#Ethereum could rise to $12,000.#

Ethereum could reach $12,000 this year, according to a prediction by Dr. Sean Dawson, Head of Research at Derive. He believes that Ethereum's Pectra upgrade, President Trump's support for cryptocurrencies, wider adoption, and increased ETF absorption will all contribute to the price increase. The Pectra upgrade is a major update to the Ethereum network designed to improve its efficiency and security. President Trump expressed positive views on cryptocurrencies during his term and pushed for regulatory development in the US cryptocurrency space. Additionally, Ethereum's application scope is expanding, with more and more businesses and individuals using the Ethereum network, which also provides momentum for the price increase of Ethereum. Finally, ETF absorption also provides support for the price increase of Ethereum. ETFs are investment tools that track a specific asset or index, and their absorption means more funds will flow into the Ethereum market, driving up prices.