Ethereum's price target of $3.7K is driven by growing interest from 'smart money', indicating a positive sentiment in the market.
This interest from investors knowledgeable in the field suggests confidence in Ethereum's long-term prospects, potentially leading to sustained price increases.
The positive sentiment reflects a broader trend of institutional investors recognizing Ethereum's value and potential in the cryptocurrency space.
As a result, Ethereum may experience an upward price trajectory if this interest continues.
