$ETH Arthur Hayes: ETH Is His Second Largest Holding, Breaking $3,000 Could Rapidly Push It to $5,000
Arthur Hayes revealed that ETH is the second largest position in his portfolio, trailing only Bitcoin.
🔸 Hayes argues that since ETH has not yet surpassed its 2021 peak unlike other assets that have already staged breakouts its downside risk is significantly lower compared to other altcoins.
🔸 He predicts that once ETH crosses the $3,000 mark, a reflexive effect will rapidly drive the price above $5,000, making that year-end target "imminent."
👉 Insights from a veteran investor like Hayes are highly noteworthy. ETH is currently trading below its previous high while many other altcoins have experienced strong rallies, creating a "catch-up" opportunity should capital flow back in. Breaking the $3,000 level could provide a major psychological boost. However, keep in mind that this is a personal opinion, not investment advice.
💬 Do you agree with Arthur Hayes? Could ETH break out to $5,000 by the end of this year?
News is for reference, not investment advice. Please read carefully before making a decision.
Arthur Hayes revealed that ETH is the second largest position in his portfolio, trailing only Bitcoin.
🔸 Hayes argues that since ETH has not yet surpassed its 2021 peak unlike other assets that have already staged breakouts its downside risk is significantly lower compared to other altcoins.
🔸 He predicts that once ETH crosses the $3,000 mark, a reflexive effect will rapidly drive the price above $5,000, making that year-end target "imminent."
👉 Insights from a veteran investor like Hayes are highly noteworthy. ETH is currently trading below its previous high while many other altcoins have experienced strong rallies, creating a "catch-up" opportunity should capital flow back in. Breaking the $3,000 level could provide a major psychological boost. However, keep in mind that this is a personal opinion, not investment advice.
💬 Do you agree with Arthur Hayes? Could ETH break out to $5,000 by the end of this year?
News is for reference, not investment advice. Please read carefully before making a decision.