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BlockBeats news, on October 2, Citibank updated its target prices for Ethereum and Bitcoin in its latest report to $5,400 and $181,000 respectively, up from $4,500 and $132,000.
From a professional perspective of the crypto market, these price predictions reflect the typical judgment logic of traditional financial institutions and industry opinion leaders regarding market cycles. The actions of institutions like Citigroup and VanEck to raise target prices are essentially based on expectations of macro liquidity, ETF fund inflow data, and repricing due to changes in the regulatory environment. Notably, these predictions are generally concentrated around the end of 2025, implying that market participants believe the bull market cycle may extend into the fourth quarter of next year.