculative buying.an uptick in the number of new Ethereum addresses, suggesting an expanding network of users.

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