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Survey results on ETH price prediction reveal strong bullish sentiment in the market.
CoinGecko recently released a survey on the X platform about whether Ether will rise to a long high, showing that investors are confident in the future price of ETH. According to the survey, 20.6% of participants predict that ETH will surpass $10,000 in this cycle. The distribution of other predictions is as follows:
19.2% of the participants predict that ETH will reach $5,000; 10.6% of the participants predict that ETH will be between $8,000 and $9,000; 11.4% of the participants predict that ETH will be between $6,000 and $7,000; 11.7% of the participants predict that ETH will be between $9,000 and $10,000.
The survey results show a strong bullish sentiment in the market for Ethereum's future. More than 20% of respondents believe that ETH can break through $10,000 in this cycle, which reflects investors' high confidence in Ethereum's technology and market position.
Price Range Prediction
Although 20.6% of the participants predict that ETH will break through $10,000, another group of participants are cautious about the lower price range. 19.2% of the participants believe that ETH will reach $5,000, which may represent a conservative investor's view.
Price Distribution
The price of ETH is predicted to be fairly evenly distributed in different ranges, indicating a long-term expectation for the future trend of ETH in the market. There is significant support in the range of long from $5,000 to $10,000, indicating that the market's confidence in ETH is not limited to a single price target.
Summary
The survey results from CoinGecko revealed a strong bullish sentiment in the market towards Ethereum, with 20.6% of participants predicting that ETH will surpass $10,000 in this cycle.
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