As per previous charts, Institutional investing , ETH Burning .
My forecast is ETH can be 10000-13000$ end of the year.
I thought so too a few months ago.
I was sure that before the Ethereum 2.0 launch, there would be a bull run and price skyrocketing.
Later, however, I looked at the capitalization of Bitcoin and Ethereum.
From the preliminary calculations it turns out that in order for ETH to reach the price above $10k, it would have to surpass BTC capitalization.
It seems to me that it is not possible for ETH to jump over the king anytime soon.