He Said I’m Waiting For A Rally In Ethereum, Announced The Year-End Target Price!

Second largest by market value cryptocurrency There is a very short time left until the Merge merger in Ethereum.

Merge of the merger Ethereum (ETH) The effect on the price is still being discussed.

Some analysts after the merger ETH While some experts think that the price of ETH may improve, some experts say that the optimism in the ETH price Merge He believes that it will end with a price increase and that global macro conditions will put selling pressure on ETH.

In this context Arthur Hayes, founder and former CEO of BitMEX He said that he is among those who think that the rise in Ethereum will continue.

Speaking in a recent podcast, Hayes said: ETH’It claims that it continues to rise in the market and that there will be a rally in ETH by the end of the year.

Ethereum Former BitMEX CEO praising Ethereum as there will be a major infrastructure change with the transition of its network from PoW to PoS “As long as the merge is successful, streaming is guaranteed to Ethereum.” said.

Hayes, who is waiting for a rally on ETH, said:

“I think Ethereum will reach $3000 by the end of the year. Because ETH Merge merge can overcome the negative macro environment.

I’m not worried about the Fed either, because even if the FED raises rates by 20%, there will be a certain amount of demand for ETH to use dApps and the supply will decrease in turn. Demand remains constant while supply decreases. This increases the price of ETH.”

Arthur Hayes has also been in previous interviews. Merge He was saying that the merger would start a rally for ETH.