Citigroup has projected that Ether (ETH) could decline to 4,300 USD by year-end, down from its current value of 4,515 USD. The bank also outlines a bull case at 6,400 USD and a bear case at 2,200 USD.
The analysis highlights the importance of network activity, especially on layer-2 solutions, which are believed to contribute only 30% to Ether’s valuation. Despite limited ETF flows, macroeconomic factors are expected to provide minimal support.
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