Former Goldman Sachs executive Raoul Pal says Ethereum (ETH) is the ‘greatest trade

Former Goldman Sachs executive Raoul Pal has revealed he believes Ethereum is the “greatest trade” setup that he has ever seen as the cryptocurrency’s fundamentals suggest it has a large upside ahead of it.

In a recent interview, first spotted by Daily Hodl, Pal revealed that Ethereum’s fundamentals are forming, in his opinion, a better setup than the one Bitcoin had in March 2020, when its price plunged over 50% to $4,000 before it recovered. Since then, the price of BTC surged to hit a new all-time high near $64,000.

While the flagship cryptocurrency endured a massive correction after hitting its new all-time high, it’s still trading above $45,000 according to CryptoCompare data. Pal’s words, as such, suggest he believes Ethereum could move up over 10x, from its current $3,000 level.

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