Ethereum price expectations are bullish after recent events
A large number of market participants are optimistic about the future of Ethereum following the recent approval of the ETF, which excited ETH investors as soon as it was announced.
Price predictions are a hot topic among cryptocurrency traders, investors, and analysts. The overall sentiment is bullish, which reflects the current bullish trend seen in leading altcoins, especially in Ethereum.
Market analyst Miles Deutscher believes that the cryptocurrency is on track to double its current price. Sharing views on
According to an ETF expert, bulls could push the asset above its all-time high of $4,721, a level reached in November 2021.
“Bitcoin is up 75% in 63 days after spot ETFs were approved. If ETH follows the same trend, it will push it to $6,446 by July 23,” the analyst writes.