Massive Ethereum (ETH) Price Surge Appears to Be Imminent As Volatility Reaches Extreme Lows: Analyst

The crypto analyst believes a major price surge could be coming for Ethereum

As the backbone of the decentralized finance sector, Ethereum holds the key to a treasure trove of possibilities. A surge in its price could have a ripple effect, causing waves of change to the broader cryptocurrency market. It's no surprise that investors and traders will undoubtedly keep a close eye on Ethereum's price moves in the coming weeksі.

Sorout mentioned that this is only the fourth time in history that the DCA indicator is suggesting a raging bull market for Bitcoin. However, it is still unclear how far this rally will go, as the bellwether cryptocurrency still has a long way to go before reclaiming its previous all-time high of $69,000.

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