Josh believes that Ethereum’s price could potentially go up significantly in the next few years. He thinks this price increase could happen because of changes in cryptocurrency regulations in the US, which may allow more people and institutions to invest in Ethereum.

🍃 In the short term, Josh suggests that Ethereum’s price could reach around $4,000 to $4,800 based on certain calculations.

⌚️ For the long term, Josh has different estimates for how high Ethereum’s price could go. His most conservative estimate is that Ethereum’s price could reach around $10,000 to $15,000. This estimate is based on comparing Ethereum’s market value to that of silver.

💹 However, Josh also provides higher estimates. Using certain technical analysis methods, he calculates that Ethereum’s price could potentially reach as high as $14,000 to $28,000, although he considers this range to be less likely.

🧑‍⚖️ Josh’s reasoning for these long-term targets includes the potential regulatory changes, as well as various calculations and models that have historically provided reasonable price targets for Ethereum in previous cycles.

📊 He also suggests keeping an eye on factors like the amount of Ethereum being sold by the Ethereum Foundation, the total value locked in Ethereum-based projects, and the activity of Ethereum validators and stakers, as these could influence Ethereum’s price movements.

Overall, Josh presents a range of possible long-term price targets for Ethereum, with his most likely estimate being in the $10,000 to $15,000 range over the next few years.