Ethereum $3,276.7Bitcoin recently $104,158.6 And his performance is low compared to other subcoins. This creates questions about ETH’s future. Leading Altcoins (such as XRP and Solana) provide more than 25 %return on a monthly basis, while Ethereum pushes the patience of investors by losing 4 %. US President Donald Trump’s FED interest rate reduction calls, investors are hoping for the recovery of Ethereum.
Analysts’ Ethereum Target
The leading crypto analyst Credibull Crypto expressed his confidence in Ethereum’s long -term price tendency. Analyst said that he was a harbinger of a large rally by evaluating “high -time price movements as an important indicator.
“Eth will make a strong return in the coming months.” – Credibull.
Credibull expects the price to reach at least $ 10,000 after Ethereum’s current range. In addition, the cycle until the end of the $ 20,000 level is not a “reasonable” expectation, he said.
‘Ethereum Dead’ claims
The slimming in Ethereum’s performance led to a dominance of an atmosphere that pleases the bears in the markets. Testing 0.0300 levels of ETH/BTC parity causes an increase in negative opinions.
“With the collapse of ETH/BTC, everyone thinks he’s dead.” -Benjamin cowen.
Benjamin Cowen believes that the ETH/BTC parity can be reversed between the current market skepticism. Cowen suggested that the price recovery will be possible as the effects of quantitative tightening end.
Donald Trump Fed Works for Interest Discount
Donald Trump, in his speech to the leaders at the World Economic Forum, announced that he would pressure the Fed to immediately reduce interest rates. Given the inflation environment and the strong American economy, the FED plans to keep the interest rates high.
“I will demand that interest rates fall immediately. They also need to fall around the world. ” -Trump.
This move is seen as a positive development for subcoins such as Ethereum. Trump continues his plans to make the United States as a world crypto capital.
Recently, Trump’s Family World Liberty Financial Defi project has increased Ethereum accumulation. In the last purchase, the project purchased 3,001 ETH and 95 WBTC for $ 20 million. Such large purchases can trigger a potential increase in the price of Ethereum.
Ethereum ETFs
The interest in Spot Ethereum ETFs has also increased significantly. The investment tool has only exited once on the last eight trading day. The price of ETH was traded at the level of 3.288 dollars with a decrease of 3.26 %during the press time and the daily transaction volume decreased by 36 %below $ 22 billion.
In the light of Ethereum’s current market dynamics and Trump’s policies, there may be various opportunities and risks for investors. It is important to follow market developments closely in terms of making conscious investment decisions.
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 perform their operations in line with their own research.