Ethereum $2,659.9 The price continues to decline due to the general adverse weather in the crypto money market. Bitcoin $96,845.3 on the level of 95,000 dollars of trading on the attention of the attention. In addition to Ethereum, it is observed that other large crypto currencies have lost significant value in the last seven days. Experts point out that Ethereum recovered in the short term and argues that the rise in the long term is inevitable.
Ethereum price estimates and analyst opinions
Crypto money analysts say that the Ethereum price is traded below the current levels and offers the opportunity. Crypto Fella, one of the analysts, advised investors to be patient and said, “Patience will be rewarded”.
Some market commentators think Ethereum can reach $ 3,200 in the short term. The Analysis Platform Moralis shared an estimation that Ethereum could reach a level of $ 7,340 or higher in 2025. Cryptosahintas predicted that Ethereum could rise up to $ 20,000 in the future, based on past price movements. These estimates continue to attract investors.
Global developments and Hong Kong’s move
While global interest in Ethereum increased, Hong Kong’s acceptance of Ethereum and Bitcoin as evidence of assets in investment immigration applications was welcomed in the market. This decision is considered an important development in the crypto money market that can attract more investors.
Famous market analyst Michael Van de Poppe said that this development can trigger recovering in the Altcoin market. This step of Hong Kong increases hopes that Ethereum and other crypto currencies can be adopted by wider masses in the future. Global developments may affect Ethereum’s price movements positively.
Technical analyzes show that Ethereum’s rapid recovery in previous periods can repeat. This attracts the attention of long -term investors. Investors should close their strategies accordingly by following market movements.
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Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.