CryptoBullishCoinDesk · May 286/10
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Standard Chartered backs $4,000 ether as retail piles into the sub-$2,000 drop
Standard Chartered has issued a bullish price target of $4,000 for Ethereum, citing onchain metrics as a recovery driver similar to Amazon's post-2001 rebound. Despite the optimistic outlook, retail investors are aggressively buying dips at sub-$2,000 levels while futures markets show record short positions, suggesting market participants remain divided on the near-term direction.
$ETH
