$ 700 is probably not far away. In a week, ETH 2.0 Phase 0 could be one of many bullish catalysts, but I don't think it will go as bullish as BTC. This is the lifeblood of the altcoin, big changes ahead
As long as Ethereum's macro analysis is in the hands of $ 350, the coin could double to $ 700 over time.
Institutions accumulate mass ETH, as a result, this feature of the Ethereum market trend, which has an institutional aspect, increases the chances of moving upward.Grayscale Investments currently owns 2% of all Ethereum. This means that the firm is holding a $ 800 million coin, or around $ 2.2 million.