Ether ETF buyers sit at an average of $3,200: the Ethereum price levels that count until then

Buyers of the US Ether ETFs got in at just under $3,200 on average. According to CoinGecko, Ether cost around $2,425 on Wednesday evening, roughly 24 percent less. What is documented: the cost basis estimate comes from James Seyffart, ETF analyst at Bloomberg Intelligence, and the fund data from SoSoValue. Our assessment follows further below: the cost basis is a distant level, and for the coming weeks the lines between $2,157 and $2,506 are what count. There are two triggers. After the US election, Ether rose 5.7 percent in 24 hours, clearly more than Bitcoin at 3.5 percent.