According to [twitter name], the current price of Ethereum at $1,700 presents a strategic buy opportunity for long-term investors anticipating a bullish run in the altcoin market. Citing current market trends, [source] highlights the potential for Ethereum to appreciate significantly over the next 12 months, making it a favorable asset for portfolio diversification. The analysis suggests monitoring Ethereum's on-chain metrics and market sentiment as key indicators for potential price movements.