Pseudonymous analyst CrediBULL Crypto is projecting Ethereum to reach $20,000 or higher, a target he first mentioned three weeks ago when the token was trading near $1,500. According to him, Ethereum is completing a multi-year base against Bitcoin after roughly four years of underperformance, and is set to enter its first bull run since 2017. He anticipates a move toward $10,000 before a later wave pushes ETH above $20,000, provided support near $1,385 holds. Ethereum was trading above $1,900 at the time of writing, having gained nearly 4% in 24 hours and about 24% over the past month, while remaining 60% below its all-time high. Other market watchers share this bullish outlook, with Binance funding rates hitting their highest level in six months, signaling a shift in market sentiment.
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