Ethereum ETF approval anticipation has further proven that this industry is based on speculation. This news has positioned the market on a positive trend and has propelled Eth to over $3400 with other tokens following the trend while the mother of all coins has surpassed $66k. Similarly, crypto exchanges like #Bitget have started gearing up with campaigns organized to encourage traders to trade more ETH. Could this be the reason for the recent price trend?
Lately, analysts have predicted that Eth will surpass $5k after ETF approval, $8k before the US election, and soar as high as $23k after the election. Don’t forget the volatility in the market and the fact that Eth has broken $3,349 resistance with
#3150 support still looking very strong. Could this prediction really come to pass?