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Ethereum Price Forecast: ETH could pick up pace in Q4 amid cool-off in risk-on sentiment
Ethereum could see a strong Q4 following strong institutional accumulation and rising expectations of a rate cut, according to Forster. "With rates expected to fall and institutions stockpiling ETH, markets are setting up for explosive potential heading into Q4," wrote Forster in a Wednesday note. Over the past week, Ethereum exchange-traded funds (ETFs) expanded their holdings by 250,000 ETH, worth about $1.08 billion at the time, their fourth-best week since launching in July 2024. On top of that, strategic ETH reserve (SER) entities, led by BitMine Immersion (BMNR) and SharpLink Gaming (SBET), added 330,000 ... (full story)
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