Lee & Hayes dey predict say Ethereum go reach $10,000 by the end of di year
Fundstrat founder Tom Lee and BitMEX co-founder Arthur Hayes still dey bullish for Ethereum. For one Bankless podcast, both set year-end target of $10,000, with Lee push am reach $12,000. Dem talk say Ethereum don comot from four-year consolidation after im $4,878 2021 high and dey enter fresh price discovery phase. Even though recent $19 billion crypto liquidation happen, dem see strong fundamental catalysts like protocol upgrades. Historical Q4 average gain of 21.36% fit push Ethereum go around $5,000, but market momentum and upgrades fit drive am well well higher.
Bullish
Di joint forecast dem wey Lee and Hayes do dey show strong bullish feeling for Ethereum. Their high target and belief say Ethereum dey enter new price discovery phase, wey upcoming protocol upgrades go support, fit boost traders confidence. For short term, expectation say price go rally by year end fit make people buy more, while long term view about breaking past historical highs dey highlight sustained momentum. Even after big liquidation happen, strong fundamentals still dey suggest say upward pressure on Ethereum price go continue.