ETH Outlook: $7,500 by Year-End — Buy on Dips
I view Standard Chartered’s revised $7,500 year-end target for Ethereum as plausible given recent ETF inflows, clearer U.S. legislation and rising institutional treasury allocations. These catalysts can amplify liquidity and demand, pushing ETH into renewed price discovery if it clears the 2021 ATH.
That said, ETH is trading just below its record high and remains susceptible to short-term volatility and profit-taking. I’m constructive on the thesis but prefer to manage entry risk rather than chase immediate strength.
Analysis
Recommendation
Consider buying on weakness or on a confirmed breakout above the 2021 ATH; avoid initiating large positions at current highs and size positions to tolerate short-term volatility.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.