Analyst: ETH may reach $20,000 at the peak of the bull cycle in 2025

Odaily News Vetle Lunde, head of research at K33 Research, said that since Trump's victory on November 5, the Volatility Shares Ethereum leveraged ETF has seen a 160% increase in positions. VolatilityShares currently holds more than half of CME's open Ethereum contracts. Although Ethereum is less expensive than Bitcoin, market participants expect this to change after the current ETH price downturn. Based on the latest technical chart patterns, some analysts predict that Ethereum could reach $20,000 at the peak of the bull cycle in 2025. (Cointelegraph)