According to the former head of the cryptocurrency exchange BitMEX, Arthur Hayes, the ether (ETH) could reach $3,000 by the end of 2022.
The altcoin broke above $2,000 in mid-August, and many experts were betting on its rise to $4,000 or even $5,000 by winter. However, the pullback soon resumed.
The pumping was observed against the backdrop of the social media hype caused by the approaching fork Merge in the etherium network. It will take place on September 15. ETH entered bearish territory at the end of August, with the cryptocurrency trading at $1672 on the night of Friday, September 9.