@lailas
QCP Capital: Market expects Ether to rise to $4,800.
According to analysts at QCP Capital, the options market expects Ether to break through the $4,000 level and reach $4,800, despite uncertainty regarding the timing of the approval of spot ETH exchange-traded funds (ETFs). QCP Capital believes that the bullish trend is supported by several market developments, including the fact that the US Securities and Exchange Commission (SEC) has completed its investigation into the status of ether and will not bring charges of unregistered securities sales. In addition, issuers of Ethereum ETFs have already received comments from the regulator and will provide their responses within a few days, which supports positive sentiment in the market, QCP Capital experts noted.
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