Expert Predicts Ethereum (ETH) Entry Points For Retail, Institutions, Hedge Funds - BitcoinEthereumNews.com
EthereumExpert Predicts Ethereum (ETH) Entry Points For Retail, Institutions, Hedge Funds08 / 01 / 2022Balita ng Ethereum ng Bitcoin The Ethereum (ETH) price skyrocketed last week, making a high of $1774 despite the U.S. Fed rate hike and negative GDP report. While ETH price is moving sideways with the fundamentals staying strong, crypto expert Raoul Pal asserts the Ethereum rally will continue over the $2000 level as hedge funds, retail and institutional investors look to jump in. Raoul Pal Believes Crypto Strong Amid Big Picture Macro Investment strategist and macroeconomics expert Raoul Pal in a tiririt on August 1 claims crypto will outperform other assets. Especially, Ethereum (ETH) looks stronger than Bitcoin (BTC) due to the Merge and rise in network activities. The general sentiment is that markets may retest low levels due to bad macro conditions. In fact, people who invest in cryptocurrencies had turned part of their crypto investments into cash. Raoul Pal noted that hedge funds, retail, institutions, and family offices are underweight on crypto. Ethereum (ETH) is likely to stay strong above the $1500 psychological level and rally higher. Hedge funds have already started pouring funds into Ethereum, making buy calls for ETH to break $1800 and reach the $2000 psychological