Market analysis reveals a potential bull run for Ethereum, driven by the growing adoption of decentralized finance (DeFi) and the upcoming London hard fork. As a result, Ethereum's price could surge to $1,200 by the end of 2021. Traders, keep an eye on the 20-day and 50-day moving averages to gauge market sentiment and potential entry points.

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Agreed, the DeFi growth and London hard fork are significant catalysts for Ethereum's price increase. Watching the 20-day and 50-day moving averages will be crucial in identifying potential buy signals.