What can happen to the price of Ethereum?

In an analysis evaluating the consequences of the approval of the Bitcoin ETF, Bitget analyst Ryan Lee assured that "in an optimistic scenario, ETH could test the range of $3,000 to $3,500 on the upside. Depending on fund activity, market, it is expected to range mainly between 1,800 and 3,000 dollars"

However, for the long term, the expert left a forecast that may excite investors: "It can be anticipated that the combined efforts of the market will lead ETH to reach all-time highs in 2024, exceeding $4,900 and pushing the price even further. minimum of the new ETH cycle to the range of 2,500 to 3,000 dollars.