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On-Chain Analysts Water Down Ether Bulls $5,000 Price Expectations This Year
- Crypto options platform Derive lowers expectations of Ethereum (ETH) hitting $5K by Dec 27, now less than 10% chance.
- Lower market sentiments and recent whale movements impact bullish outlook for ETH.
- Ethereum currently stands at $3,288, 40% away from the $5K target.
- Increasing inflows into ETH ETFs and positive market factors provide optimism for future growth.
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