Ethereum Price Projections Amid U.S. Midterm Elections

Yi Lihua, founder of Liquid Capital, shared his price prediction for Ethereum on X (formerly Twitter), projecting it to reach $7,000. He attributes this expectation to the potential impact of financial stimulus during the U.S. midterm elections, similar to the 2020 bull market fueled by widespread monetary distribution initiatives. Recent research suggests positive market sentiment, with bearish expectations already reaching their peak, creating a favorable environment for a new bull run. Lihua advises caution and patience when trading ETH contracts due to significant spot market volatility.