Ether (ETH) price is up 11% since plunging below the $3,000 mark on Nov. 22, reclaiming key support levels. Analysts say that increased demand from institutions, coupled with the end of quantitative tightening, could lead to a recovery toward $3,600 next.
Key takeaways:
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Ethereum demand is recovering along with ETF inflows.
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The end of the Fed’s QT on Dec. 1 will unlock liquidity into crypto markets.
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Ether’s V-shaped chart pattern hints at a $3,600 target if key support holds.
Ether’s…
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