Ether traders are divided on when all-time highs will be reached

Bitwise's Chief Investment Officer, Matt Hougan, recently stated that treasury and holding companies of Ether have resolved the narrative issue of Ethereum by presenting the digital asset in a way that traditional investors can understand.

Kennis predicted that Ether will reach new highs in the coming weeks or months, as long as "the flows remain bullish."

Some cryptocurrency traders speculate that it could happen sooner.

Cryptocurrency trader Ardizor said on Thursday that Ether "will reach its all-time high in a matter of days." Just a week earlier, cryptocurrency trader Pentoshi stated on August 7 that a "new all-time high will likely be reached very soon."

For its part, the sentiment platform Santiment said that retail traders do not believe the rise of Ether will last, but that doubt is contributing to the price increase, as prices tend to move in the opposite direction of retail traders' expectations.