Dr. Sean Dawson, the Head of Research at DeFi protocol Derive, has made a bullish prediction for the price of Ethereum, stating that it could rally to as high as $12,000 by the end of the year. He attributes this potential surge to factors such as the Pectra upgrade, increased adoption, Donald Trump's presidency, and a surge in ETF inflows. Dawson believes that the success of the Pectra upgrade, along with a regulatory-friendly environment under the new US president-elect, could contribute to Ethereum's growth. However, he also cautions that if Ethereum fails to attract institutional interest and loses ground to other competitors like Solana, the price could drop to as low as $2,000. Other crypto analysts have also expressed a positive outlook for Ethereum, highlighting bullish chart patterns and the potential for a new all-time high. Currently, Ethereum is trading at around $3,300.



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