#Ethereum could rise to $12,000.#

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Overview

Ethereum could reach $12,000 this year, according to Dr. Sean Dawson, head of research at Derive. He believes that President Trump's first year in office and Ethereum's Pectra upgrade will drive the price of Ethereum higher. In addition, wider adoption and increased ETF absorption will also help the price of Ethereum climb.

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Analysis

Ethereum could reach $12,000 this year, according to Dr. Sean Dawson, Head of Research at Derive. He believes that Ethereum's Pectra upgrade, President Trump's first year in office support for cryptocurrencies, wider adoption, and increased ETF absorption will all contribute to the price increase. The Pectra upgrade is a major update to Ethereum this year that will improve the network's efficiency and scalability, while President Trump's positive attitude towards cryptocurrencies has also provided a good environment for Ethereum's future development. In addition, Ethereum's growing popularity in the financial sector and real-world applications, as well as the launch of ETFs, will all provide momentum for the price of Ethereum to rise.

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Ethereum's Pectra upgrade could push ETH price higher

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President Trump's support for crypto could be bullish for ETH

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Wider adoption of Ethereum and increased ETF absorption could push ETH price higher

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ETH price could reach $12,000 this year

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