Ethereum is approaching key support at 2,400 USD, facing bearish indicators. Arthur Hayes expressed bullish views, predicting ETH will beat Solana over the next 18-24 months. Preston Van Loon emphasized upcoming upgrades to improve Ethereum’s appeal to institutions.
Technical indicators provide mixed signals for ETH, with potential resistance at 2,600 USD and 2,900 USD. Analysts predict a turning point for Ethereum, amidst a possible altcoin season, supported by increasing ETF investments and a favorable macroeconomic environment.
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