🚀 ETH price may reach $5000 if Ethereum-ETF is approved
This was stated by analysts of QCP Capital.
📊 According to the experts' forecast, the short-term goal for the asset is $4000. There is a probability of development of a negative scenario.
The price may fall below the psychologically important mark of $3000 if there are problems with the launch of ETH-ETF.
💎 In any case, QCP Capital experts believe that the growth of volatility of the second capitalization cryptocurrency is inevitable regardless of the SEC decision.
The total open interest in ETH futures has reached a record level of $14 billion. Since the beginning of the year, the figure has increased by 40%, indicating a growing interest in trading.
