Analyst Miles Deutscher provides insight into potential price levels for Ethereum (ETH), drawing on historical data from past bull markets. He argues that during such periods, ETH has historically reached 35% of Bitcoin’s market cap. Based on current Bitcoin values, this would place ETH at roughly $6,000. If the Bitcoin price continues to climb, Deutscher suggests ETH could reach over $8,000. This prediction is influenced by BitMine Immersion Technology (BMNR), a company which has shifted its focus from Bitcoin mining to an Ethereum accumulation strategy, with the goal of raising up to $20 billion through share sales. This investment will mainly be used to purchase ETH.