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Placeholder Ventures Partner: The ETH market sentiment has undergone a huge change in the past month.
Jinse Finance reported that Chris Burniske, a partner at Placeholder Ventures, pointed out that the market sentiment around ETH has changed dramatically over the past month, with ETH shifting from "unpopular" to "the darling of the market." Institutional investor activity is also warming up, supporting the 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 scenarios for ETH price movement, predicting a "conservative" target of $8,000 and an "optimistic" scenario that could reach $13,000 or even higher.