biggest altcoin Ethereum’a As investor interest increases, positive movements are experienced in the price.
At this point, analysts predict that with increasing investor interest and more positive crypto regulations expected in 2025 He predicted that ETH price could rise above $4,000.
Ethereum Price Will Increase to 4 Thousand Dollars by January 20!
According to the report of Block Scholes and Bybit Analytics analysts, Ethereum Its price is expected to exceed $4,000 by January 20, 2025.
This is happening thanks to increased investor interest and optimism about regulatory changes.
Analysts also said that open interest in Ethereum has increased greatly and has surpassed Bitcoin. Accordingly, ETH surpasses Bitcoin in open interest with $8.9 billion compared to Bitcoin’s $6.7 billion, indicating strong momentum.
Investor confidence in Ethereum increased after US SEC Chairman Gary Gensler announced his departure on January 20.
Therefore, all the data and dynamics could see Ethereum rising above $4,000 on January 20, before the inauguration of President-elect Donald Trump.”
Analysts finally ETH Pointing out that futures transaction returns have increased, he said, “Futures with a maturity of only 1 week are traded approximately 25% above the spot price at an annual rate. Institutions will also sell the futures contract to buy spot to bring the spot price to the futures price. This will push the spot price even higher. It has happened before in BTC. “This may indicate that there will be more institutional inflows into spot Ethereum ETFs, which could significantly increase the price of ETH.” he said.
Rising ETH futures returns and rising inflows into spot ETH ETFs, which saw $90 million in inflows on November 27, further support the bullish trend, according to analysts.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/ust-duzey-analistler-ethereum-fiyat-tahmini-acikladi-donald-trump-goreve-baslayincaya-kadar-bu-seviyelere-ulasir/