Ethereum price at 5K post ETF approval?

Its a great news update for us that we have now Ether ETF in place. This is great news for all of us because now it will open the door for more investors to be part of the market specifically institutional investors. After all, they like investing money this way. First Bitcoin and now ethereum approval for spot etf itself is a big news update in the market and I am anticipating that the next bullet market will be triggered by these components.

Currently, the Crypto market is in a stage where we can't say it is bearish but it is surely getting ready for the bull movement. The Bitcoin price has already crossed its last time all-time higher price and it's gearing up to make the next all-time high price which might happen by the end of this year. Now since we have etherium etf in place it is also expected that the price for etherium will also rise over the period.

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I am an investor and not a trader so I have been holding some ethereum for the last few years. This is because I believe in the project and we can't deny the fact that it is the coin for one of the most popular blockchain networks and projects prefer to go with the Ethereum network because of scalability and adoption in the market. Although we have many competitors in the market and they are claiming that they are compatible with Ethereum but still the market adoption for Ethereum is not going down.

Let's see how things turn up in the coming months and what price we are going to be for the Ethereum in the market but I am anticipating that in the next few months, $5000 would be possible for the Ethereum in the market However it is just based on some calculations and not a prediction.

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