DaoGovernanceOfficer
vip

Observing the current Crypto Assets market, it is not difficult to notice an interesting phenomenon: the price of Bitcoin has nearly doubled, while the performance of Ether has lagged relatively. Reflecting on when Bitcoin reached its peak of $70,000, the price of Ether was around $4,800. Based on this ratio, if Ether catches up with the rise of Bitcoin, its price is expected to climb to around $10,000, and this expectation is not unrealistic.



It is worth noting that recently, several large institutional investors, such as BlackRock, have begun to focus on and increase their holdings in Ether. This institutional backing will undoubtedly bring more market confidence and potential price support for Ethereum. From the perspective of investment returns, currently driving the price of Ether to rise may be more attractive than driving the price of Bitcoin to rise, as the former has greater upward potential.

Based on the current market trends and institutional investment directions, I personally believe that Ethereum reaching the price level of $8,000 this year is possible. This not only reflects the market's confidence in Ethereum's technology and ecosystem but also embodies the overall rising trend of the crypto assets market. Of course, investors should always remain vigilant and closely monitor market changes, as the volatility of the crypto assets market is still quite high.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Share
Comment
0/400
DaoTherapyvip
· 12h ago
All in
View OriginalReply0
TommyTeachervip
· 13h ago
Ethereum is the best in the world
View OriginalReply0
CryptoAdventurervip
· 07-16 21:50
Laughing to death, entering a position while trading futures again.
View OriginalReply0
BlockchainFriesvip
· 07-16 21:48
It's been terrible, relying solely on ETH has left me in financial ruin for two years.
View OriginalReply0
VitaliksTwinvip
· 07-16 21:43
I understand BlackRock's recent actions.
View OriginalReply0
PaperHandsCriminalvip
· 07-16 21:34
You want to trap me into buying the dip, right? Run when it breaks!
View OriginalReply0
LuckyBlindCatvip
· 07-16 21:27
I went all in on Ethereum this time!
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)