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Ethereum Price Hits $4000: What’s Next? Top Analyst Predicts $6,800

  • Ethereum has crossed the $4,000 mark, signaling a major milestone.
  • Analyst predicts a target range of $6.8K to $8.5K for Ethereum based on Fibonacci retracement levels.
  • Key drivers for Ethereum's growth include Layer 1 revenue growth, Layer 2 competition, and the upcoming Dencun upgrade.
  • Growing institutional interest with $2.6 billion flowing into Ethereum since the launch of Ethereum ETFs in July.

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