Crypto traders are turning extremely bullish on Ether, with one saying it is going “much higher, far beyond your worst nightmares.”
Ether’s price is forming “structural changes,” indicating that a big move may be on the horizon. Some crypto commentators say it may retest its all-time high within the next seven days.
Bankless podcast host Ryan Adams said in a Dec. 9 X post that a new Ether (ETH) all-time high “could happen” within the next week. Ether’s current all-time high is $4,878, reached in November 2021.
If ETH were to hit a new high in the next seven days, it would need a 24% weekly gain from its current price of $3,946, according to CoinMarketCap.
