Ethereum Price Forecast: Could We See $2,875 After Vitalik Buterin’s Response?

Vitalik Buterin responded to Charles Hoskinson’s criticisms of Ethereum’s reliance on Layer 2 scaling solutions, emphasizing the potential of zkVM innovation. This counter-argument has fueled speculation about a possible bullish trend for Ethereum. The falling wedge pattern seen in ETH’s price chart suggests a potential breakout towards targets around $2,875. However, this week, the cryptocurrency market witnessed a pullback for Ethereum following its initial strong start to the new week.