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Ethereum shillers call for $5K ETH, and this time derivatives data is backing them up By

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Ether (ETH) pundits have been shouting that the $5,000 price has been ‘programmed,’ since 2018, and some go even further by calling for $20,000 over the long term.

A portion of these bullish calls are based on ETH 2.0 staking and the reduced inflation resulting from EIP-1559.

Ether price in USD at Kraken. Source: TradingView
network adjusted total value locked (TVL) in USD. Source: DeBank.com
Ether 3-month futures basis rate. Source: Laevitas.ch
Deribit Ether 60-day options 25% delta skew. Source: laevitas.ch