Placeholder Ventures Partner: The Past Month Has Seen a Dramatic Shift in ETH Market Sentiment

According to Jinse Finance, Chris Burniske, partner at Placeholder Ventures, pointed out that over the past month, market sentiment surrounding ETH has undergone a dramatic shift, with ETH transforming from “unpopular” to the “market favorite.” Institutional investor activity is also rebounding, supporting a bullish outlook for ETH. For example, on-chain data shows that SharpLink Gaming recently added 77,210 ETH to its Ethereum treasury. Analyst “Wolf” outlined two possible price scenarios for ETH, predicting a “conservative” target of $8,000, while the “optimistic” scenario could see it reach $13,000 or even higher.