[Analysis] "Ethereum Expected to Reach 7,200 Dollars by March Next Year"

Ethereum (ETH) is expected to surpass its all-time high and reach 7,000 dollars. According to Cointelegraph on the 1st, analyst Van de Poppe stated through X (Twitter) that "Ethereum has gone through a preparation process over the past three years, confirming the support line of 3,800 dollars, and is expected to rise by 97% over the next four months." Specifically, he analyzed that "Ethereum's first target is 5,349 dollars, the second target is 6,457 dollars, and the third target is 7,238 dollars," adding that "such targets will be reached by the end of the first quarter next year, even if delayed." Additionally, there is a forecast that Ethereum could rise to as much as 10,000 dollars. Analyst Trader Wolf expects that "Ethereum could record between 9,000 and 10,000 dollars by May next year." As of 3 PM on the same day, Ethereum is trading at 3,686 dollars, down 0.15% compared to the previous day, based on CoinMarketCap.