Su Zhu: If Ethereum spot ETF is approved, Ethereum will rise to $5,400

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Bitget2024/05/21 07:19

ChainCatcher news, Su Zhu stated that if the Ethereum spot ETF is approved, ETH will rise by 80% from $3,000 to reach $5,400. Bitcoin will also rise to $80,000 (with an ETH/BTC exchange rate of 0.0675), which would be a new high for the price of ETH.

In previous news, Su Zhu mentioned in X: "Compared to the ETF itself, today's price trend shows more funds waiting on the sidelines and ready to buy at any catalyst appearance. Even if the ETF is rejected, although it may take longer time, prices will eventually rise. This is predetermined certainty based on research."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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