These are the ideal target zones for Ethereum this cycle. The first zone could very easily be the main top, so we will be watching this relative to btc. This forecast strongly depends on ETH not going lower than our local low at $1507. If it did (which i can't prove) then we will have to scrap everything and re-asses. Ideally, it should not. Most institutional investors or whales got into ETH it's early days for it's yields. However, now, bond market yields exceed ETH and they are the safest asset. Except that changes, perhaps with serious large scale RWAs on ETH (unlikely right now or this cycle), we have to be more conservative with our ETH ideas. ps: the main reason why an institutional investor would prefer eth to btc is it's yields.
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