Cryptocurrency analyst il Capo believes that Ethereum (ETH) is showing signs of optimism despite recent criticism and sales by the Ethereum Foundation. The analyst predicts that the next support level for ETH could be between $1,900 and $2,200, and a local bottom may form in this range. However, il Capo's ultimate target for Ethereum is still the all-time high price level and even above $5,000, which could potentially trigger an altcoin season.



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