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Ethereum Looks Cheap – Standard Chartered’s Kendrick Reaffirms $7,500 Target
📊 Geoffrey Kendrick, Head of Crypto Research at Standard Chartered, has once again shared his bullish view on Ethereum. According to him, ETH and associated treasury firms are “cheap” at current levels.
🔮 Kendrick reiterated that Ethereum (ETH) could reach $7,500 by the end of this year.
💡 His analysis highlights the growing utility and strength of the Ethereum ecosystem, with strong developer activity, DeFi growth, and tokenized treasury markets playing key roles.
👉 While many are still uncertain in the current market, Kendrick believes ETH offers strong long-term value.
🔖 What do you think? Could ETH really touch $7,500 before the end of 2025?
Please🙏 Follow Me ❤🌹
#ETHPrice #Ethereum #GeoffreyKendrick #CryptoNews
$ETH
🔮 Kendrick reiterated that Ethereum (ETH) could reach $7,500 by the end of this year.
💡 His analysis highlights the growing utility and strength of the Ethereum ecosystem, with strong developer activity, DeFi growth, and tokenized treasury markets playing key roles.
👉 While many are still uncertain in the current market, Kendrick believes ETH offers strong long-term value.
🔖 What do you think? Could ETH really touch $7,500 before the end of 2025?
Please🙏 Follow Me ❤🌹
#ETHPrice #Ethereum #GeoffreyKendrick #CryptoNews
$ETH
ترجمة
$BTC Sell-Off Likely 'Complete', Rally Into Year-End Still in Play: StanChart Analyst
Bitcoin’s latest downturn may be close to finishing, according to Geoffrey Kendrick of Standard Chartered. He notes that this dip represents the third significant 30% correction since spot $BTC ETFs launched in the U.S. last year.
Key market signals — including MicroStrategy’s adjusted NAV — have fallen to zero, indicating that sellers may be exhausted.
The analyst added that a year-end rally remains his primary expectation.Bitcoin’s sharp downturn may have reached its end, says Geoffrey Kendrick, Standard Chartered’s head of digital asset research. He believes the pullback fits a recurring pattern and is likely close to running out of steam.
$BTC plunged below $90,000 on Tuesday, deepening a decline that has wiped nearly 30% off its early-October all-time high above $126,000. This latest drop is the steepest correction since U.S. spot bitcoin ETFs launched last year and has sparked renewed debate over whether the world’s largest cryptocurrency is slipping into the bear-market phase typical of its four-year cycle.
#bitcoin
#cryptocrurrency
#ETFvsBTC
#KeyMarketSignals
#GeoffreyKendrick
Bitcoin’s latest downturn may be close to finishing, according to Geoffrey Kendrick of Standard Chartered. He notes that this dip represents the third significant 30% correction since spot $BTC ETFs launched in the U.S. last year.
Key market signals — including MicroStrategy’s adjusted NAV — have fallen to zero, indicating that sellers may be exhausted.
The analyst added that a year-end rally remains his primary expectation.Bitcoin’s sharp downturn may have reached its end, says Geoffrey Kendrick, Standard Chartered’s head of digital asset research. He believes the pullback fits a recurring pattern and is likely close to running out of steam.
$BTC plunged below $90,000 on Tuesday, deepening a decline that has wiped nearly 30% off its early-October all-time high above $126,000. This latest drop is the steepest correction since U.S. spot bitcoin ETFs launched last year and has sparked renewed debate over whether the world’s largest cryptocurrency is slipping into the bear-market phase typical of its four-year cycle.
#bitcoin
#cryptocrurrency
#ETFvsBTC
#KeyMarketSignals
#GeoffreyKendrick
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