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Analyst: Ethereum's technical and fundamental aspects are in the best condition, predicting a rise to 5000 US dollars

Analyst: Ethereum's technical and fundamental aspects are in the best condition, predicting a rise to 5000 US dollars

Bitget2024/12/04 08:36
ETH+0.56%

On December 4th, crypto analyst Ansem posted on social media: From a technical and fundamental analysis perspective, Ethereum is currently in the best state of this cycle: ETH/BTC has stabilized at the key support level of 0.03; The regulatory environment is improving, which may welcome ETF collateral products; The new generation Layer2 is about to go online, with Base and Virtuals performing strongly. It is expected that the price of Ethereum could break through $5000.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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