#ETH Analyst: ETH may reach $20,000 at the high point of the Bull Market cycle in 2025
Odaily Planet Daily K33 Research Director Vetle Lunde said that since Trump's victory on November 5th, Volatility Shares ETH Leveraged ETF has seen a rise in positions of 160%. VolatilityShares currently holds over half of the ETH futures contracts on CME that have not been closed. Despite the price of ETH being lower than BTC, market participants expect this situation to change after the current downturn in ETH price. According to the latest technical chart patterns, some analysts predict that ETH may reach a high of $20,000 in the 2025 Bull Market cycle.
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#ETH Analyst: ETH may reach $20,000 at the high point of the Bull Market cycle in 2025
Odaily Planet Daily K33 Research Director Vetle Lunde said that since Trump's victory on November 5th, Volatility Shares ETH Leveraged ETF has seen a rise in positions of 160%. VolatilityShares currently holds over half of the ETH futures contracts on CME that have not been closed. Despite the price of ETH being lower than BTC, market participants expect this situation to change after the current downturn in ETH price. According to the latest technical chart patterns, some analysts predict that ETH may reach a high of $20,000 in the 2025 Bull Market cycle.