Ethereum (ETH) has plummeted 11.4% in the past 24 hours, reflecting a broader market downturn that saw Bitcoin (BTC) drop by 8%, XRP by 13.6%, and Solana (SOL) by 12.9%. Despite the sea of red, several leading voices—including CryptoQuant CEO Ki Young Ju—are calling for a more optimistic perspective on ETH. Time To Go Bullish On Ethereum Sharing his “bullish thoughts on ETH” via X, Ki Young Ju argued there has been “no significant sell pressure” despite the recent Bybit hack, pointing out that both on-chain and market data remain neutral. “Exchange selling takes time, and OTC offloads barely affect the price,” he added. He also emphasized Ethereum’s dominant share of the stablecoin market cap—currently around 56% and noted how potential regulatory shifts under the Trump administration, which is reportedly “easing crypto regs,” could spur further adoption of ETH-based stablecoins and smart contracts in 2025. Related Reading: Ethereum Must Hold This Key Level To Keep Altseason Hopes Alive, Analyst Explains Ju referenced additional catalysts, reminding followers that the ETH spot ETF “is already approved,” suggesting that a “Large Cap ETF altseason” might be on the horizon for Ethereum. He added, “BlackRock ETH spot ETF holdings increased 124% over the past three months.” Lastly, Ju highlighted growing whale accumulation: addresses holding 10,000 to 100,000 ETH have increased their balances by 24% over the past year, with the current price “nearing the cost basis of accumulating addresses.” However, Ju admitted he was “surprised” by what he sees as an overwhelmingly bearish mood on Crypto Twitter. “Wow, CT [Crypto Twitter] sentiment on ETH is extremely bearish. Let me know if you have any data-driven analysis to support your bearish thesis. Most bears seem to cite the dropping price itself as their reason for selling. Very interesting,” Ju remarked. On his alternative X account—under the handle @kate_young_ju—he reiterated that “whales are stacking ETH,” pointing to the current cost basis for these accumulating addresses at around $2,199, compared to the spot price hovering near $2,505. Ju is not alone in challenging the doom-and-gloom market narrative. AdrianoFeria.eth (@AdrianoFeria), an member of the ETH community, asserted that “the market is in the shitter” but urged investors to focus on high-level institutional and political signals favoring Ethereum. Related Reading: Ethereum Price Could Still Reclaim $4,000 Based On This Bullish Divergence He specifically cited reports of the US President and family purchasing “hundreds of millions of dollars worth of ETH,” the CEO of BlackRock’s endorsement of tokenization (and BlackRock’s own tokenized USD experiment on Ethereum), and Bybit’s need to buy large quantities of ETH to cover its hack—potentially fueling more demand. Feria also mentioned that Ken Griffin, the CEO of Citadel believes Ethereum could replace Bitcoin. For this community member, the fact that “everyone on CT is still taking a shit on ETH” only reinforces a contrarian bullish stance. Popular crypto analyst IncomeSharks (@IncomeSharks) weighed in by posting a chart showing another “red scary candle” but indicating a buy zone above $2,400. Meanwhile, Chris Burniske, partner at Placeholder VC, offered historical perspective, reminding followers of 2021’s mid-cycle drawdowns: BTC fell 56%, ETH 61%, SOL 67%, and many other assets 70-80%. According to Burniske, “you can come up with all the reasons for why this cycle is different, but the mid-bull reset we’re going through isn’t unprecedented. Those calling for a full blown bear are misguided.” At press time, ETH traded at $2.382. Featured image created with DALL.E, chart from TradingView.com
Ethereum’s price trajectory has taken a sharp downturn, with technical analysis showing a possible crash to $2,000. Crypto analyst SwallowAcademy pointed out on the TradingView platform that some bearish signals are forming in smaller timeframes, especially as buyers have failed to maintain a key support zone at $2,700. Notably, the broader market downturn over the past 24 hours has only strengthened the case for further declines for Ethereum. Ethereum Plunges Over 12% In 24 Hours As Market Suffers Steep Losses The crypto market has taken a heavy hit, with Bitcoin falling below major support at $90,000 and shedding 6.9% over the past 24 hours. An already struggling Ethereum has fared even worse, with its price plunging 12.6% in the same timeframe. Particularly, Ethereum broke below support levels at $2,600, $2,500, and $2,400 in quick succession. Related Reading: Ethereum’s Large Consolidation Trend Points To Possible Price Explosion To $8,000 This steep decline has aligned with SwallowAcademy’s warning about Ethereum’s weakness on smaller timeframes, further lending weight to the possibility of a more profound drop to $2,000. SwallowAcademy had initially emphasized that Ethereum remained in a solid buying zone due to the presence of EMAs at the $2,700 support. However, with price action shifting, the analyst acknowledges that bearish pressure on lower timeframes could open the door for further declines. Interestingly, this Ethereum price crash in the past 24 hours came as a surprise, as bulls managed to hold above a key support level of $2,700 despite the fiasco of Bybit’s $1.5 billion hack that took place throughout the weekend. Although the immediate fallout from the exchange’s hack appeared contained, the market now seems to be experiencing a delayed reaction, and fear is gradually setting in among investors. This growing uncertainty, combined with persistent outflows from crypto investment products, including Spot Bitcoin and Spot Ethereum funds, has added more downward pressure on Ethereum’s price. As it stands, the current Ethereum daily candle is firmly in the hands of sellers, with no signs of easing pressure. This is a significant change from the previously strong buying sentiment. Bearish Momentum Could Extend To $2,000 The weakening weekly candle has tipped the scales towards more declines than a bullish uptrend, though it is still early in the week to decide. cautions that it is still early in the week. Ethereum is already trading below the EMAs in the daily timeframe, so the crucial factor is whether it can hold above the EMAs in the weekly timeframe. Related Reading: Is It Time To Give Up On Ethereum Below $4,000? Analyst Weighs The Facts If the current selling momentum continues and the price breaks below $2,200, the next major downside target is $2,000 before any notable bounce can occur. At the time of writing, Ethereum is trading at $2,395 and is at the risk of more declines over the next 24 hours. Despite the sharp drop, the RSI has yet to reach oversold conditions, which means that sellers may still have room to push prices lower before exhaustion sets in. Featured image from Adobe Stock, chart from Tradingview.com
Ethereum has yet to return to its all-time high for over three years, a stark contrast to Bitcoin, which has surged past many price levels in the current cycle. Despite being the second-largest cryptocurrency, Ethereum has struggled to keep up with the broader market even during price rallies. However, a new technical outlook suggests that Ethereum may soon break free from this underwhelming trend and push toward $4,867 based on a strong meeting of multiple technical indicators. Extremely Strong Support Shows Ethereum Breakout Is Close As revealed by a technical analyst on the TradingView platform, technical analysis of the Ethereum price poses a bullish outlook to finally break above its all-time high of $4,878. Ethereum is currently positioned at a key inflection point, where it is trading just above a multi-year support trendline. Notably, this trendline has acted as a solid foundation during previous downturns, allowing ETH to consistently rebound after touching this level. Given this historical precedent, the next expected move is another upward bounce, potentially setting the stage for a renewed bullish push. Related Reading: Ethereum Price Guns For A Mid-High Timeframe Reversal Against Bitcoin In Bullish Q1 2025 The strength of this support trendline is further reinforced by key Fibonacci levels, which have previously served as inflection points for Ethereum’s major rallies. At present, Ethereum is positioned around the 14.6% Fib retracement level from its break above $4,000 in September 2024, which is a zone that has historically caused reversals and strong bullish momentum. In addition to the Fibonacci level, Ethereum’s price structure is also currently supported by the monthly 55 Exponential Moving Average (EMA), which is typically known for marking long-term bullish trends. This adds weight to a bounce on the multi-year support trendline. Triangle Formation Confirms The Explosive Move The analyst also noted that ETH has been trading within a triangle pattern in a multi-month timeframe. Triangle patterns often signal a period of consolidation before a strong move in either direction and in Ethereum’s case, the supporting trendlines and Fibonacci levels suggest a higher probability of an upward breakout. Related Reading: Ethereum’s Large Consolidation Trend Points To Possible Price Explosion To $8,000 The specific pattern forming on Ethereum’s chart is an ascending triangle, a bullish continuation pattern characterized by a rising lower trendline and a horizontal resistance zone. The upper resistance trendline for this formation sits around the $4,000 mark, a level that has proven difficult to breach three different times this cycle. However, the next try could cause a breakout if Ethereum continues to build on the growing bullish signals with the Fib level and the 50 EMA. Once Ethereum clears the ascending triangle’s upper resistance, the next primary price target would be around $4,867, its current all-time high. At the time of writing, Ethereum is trading at $2,760, up by 1.1% in the past 24 hours. Featured image from Ethereum, chart from Tradingview.com
Ethereum (ETH) continues to trade in a tight consolidation range, keeping traders and investors on high alert for a potential breakout. The price has struggled to establish a clear trend, with bulls attempting to push higher while bears hold firm at key resistance levels. This prolonged phase of sideways movement suggests that ETH is gearing up for its next big move—but the direction remains uncertain. Periods of consolidation often act as a springboard for significant price swings, making it crucial to watch the key support and resistance zones closely. A breakout above resistance could ignite bullish momentum, while a drop below support might trigger a fresh wave of selling pressure. With market sentiment shifting and external factors influencing price action, Ethereum’s next move could be just around the corner. Current Price Action And Technical Indicators Ethereum’s price action remains in a consolidation phase, with neither bulls nor bears establishing a clear trend. The market is showing signs of reduced volatility, indicating a breakout may be on the horizon. ETH is trading within a defined range, testing key support and resistance levels that will determine its next move. Related Reading: Ethereum Fees Back To Lowest Since August: Is This Bullish? Technical indicators provide mixed signals. The Relative Strength Index (RSI) hovers near a neutral zone, suggesting neither overbought nor oversold conditions. Meanwhile, moving averages highlight key levels as ETH struggles to gain momentum above crucial resistance zones. Volume remains relatively low, signaling a lack of strong buying or selling pressure. With these indicators in focus, Ethereum’s next major move will likely depend on whether bulls can break resistance or if bears succeed in driving prices lower. Traders should keep a close watch on crucial levels to anticipate the direction of the next big price swing. Potential Scenarios For Ethereum: Bullish Surge vs. Bearish Breakdown As Ethereum continues its extended consolidation, the market braces for two possible outcomes: a bullish surge or a bearish breakdown. Both scenarios carry significant implications for traders and investors, making this a critical juncture for ETH’s price action. Related Reading: Altseason At Risk? Expert Believes Ethereum Must Hold $2,600 To Sustain Momentum If buyers regain control and push ETH above the key $2,862 resistance level, a strong breakout is likely to occur. A surge in buying pressure alongside increasing volume, may trigger a rally toward the next major resistance zone at $3,051. More investors are expected to be drawn following a successful move past this level, reinforcing upward momentum. On the other hand, if selling pressure intensifies and Ethereum loses critical $2,518 support, a bearish breakdown could occur. This would open the door for a deeper retracement, testing lower demand zones. A decline in volume on recovery attempts would indicate weak bullish interest, increasing the likelihood of further downside. In this case, Ethereum eyes lower support zones such as $2,160 before finding stability. Featured image from Unsplash, chart from Tradingview.com
The Ethereum price is showing strong signs of a potential breakout, as an analyst predicts a surge to $3,300 in just one week. This forecast shows Ethereum’s projected successful breach of a key resistance level, indicating an imminent price recovery to new highs. Analyst Projects Ethereum Price Recovery To $3,300 Ted Pillows, a crypto analyst on X (formerly Twitter), has shared a super bullish projection for the Ethereum price despite its recent downturn. The analyst projects that ETH can reach $3,300 in just one week, highlighting key technical patterns and changes in price action to support his prediction. Related Reading: Analyst Says You’ll Regret Not Buying Ethereum At These Prices, Here’s Where It’s Headed Pillows pointed out that a Symmetrical Triangle technical pattern has appeared on the Ethereum chart. This formation is typically seen as a bullish pattern, signaling an imminent price breakout to the upside after a period of consolidation. The crypto analyst described his projected rally for Ethereum as a “short-term pump,” meaning that in the coming days, ETH could easily hit the new price target. Pillows highlighted a breakout area for Ethereum on its price chart. Currently, the cryptocurrency is trading at $2,688 and approaching key resistance levels. If it can break past the symmetrical triangle pattern and breach the resistance level around $2,750, then the analyst suggests that a surge between $3,100 and $3,300 is possible. Following Ethereum’s projected rise to $3,300, Pillows anticipates a possible move back toward consolidation zones. This suggests that Ethereum may experience a slight price correction and consolidate around that price range for a while. Interestingly, the analyst predicts that once ETH completes its consolidation, it will experience another rally to its next price target. The price of Ethereum has fallen by over 18% in the past month, highlighting its slow growth and susceptibility to market volatility. If the Ethereum price can surge to Pillow’s projected target of $3,300 by next week, then the cryptocurrency will be on its way toward a much-needed price recovery. While cryptocurrencies like Bitcoin, Solana, and XRP have all hit respective all-time highs during this bull cycle, Ethereum has failed to experience a rally strong enough to push its price back to historic highs. Nevertheless, analysts remain bullish about the altcoin’s future outlook, highlighting strong fundamentals and bullish technical indicators. ETH Flashes Bullish Buy Signal According to crypto analyst Merlijn the Trader, Ethereum has just flashed a buy signal on its daily price chart. The analyst also noted that its Moving Average Convergence Divergence (MACD) has just flipped bullish, signaling a potential for an upward trend. Related Reading: Ethereum Price Enters Bullish Expansion, Analyst Reveals How High It Can Go In February Merlijn the Trader has revealed that the last time all of these technical indicators aligned in this manner, Ethereum pumped by over 66% to new highs. This historical pattern suggests that Ethereum could see a similar upward movement in the future. As a result, the analyst has projected a potential surge to $2,800 for ETH, marking a 4% increase from its current price. Featured image from Unsplash, chart from Tradingview.com
According to a crypto analyst, the Ethereum price is on the verge of a breakout, and investors who don’t buy it now could be left with regrets later. With technical indicators pointing towards a significant price surge, the analyst forecasts that Ethereum (ETH) could climb as high as $12,000 this bull cycle. Ethereum Price Headed To $12,000? Prominent crypto analyst Captain Faibik has issued a stark warning to investors, urging them to buy Ethereum at a particular price low or risk entering the market late and regretting it. With Ethereum’s current price action signaling a potential bullish breakout, Faibik predicts that the cryptocurrency can hit a new all-time high of $12,000 in 2025. Related Reading: Ethereum Gets Massive $12,000 Price Tag From Research Lead Ahead Of Major Upgrade Looking at the analyst’s Ethereum price chart, the timeline for this ambitious projection is set around Q4 2025, more than eight months from now. Faibik indicated that Ethereum has been within a consolidation symmetrical Triangle for a while and finally looks ready to bottom. This week, Ethereum appears to have broken through the descending resistance line of the symmetrical triangle, indicating the start of a potential price rebound. Faibik believes Ethereum has likely hit its market bottom at $2,648 and could go up from here. Historically, cryptocurrencies that reach a bottom tend to experience a major rally as prices stabilize and momentum builds after consolidation. In the case of Ethereum, Faibik has highlighted the purported $2,648 price bottom as a key buy-the-dip opportunity. Furthermore, the analyst suggested that entering the market at this level was crucial, as investors risk missing out on potential gains. Faibik predicts that once Ethereum initiates a bounce back, its price could skyrocket as high as $12,000. This massive rally would represent a 353.7% surge, marking Ethereum’s highest price increase since its previous bull run. Sharing similar bullish sentiments, Kazi, another crypto analyst on X, forecasts that Ethereum will reach $12,203. The analyst also highlighted a breakout from a symmetrical triangle as the trigger for this bullish surge to new ATHs. ETH Gas Fees Crash, Sparks Rally Speculations In other news, Ethereum’s gas fees have experienced a significant crash, sparking rumours of a potential price rally. Crypto analyst Merlijn the Trader announced this report to his over 312,000 followers on X. The analyst revealed that the Ethereum founder, Vitalik Buterin, had previously promised to fix the initial high gas fees, making them more affordable for the network users. Related Reading: Ethereum’s Large Consolidation Trend Points To Possible Price Explosion To $8,000 Now, average Ethereum gas fees are down to 0.794 gwei ($0.04), marking a major decrease from their previous high of 0.873 gwei ($0.05). Due to this unexpected but highly welcomed development, Merlijn the Trader, questions whether the crash in Ethereum’s gas fees is signaling the start of ETH’s next rally. Featured image from Adobe Stock, chart from Tradingview.com
A crypto analyst has shared a new bold forecast for the Ethereum price, predicting that the number one altcoin is on the verge of an explosive rally to $17,000. The analyst has cited past trends to support his bullish projections, highlighting that Ethereum rallies significantly after a decline. Ethereum Price Forecast Targets $17,000 According to Kiu_Coin, the Ethereum season has just begun, opening up possibilities of price reversals and buying opportunities. Lately, the Ethereum price has been trading sideways, experiencing massive declines that the analyst has described as a “shake out.” Related Reading: Ethereum Price Enters Bullish Expansion, Analyst Reveals How High It Can Go In February His chart shows that Ethereum has recorded a unique pattern of shakeouts over the past years, followed by explosive upward moves. In this context, a shakeout refers to a sudden drop in the price of a cryptocurrency that forces weak players in the market to sell their holdings before the price reverses and surges upward. In his price chart, Ethereum experienced a final shakeout around 2020, during the previous bull market. This substantial decline was followed by a significant price spike in 2021, marking new ATHs for ETH. At the time, the cryptocurrency had skyrocketed by 1,310.6%, recording one of its largest price increases. The current price is about $2,637, experiencing a shakeout similar to that in 2020. While other altcoins rallied these past few months, the Ethereum price has struggled with volatility and stagnation. This bearish trend or shakeout has led to significant sell-offs by investors. If history is any indication, Kiu_Coin believes that once Ethereum concludes this decline stage and weak hands are removed from the market, the cryptocurrency could experience a bullish breakout to new highs. Update On ETH Price Analysis The TradingView expert projects an upward move toward the $17,000 price target. This would represent a 732% increase for Ethereum over the next 217 days, seven months from the time of the analysis. Support levels around $2,173 and $2,069 have also been marked on the chart, representing price levels that may prevent further decline in ETH. As mentioned earlier, the Ethereum price has been on a severe downtrend, failing to meet the market’s expectations as its value drops steadily below the $3,000 mark. While other altcoins have recorded year-to-date increases, CoinMarketCap’s data shows that the Ethereum price has only increased by 5% since the beginning of the year. Related Reading: Ethereum Price Analysis: ETH Faces ‘Moment Of Truth’ After Crash Toward $3,000 Over the past month, the cryptocurrency experienced an 18.5% price crash owing to market volatility and the sudden decline in Bitcoin’s value. Although ETH struggles to recover from bearish trends, its 24-hour trading volume of $19 billion is up by 20.9%. Featured image from Adobe Stock, chart from Tradingview.com
In a dramatic shift, hedge funds appear to be ramping up short positions in Ethereum at a rate not seen before, sparking questions on whether the second‐largest cryptocurrency by market capitalization could be facing troubled waters—or if something else is at play. According to renowned analysts from the Kobeissi Letter (@KobeissiLetter), short positioning in Ethereum “is now up +40% in ONE WEEK and +500% since November 2024.” Their findings, shared on X, argue that “never in history have Wall Street hedge funds been so short of Ethereum, and it’s not even close,” prompting the question: “What do hedge funds know is coming?” Massive Ethereum Short Squeeze Coming? The Kobeissi Letter’s thread highlights an extreme divergence between Ethereum’s price action and futures positioning among hedge funds. They point to an especially volatile period on February 2, when Ethereum plunged by 37% in just 60 hours as trade war headlines emerged, wiping out more than a trillion dollars from the crypto market “in HOURS.” Related Reading: Ethereum Stuck Below $2,800 Resistance – Bulls Need A Higher Low To Recover The analysts note how ETH inflows were robust during December 2024—even as hedge funds were reportedly boosting short exposure. According to the Kobeissi Letter: “In just 3 weeks, ETH saw +$2 billion of new funds with a record breaking weekly inflow of +$854 million. However, hedge funds are betting ETH’s surge and limiting breakouts.” They also underscore spikes in Ethereum trading volume, particularly on January 21 (Inauguration Day) and around the February 3 crash. Despite the historically high inflows, Ethereum’s price has “failed to recover the gap lower even as one week has passed,” and currently trades “~45% below its record high set in November 2021.” One of the biggest unknowns remains why hedge funds are so dedicated to shorting ETH. The analysts write: “Potential reasons range from market manipulation, to harmless crypto hedges, to bearish outlook on Ethereum itself. However, this is rather strange as the Trump Administration and new regulators have favored ETH. Largely due to this extreme positioning, Ethereum has significantly underperformed Bitcoin.” Related Reading: Ethereum Trades Inside A Multi-Year Bullish Pennant – Analyst Sees A Breakout Above $4K The Kobeissi Letter concludes its thread by drawing attention to Bitcoin’s outperformance and poses the question of whether a short squeeze could be in the making: Could Ethereum be setting up for a short squeeze? This extreme positioning means big swings like the one on February 3rd will be more common. Since the start of 2024, Bitcoin is up ~12 TIMES as much as Ethereum. Is a short squeeze set to close this gap?” Glassnode’s CryptoVizArt Fires Back Not everyone in the crypto analytics sphere is convinced that the tidal wave of Ethereum short positions signals a bearish outlook. Senior researcher at Glassnode, CryptoVizArt.₿ (@CryptoVizArt), took to X to challenge the alarmist takes circulating on social media: “Barchart is screaming, ‘Largest ETH short in history!’ and crypto Twitter is running around like headless chickens. Seriously, if you fell for this clickbait headline, it’s time to up your game. Let’s set the record straight.” In a detailed thread, CryptoVizArt points out that the widely shared chart on hedge fund short positions likely represents only one subset of the market (e.g., “Leveraged Funds / Hedge Funds/CTAs”) and does not account for other significant market participants such as asset managers, non‐reportable traders, and on‐chain holders. They add that similar “massive shorts” were seen in Bitcoin futures as well, yet BTC outperformed ETH during the same period. Furthermore, CryptoVizArt emphasizes that CME Ether futures are just one sliver of global crypto derivatives. Liquidity on platforms like Binance, Bybit, OKX, as well as on‐chain positions and spot markets, offer a broader view than any one exchange’s data might suggest. “One group’s net short ≠ the entire market is net short. Hedge positions ≠ purely bearish bets.” Their final note: much of the positioning could be part of “non‐directional strategies—such as cash‐and‐carry,” which are neutral strategies used to lock in arbitrage gains and are not simply a direct bet against ETH. At press time, ETH traded at $2,629. Featured image created with DALL.E, chart from TradingView.com
Ethereum’s price action in the past seven days has led to the creation of a capitulation candle that might send it on another surge within the next eight to twelve weeks. This capitulation candle caught the attention of crypto analyst Ted Pillows, who noted an interesting repeating capitulation pattern for Ethereum. According to technical analysis by Ted Pillows, Ethereum has printed a capitulation candle in early 2025, just as it did in the first quarter of 2024 and the third quarter of 2023. Capitulation Candles And Ethereum Historical Patterns TedPillows’ analysis highlights that the Ethereum price has undergone three major capitulation events in the past two years, all of which led to substantial price rebounds. Particularly, these capitulations have taken place in the weekly candlestick timeframe, where the Ethereum price witnessed intense selling pressure throughout the week. However, historical price playout shows that these capitulations have often marked the bottom before a massive price rally. Related Reading: Ethereum Price Forms Flag And Pole Pattern For Possible Breakout, New Targets Emerge The first of such capitulations occurred in Q1 2024 and eventually led to a 100% rally over the next three months, with the Ethereum price reaching $3,950. The second capitulation took place in Q3 2024, leading to a similar upswing. With Ethereum now experiencing another capitulation moment in early 2025, the analyst suggests that the pattern is set to repeat. He believes that Ethereum is once again forming a market bottom, setting the stage for an aggressive upward move. Ethereum’s 100% Price Surge And Potential Peak If Ethereum follows its previous trajectory, the next eight to twelve weeks could bring a significant price increase, even as the leading altcoin currently struggles around $2,700. A 90%-100% pump after the recent capitulation would push the Ethereum price past key resistance levels and above its current all-time high. Related Reading: Is It Time To Give Up On Ethereum Below $4,000? Analyst Weighs The Facts TedPillows’ analysis suggests that Ethereum’s ultimate price target following this capitulation could reach as high as $8,000. However, it is likely to encounter significant resistance near $3,950, a level that has historically triggered rejections in past capitulation cycles. Should Ethereum struggle to break through this barrier again, a temporary pullback could be on the horizon before any sustained move higher. Meanwhile, Spot Ethereum ETFs are attracting heavy inflows despite Ethereum’s price downturn. Institutional investors appear to be capitalizing on the dip and increasing their ETH holdings in anticipation of a broader market rebound. Spot Ethereum ETFs have recorded $513.8 million in inflows in the last six trading days, with BlackRock leading the charge by acquiring $424.1 million worth of ETH. This steady accumulation from institutional holders suggests growing confidence in Ethereum’s long-term potential and could lay the foundation for the projected 100% surge in the next eight to twelve months. At the time of writing, Ethereum is trading at $2,725, down by 4% in the past 24 hours. Featured image from Unsplash, chart from Tradingview.com
Major fluctuations in the Ethereum (ETH) market yesterday triggered a wave of reactions across social media, with one Ethereum co-founder claiming that certain large holders—or “whales”—were deliberately pushing the asset’s price downward. The activity reached a fever pitch on Monday, February 4, when the ETH price swung from around $2,900 to as low as $2,120 before bouncing back sharply. Despite the intraday plunge, Ether ultimately closed the day sporting a 26% green wick—an uncommon price rebound in such a short window. Ethereum Price Manipulated By Whales? Analysts attributed the dramatic movement to external macroeconomic forces, most notably the US trade war under President Donald Trump. After imposing tariffs on Mexico and Canada early in the day, the president later struck an arrangement that spurred a rapid recovery across global markets, including cryptocurrency. Related Reading: Ethereum Price Tanks 25%: What’s Next After the Major Decline? The turbulence led one observer, identified simply as “intern” (@intern), the director of growth at Monad, to post a stark sentiment on X: “ETH is dying right in front of us. honestly never thought this would happen.” In response, Ethereum co-founder and ConsenSys CEO Joseph Lubin offered a composed outlook, underscoring that these types of price swings are not unusual for the digital asset: “It happens regularly. Then it surges. What we are seeing is whales taking advantage of economic turmoil and negative sentiment to shake out weak hands, run stops, and then buy back when they can run that same playbook in reverse.” Lubin’s statement presents a cyclical understanding of crypto volatility, implying that larger players capitalize on market anxiety—often exacerbated by macro developments—to pressure less resilient investors into selling. Several prominent crypto traders also commented on the events, specifically on accusations of whale-led manipulation. One well-known figure, Hsaka (@HsakaTrades), advised newcomers not to assume ETH’s decline was driven purely by organic market sentiment: “Dear noobs, Ethereum is NOT naturally going down. It is being pushed down via whales placing spoofy sell orders on exchanges to make noobs and risk managers sell to ‘buy back lower’. They are stealing your bags and will make you buy back at a higher price.” Related Reading: Ethereum Long-Term Bullish Structure At Risk – $2,700 Support Is Key for a $7K Target The notion of a concerted “spoofing” strategy—where large sell orders are placed and then canceled or only partially filled—has long circulated within crypto communities. The tactic reportedly aims to trigger panic sells, thereby letting so-called whales accumulate positions at more favorable price levels. Prominent trader Pentoshi (@Pentosh1) offered a brief but pointed reaction, highlighting how ETH has underperformed relative to Bitcoin (BTC) over the past three years: “3 year shake out so far. Hope you’re right.” The question of why whales would single out Ether in particular was raised by community member EVMaverick392.eth (@EVMaverick392): “Maybe I’ll sound naive, but why do whales perform this maneuver exclusively on ether?” Lubin responded by drawing a parallel to conventional bank robberies and suggesting that the recent wave of unease surrounding the Ethereum ecosystem has made the asset a prime target: “Why do bank robbers rob banks— or used to? The (unjustified) FUD toward the Ethereum ecosystem is currently most pronounced.” At press time, ETH traded at $2,704. Featured image created with DALL.E, chart from TradingView.com
Ethereum is still showing signs of upward momentum if you know where to look. The leading altcoin is now in a bullish expansion phase, with analysts predicting that its price could surge past key resistance levels in the coming weeks. According to crypto analyst Ted Pillows, Ethereum has entered a bullish expansion phase and is on the verge of a major rally that could push it beyond $4,000 in the short term and to new all-time highs by March. Bullish Expansion Puts Ethereum At $4,500 In February According to Ted, Ethereum has transitioned into its expansion phase after completing two preceding phases of accumulation and manipulation. These phases were mapped out on the 3-hour candlestick timeframe and unfolded in the last two weeks of January. Related Reading: Ethereum Price Eyes $4,000 With Rising Channel Pattern The accumulation phase was highlighted by Ethereum trading in a range between the upper and lower ends of $3,520 and $3,185, respectively. Following this accumulation phase, Ethereum entered a brief but volatile manipulation phase between January 27 and January 29 before eventually rebounding at the $3,000 mark. On January 30, Ethereum officially broke out of the manipulation phase, marking the beginning of the anticipated expansion phase. Ted believes this breakout is a key turning point, as it signals the start of a strong rally. With this expansion phase in mind, crypto analyst Ted predicted that the Ethereum price will rally to at least $4,500 in February before setting its sights on a new all-time high by March. Notably, the analyst’s outlook is based on a combination of breakout from technical patterns and market sentiment, and he noted that Ethereum’s undervaluation is now coming to light. ETH’s Breakout Hinges On The $4,000 Price Mark In a separate technical analysis, Ted highlighted that Ethereum is breaking out of a downward-sloping wedge pattern on the daily candlestick timeframe. Based on this pattern, he projected that ETH could reach $4,000 within eight to ten days after the breakout is fully confirmed. His forecast is grounded in Ethereum’s historical price movements, particularly referencing two similar breakouts in 2021 and 2024, both of which resulted in a 40% surge within the same time frame. Related Reading: Ethereum Price Forms Falling Wedge Pattern On 1-Day Chart That Suggests 20% Rally Is Coming In another analysis, Ted noted that Ethereum is forming higher lows in the longer timeframe. He emphasized that reclaiming the $4,000 mark is crucial right now, as doing so would pave the way for Ethereum to target new all-time highs. According to his projections, a decisive break above this key level will set the stage for Ethereum to reach between the $9,000 and $10,000 range over the next three to four months. Aside from technical indicators, Pillows pointed to the potential impact of Donald Trump’s involvement in Ethereum. He suggested that Trump’s continued accumulation of ETH could further fuel the rally. One such accumulation is the latest acquisition of $10 million worth of ETH by World Liberty Financial, a crypto company affiliated with Donald Trump and some of his family members. At the time of writing, Ethereum is trading at $3,261. Featured image from Adobe Stock, chart from Tradingview.com
Ethereum’s price action is showing signs of an impending breakout as it moves back and forth within a falling wedge pattern on the daily candlestick time frame chart. According to an analysis first posted on the TradingView platform, this formation is a strong bullish signal that could push the Ethereum price toward $3,800 if history repeats itself. The falling wedge, which is generally known to be a bullish price action structure, is developing between the 50-day and 200-day moving averages for Ethereum, in line with a similar pattern from that preceded an Ethereum price rally last year. Ethereum Repeating Falling Wedge Pattern Ethereum has largely underperformed this cycle without any clear breakout yet. Furthermore, the cryptocurrency has yet to recover towards its 2021 all-time high unlike many of its other crypto counterparts with large market caps. Related Reading: Ethereum Price Eyes $4,000 With Rising Channel Pattern Technical analysis of the current Ethereum price action shows that the leading altcoin has been trading in a decline since the beginning of the year. This decline has been characterized by the formation of lower highs and lower lows, which is quite like a falling wedge pattern. What’s very interesting is that this wedge pattern on the Ethereum price chart is developing between the 50-day and 200-day moving averages, which makes it even more peculiar. The TradingView analyst highlighted that the current falling wedge price structure mirrors the March 2024 pattern, which saw Ethereum forming a triple bottom before breaking out and reaching the 0.786 Fibonacci extension level. If the same scenario unfolds, the current falling wedge could serve as a launchpad for a price surge towards a target at the $3,800 level. This represents a potential 20% upside from Ethereum’s current trading range. Resistance Levels Could Delay the Rally At the time of writing, Ethereum is trading at $3,180, up 1% in the past 24 hours. This marks a steady climb from the lower end of the wedge pattern, bringing the cryptocurrency closer to breaking above the upper trendline around $3,250. Related Reading: Historical Data Shows What To Expect From Ethereum Price In Q1 2025 – It’s Very Bullish While the technical setup leans bullish after the predicted breakout, it is important to note that Ethereum faces a significant resistance hurdle between $3,400 and $3,500. Sellers positioned at this resistance zone have acted as a strong barrier in recent months, and they have successfully stalled previous attempts by the bulls to push higher. If Ethereum fails to break through the upper end of this range, another temporary rejection could occur before any sustained move toward $3,800. If Ethereum successfully clears the $3,500 resistance, it could pave the way for a more extended bullish trend, with $3,800 as the next logical target. Notably, this $3,800 target reflects a tempered outlook on Ethereum compared to past market expectations, a sentiment shaped by its recent price action. However, if strong bullish momentum builds toward $3,800, it could trigger an even larger push toward the $4,000 mark. Featured image from Unsplash, chart from Tradingview.com
Crypto analyst Max has revealed that the Ethereum price is at a critical junction, which could determine its trajectory going forward. The analyst remarked that ETH faces a ‘moment of truth’ and explained that the crypto could enter a bearish phase if it doesn’t complete a particular pattern. Ethereum Price Faces Moment Of Truth After ETH’s Crash Toward $3,000 In an X post, Max stated that the Ethereum price faces a moment of truth right here following ETH’s crash to around $3,000. The crypto analyst added that if ETH doesn’t complete its famous “ultra-scary 3 drive into the lows” pattern before being miraculously saved, then it is over for a while, indicating the crypto could suffer a further downtrend. Related Reading: Ethereum Price Eyes $4,000 With Rising Channel Pattern Max further explained that there is nothing but air beneath the Ethereum price structure, which he highlighted in his chart. His accompanying chart showed that the next significant support level for ETH beneath $3,000 was at $2,400, indicating that the crypto could drop to as low as this level if it loses the psychological $3,000 level as support. The crypto analyst then mentioned the worst case that could happen before giving up on the Ethereum price is if it sweeps the $2,800 wick and then the Bitcoin price drops to as low as $95,000. In such a scenario, Max remarked that ETH would need an immediate reaction, possibly because of the bearish sentiment that could spark among investors. However, the analyst looks to still be bullish on the Ethereum price in the meantime, reaffirming that he has no intention to sell his spot holdings. Crypto whales also look to be bullish on ETH despite its underperformance, as they have been actively accumulating this past week. Bitcoinist reported that Ethereum’s large transaction volume spiked by over 200% in 24 hours, indicating an accumulation trend from these whales. How The ETH Price Action Could Play Out In an X post, crypto analyst Wolf predicted how the Ethereum price action could play out this year while claiming that ETH is currently being suppressed so that large players can accumulate. According to the analyst, ETH could break out to the psychological $4,000 price level by the end of February. Related Reading: Ethereum’s Large Consolidation Trend Points To Possible Price Explosion To $8,000 Following that, Wolf predicts that the Ethereum price will enjoy a bullish March as it rallies from $4,000 to $5,000 in days. He added that the second-largest crypto by market cap could hit $6,500 by early April. Once that is done, the analyst expects Ethereum to experience two to three weeks of price correction before it then pushes to between $9,500 and $10,000. At the time of writing, the Ethereum price is trading around $3,100, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com
Crypto analyst Kartik has revealed a technical pattern that has formed for the Ethereum price, indicating a possible breakout may be on the horizon. The analyst further revealed the new targets that have emerged for ETH due to the bullish pattern. Ethereum Price Forms Flag And Pole Pattern In a TradingView post, Kartik revealed that the Ethereum price had formed a flag and pole pattern, indicating that ETH could be set for a breakout. The analyst noted that this pattern has formed while Ethereum is currently on a downtrend from the $4,100 resistance level. In line with this, he revealed targets to watch out for following the formation of this pattern. Related Reading: Ethereum Price Eyes $4,000 With Rising Channel Pattern Kartik stated that the next strong support level is at $2,800. He added that the Ethereum price could see a positive move from either a breakout of the trendline or support at the $2,800 level, or both could co-occur. The analyst also advised market participants to wait for things to play out before making any decisions. The analyst’s accompanying chart showed that the Ethereum price could rebound from the support level at $2,800 and rally to $3,600. The chart also showed that Ethereum could even rally to as high as $4,000. Meanwhile, ETH could face some resistance at around $4,100 as it targets higher prices. A break of the $4,100 resistance could lead to a further rally to $4,400. Crypto analyst Titan of Crypto also provided a bullish outlook for the Ethereum price, stating that a breakout is imminent. This came as he remarked that ETH was on the verge of breaking out from a falling wedge pattern. Crypto analyst Mikybull Crypto also stated that the ETH breakout seems very close, which could send its price to $4,000. ETH To Reach $5,000 Thanks To These Fundamentals In an X post, crypto analyst Ted predicted that the Ethereum price will reach $5,000 before April this year. The analyst alluded to ETH’s fundamentals to prove why such a parabolic rally is possible for the second-largest crypto by market cap. First, he mentioned the fact that Donald Trump’s World Liberty Financial is buying and staking ETH, which is bullish for Ethereum. Related Reading: Ethereum Gets Massive $12,000 Price Tag From Research Lead Ahead Of Major Upgrade Ted further mentioned the launch of Etherealize, which will help onboard institutions. This move could increase the inflows into the ETH ETFs, which is a positive for the Ethereum price. The analyst also mentioned the Pectra upgrade, which is coming in March 2025. Alongside these bullish fundamentals, he noted that sentiment is at an all-time low, which he claimed is the best signal for reversal. At the time of writing, the Ethereum price is trading at around $3,130, down almost 6% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Crypto analyst BasicTrading has revealed a bullish pattern that has appeared for the Ethereum price, which hints at a rally to $4,000. This again provides some optimism concerning ETH, which has continued to underperform in this market cycle. Ethereum Price Eyes $4,000 With This Bullish Pattern In a TradingView post, BasicTrading revealed that a breakout to $4,000 looks to be on the horizon for the Ethereum price following the formation of a rising channel pattern. This bullish prediction came as the analyst noted that ETH had been retesting the previous all-time high resistance and was not able to break it. Related Reading: Bitcoin Price Under Threat: $12,000 Void Opens Up Possibility Of Crash Toward $75,000 However, this time, it could be different following the rising channel pattern. The analyst added that with the bullish break and retest and Ethereum price action, the breakout is about to happen. With Ethereum likely to break this psychological $4,000 resistance level soon enough, the analyst suggested that this could ultimately pave the way for ETH to reach and possibly surpass its current ATH of $4,800. BasicTrading remarked that the sky is the limit for the Ethereum price if it manages to break above its current ATH. Interestingly, the crypto analyst raised the possibility of ETH rising to between $20,000 and $25,000 if it replicates its historical performance from previous bull cycles. This price range represents the upper resistance trendline of the rising channel. However, the analyst stated that the Ethereum price must first achieve a clear breakout of its current ATH before a rally to as high as $25,000 can become a possibility. This bullish projection for ETH comes just days after crypto analyst Ali Martinez explained why it wasn’t time to give up on Ethereum despite its underperformance in this market cycle. Martinez mentioned that a decisive breakout above $4,000 could send ETH to $7,000. ETH To Reach Five Digits In This Bull Run Crypto analyst CrediBULL Crypto has also backed BasicTrading’s bullish outlook as he predicted that the Ethereum price would at least reach $10,000 in this market cycle. The analyst asserted that ETH will come back with a “vengeance” in the coming months. He added that $10,000 is the bare minimum once Ethereum breaks out. CrediBULL Crypto further opined that $20,000 is certainly not unreasonable by the end of this cycle. Related Reading: Ethereum Gets Massive $12,000 Price Tag From Research Lead Ahead Of Major Upgrade Crypto analyst Mikybull Crypto also provided a bullish outlook for the Ethereum price, stating that ETH’s hated rally that will bring it to $12,000 is loading. He further remarked that the chart is giving market participants a glimpse and that patience is all it takes. At the time of writing, the Ethereum price is trading at around $3,400, up over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Crypto analyst Ali Martinez has discussed Ethereum current price action as the second largest crypto by market cap remains below $4,000. The analyst outlined some facts to give a clearer picture of whether or not it is the right time to give up on ETH. Analyst Discusses Whether It Is Time To Give Up On Ethereum In an X post, Ali Martinez outlined certain facts to determine whether it is time to give up on Ethereum. First, the analyst noted that ETH has been one of the weakest performers lately, a development that looks to have prompted Vitalik Buterin to shake things up by changing the Ethereum Foundation’s leadership team. Related Reading: Ethereum Gets Massive $12,000 Price Tag From Research Lead Ahead Of Major Upgrade Martinez then alluded to historical data showing that Ethereum performs well in the first quarter of each year. The analyst had previously hinted that this year is unlikely to be different. Back then, he noted that ETH delivers its strongest performance in Q1, particularly in odd-numbered years, and 2025 is one such year. Given Ethereum’s positive Q1 performance, Martinez remarked that this could explain why crypto whales have accumulated over $1 billion worth of ETH in the past week alone. He previously revealed that these whales had bought over 330,000 ETH, valued at over $1 billion. Furthermore, the crypto analyst remarked that the buying pressure is also evident in the exchange outflows, with nearly $2 billion in Ethereum withdrawn from crypto platforms over the past month. Specifically, 540,000 ETH, worth $1.84 billion, were withdrawn from exchanges over the past month. This accumulation trend is a positive as it indicates investors are still bullish on ETH. However, for Ethereum to break out bullishly, Martinez mentioned that it must overcome several key resistance levels. From an on-chain perspective, the crypto analyst highlighted the $3,360 to $3,450 zone as the major supply wall. This range is the most critical resistance level for ETH, while the key support zone is between $3,066 and $3,160. From A Technical Analysis Perspective Martinez also provided insights into the Ethereum price action from a technical analysis perspective. He stated that ETH appears to be forming the right shoulder of a head-and-shoulders pattern, with a neckline of $4,000. He added that a decisive breakout above this level could fuel a rally toward $7,000. Related Reading: Ethereum’s Large Consolidation Trend Points To Possible Price Explosion To $8,000 The crypto analyst also revealed that this upside target aligns with the Ethereum 3.2 Market Value to Realized Value (MVRV) Pricing Band, which is currently hovering around $7,000. Amid this bullish outlook, Martinez mentioned that one concerning sign is Ethereum’s network growth, which has slowed down. The number of new ETH addresses is said to have declined by 9.32%, indicating reduced adoption. Despite that, Martinez believes that Ethereum’s outlook is still bullish. He told market participants to keep an eye on the $2,700 to $3,000 support zone. According to him, this demand zone must hold to maintain ETH’s bullish outlook. At the time of writing, Ethereum is trading at around $3,200, down 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Crypto analyst Adam (@abetrade) has sparked substantial debate by declaring that Ethereum is “the most cursed coin in existence,” suggesting that despite a notable uptick in overall market interest, the second-largest cryptocurrency remains stubbornly below its potential. Why Ethereum Seems To Be Cursed Speaking to his 178,000 followers on X, Adam pointed to a striking increase in Ethereum-related open interest, remarking: “ETH having the title of the most cursed coin in existence is well deserved because open interest in coins increased by 110% since August, yet the price is trading 20% below the 2024 highs; that’s genuinely quite bad.” In his view, this divergence between trader enthusiasm and the coin’s ongoing price stagnation indicates a fundamental gap that cannot be explained away simply by market volatility. He underscored that this dynamic seems to have brought about a paradox: while higher open interest often suggests growing market confidence, Ethereum’s price trajectory has failed to mirror such optimism, potentially because of selling pressure from the spot market. Related Reading: Ethereum Sees $1.4 Billion In Exchange Outflows This Week – Strong Accumulation Trend? Adam went on to characterize many of Ethereum’s most faithful supporters as “delusional,” – especially those who are still longing ETH on the futures market – pointing out that they appear ready to increase their ETH holdings whenever the asset’s value dips. Though his stance was critical, he also acknowledged that this resilience from buyers could set the stage for a more pronounced future move. “At the same time, you can see how delusional these people are, and instead of giving up, they rather buy more every time they have a chance,” he said, capturing both his skepticism toward what he interprets as blind faith and his recognition of a potential trading opportunity in the making. By presenting two possible scenarios—one in which a sudden liquidation event could drive ETH below the $3,000 threshold and another in which the market holds steady until a potential “blind bid” around $2,700—Adam outlined the triggers he believes could define Ethereum’s medium-term trajectory. Related Reading: Will Ethereum Bounce Back? Crypto Analysts Discuss Potential Price Recovery “Because I am some of a retard myself, I think this could set up as a great long with two possible plays, one being a liquidation event sub $3k; if that does not happen, I will probably bid sub $2.7k blindly as we have quite clear support there,” he explained, indicating a willingness to position himself in what he perceives as a high-risk, high-reward environment. This viewpoint of patience and strategic entry has resonated with other technical analysts, notably Ali (@ali_charts), who weighed in with a relatively similar price range in mind. “$2,700 to $2,800 sound like a probable scenario,” Ali stated, reflecting a sentiment that Ethereum may be poised for a correction to around these levels before any significant rebound can take place. Expanding on this, he stated that Ethereum might be tracking along an ascending parallel channel, where temporary price dips can serve as catalysts for larger movements. “If Ethereum is following an ascending parallel channel, a dip to the lower boundary at $2,800 could act as a launchpad for a move toward $6,000,” he commented. At press time, ETH traded at $3,082. Featured image created with DALL.E, chart from TradingView.com
New reports have revealed a massive exodus of Ethereum (ETH) tokens from various crypto exchanges. IntoTheBlock’s on-chain data shows that over $1.4 billion worth of Ethereum has been withdrawn from exchanges. This large-scale ETH outflow marks one of the largest in recent months, signaling a potential shift in investor behavior. Ethereum Exchanges See Massive Outflows IntoTheBlock, a crypto analytics platform, reported that over $1.4 billion worth of Ethereum was recently moved out of crypto exchanges. This large-scale transfer usually occurs when investors buy a cryptocurrency from an exchange and move it to their private wallets rather than storing it on the centralized exchange. Related Reading: Is Dogecoin’s 30% Decline A Chance To Buy On Discount? Here Is the Pertinent Level To Watch Considering the sheer amount of ETH involved, investors may be planning to hold onto their assets rather than sell them. Data for IntoTheBlock indicates that approximately 74% of ETH investors have been HODLing for over a year, highlighting a widespread trend amongst investors to retain their assets. The last time Ethereum exchanges experienced outflows at such a high level was in November 2024. At the time, Bitcoin (BTC) and Dogecoin (DOGE) were the highlight of the market, experiencing massive gains following Donald Trump’s win in the United States (US) Presidential elections. In contrast, Ethereum saw less impressive gains, struggling to break through resistance levels to reach new highs. Given ETH’s current volatility and price fluctuations, it would not be surprising if investors decided to sell off their holdings to prevent potential losses. However, the reverse seems to be the case, as these investors are holding on to their assets, possibly banking on a possible price increase in the future. Confirming the massive ETH outflows from exchanges, CryptoQuant highlighted a decrease in overall selling pressure in the Ethereum market. The blockchain analytics platform disclosed that while inflows and outflows have increased slightly, net flows stay negative. IntoTheBlock also shows that inflows have increased by 43.07% over the past week, while outflows have surged by a whopping 57.35%. Ethereum’s large holder netflow remains negative, decreasing by 26.35% over the past week and 47.60% in the last 30 days. Interestingly, there have also been severe outflows from Ethereum Spot ETFs, with Wu Blockchain revealing that the total net outflow of these ETFs has increased to $68.47 million. Analyst Unveils Bearish Ethereum Price Prediction ‘More Crypto Online (MCO), a crypto community on X, has shared a bleak Ethereum price forecast, projecting a direct decline in line with the third wave of the Elliott Wave theory. According to the analyst, Ethereum will likely remain in its current consolidation phase through the weekend as its Wave 2 unfolds. Related Reading: Bitcoin Price Unravels 157-Day Fractal Similar To Last Cycle, Why A Surge To $169,000 Is Possible The analyst has presented potential targets for the projected decline in Wave 3, with significant levels at 100%, 123.6%, and 138%. If Ethereum experiences a decline to these degrees, its price could crash to $2,841, $2,660, and $2,555, respectively. Featured image created with Dall.E, chart from Tradingview.com
DeFi protocol Derive’s Head of Research, Dr. Sean Dawson, has provided a bullish prediction for the Ethereum price. He predicted that the second-largest crypto could rally to as high as $12,000 and explained how the Pectra upgrade could contribute to the parabolic rally. Ethereum To Reach $12,000 Thanks To Pectra Upgrade And Other Factors Dawson predicted that Ethereum could reach $12,000 by the end of the year thanks to the Pectra upgrade, Donald Trump’s presidency, increased adoption, and a surge in ETF inflows. According to the research analyst, this bullish case is possible if the Pectra upgrade is successful. The upgrade is meant to help scale the network and boost user experience. Related Reading: 70 Million DOGE Make Their Way To Binance Amid 10% Dogecoin Price Crash Given Donald Trump’s pro-crypto stance, Dawson is also confident that the US president-elect would create a regulatory-friendly environment, which would support further growth for Ethereum. For ETH to reach this $12,000 target, Dawson also said that Ethereum must witness broader adoption within the real-world assets (RWAs) industry. The network must also become a top player in emerging sectors such as DePIN and AI agents. The Ethereum exchange-traded funds (ETFs) also have a role to play in ETH reaching this target. Dawson mentioned that there must be more significant inflows into these funds. He warned that the failure of these funds to attract institutional interest could lead to a bearish case for Ethereum. For the bearish case, the research analyst predicted that Ethereum could drop to as low as $2,000 due to a lack of inflows into the Spot ETH ETFs. He noted that this could happen if these funds lose ground to a successful Solana ETF launch. This undoubtedly remains a possibility, considering how Solana dominated last year in terms of network activity. Dawson warned that other layer-1 networks are challenging Ethereum’s market share, although he added that this may offer higher risk and reward opportunities. ETH Still Bullish Despite Recent Market Downtrend Crypto analysts have suggested that Ethereum still has a bullish outlook despite the recent market downtrend. In an X post, crypto analyst Moon Carl stated that despite the recent dump, ETH is still trading within a symmetrical triangle on the Daily timeframe. The analyst added that if the support holds, a breakout with a bullish target of $4,100 could be expected. Related Reading: XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board Crypto analyst The Cryptomist also charted a path for Ethereum to reach a new all-time high (ATH). She highlighted a large falling wedge, which was in play with symmetrical deviations. She added that ETH could retest the broken level, then reject to support and insert a 4-hour oversold bullish divergence and then bounce to a new ATH. At the time of writing, the Ethereum price is trading at around $3,300, up in the last 24 hours, according to data from CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com
Fidelity Digital Assets, a subsidiary of global financial services firm Fidelity Investments, has released a new paper titled “2025 Look Ahead: Is it ‘too late’ to enter digital assets?” The publication dedicates significant attention to the ongoing competition between Ethereum and Solana. Authored by Max Wadington, the section “Ethereum Outlook” provides a close look at fundamental metrics, upcoming network upgrades, and the broader implications for investors heading into 2025. Solana Vs. Ethereum In 2025 In a notable excerpt comparing Solana and Ethereum, Wadington explains: “We think fundamentals are most important for long-term investors. With that said, Ethereum has strong developer activity, total value locked (TVL), and stablecoin supply. Comparatively, Solana’s revenue and TVL are improving at a faster rate than Ethereum’s and seem to have captured significant community mind share this past year.” One factor complicating Solana’s growth trajectory is the provenance of its revenue, which is significantly influenced by memecoin trading. Wadington notes that while “a similar argument could be made for Ethereum’s main use case being Uniswap,” the fundamentals of Ethereum “are slightly less dependent on speculation and may be less volatile over the long term.” Thus, neither platform is risk-free, but Ether’s broader utility may afford it more resilience in bear markets. Related Reading: Solana Back Above Weekly & Monthly Support Levels – Analyst Expects New ATH Despite this, short-term narratives and technical milestones could tip market sentiment in Solana’s favor in 2025. Specifically, Solana’s upcoming Firedancer upgrade “promises a substantial increase in transactions per second (TPS), which may directly enhance Solana’s value proposition.” Ethereum’s Prague/Electra upgrade, meanwhile, “is expected to generate less community hype as it does not significantly impact ether’s value proposition.” Another key differentiator is Ethereum’s presence in US based spot exchange-traded funds (ETFs), a channel of accessibility that helps drive institutional and retail demand. However, Wadington highlights that this advantage “may disappear at some point under the Trump administration,” pending regulatory developments that “could either solidify Ether’s advantage in this area or completely remove it.” Related Reading: Solana Rally Stalls: Pullback To Key Support Signals Potential Correction Ultimately, Wadington suggests that fundamentals may reassert themselves over hype as the market progresses: “Although Solana appears to have more short-term tailwinds than Ether, its relative performance could provide significant upside for ether, similar to how Solana’s prior underperformance provided a substantial runway leading into 2024. As prices get extended throughout this bull market, investors will likely increasingly focus on fundamentals, which may sway them back into ether.” Has Ethereum Made A Misstep? Turning specifically to Ethereum, the paper delves into ongoing debates around Ethereum’s rollup-centric roadmap. In Wadington’s words: “The rollup-centric roadmap was designed to scale Ethereum while keeping the Layer 1 blockchain easy to run. However, since the Deneb-Cancun upgrade, there has been debate about this decision as Layer 1 fees have plummeted.” While lower fees might appear detrimental to direct revenue for Ether holders, Fidelity’s position is that the long-term benefits outweigh the short-term revenue drop. Wadington reiterates: “We continue to believe that revenue from the blob market is unlikely to offset the dramatic decrease in revenue created by the previous upgrade in the short term, yet it still carries long-term positive benefits through improved network effects.” In this view, Ethereum’s ecosystem stands to benefit from a mutualistic relationship with Layer 2s, which inherit Ethereum’s security and liquidity. The foundation’s priority, as Wadington writes, is ensuring “near-zero fees to keep Layer 2s within the Ethereum ecosystem.” This could foster more specialized Layer 2 projects in 2025, as developers customize entire tech stacks for niche use cases such as the Ethereum Name Service (ENS). At press time, Solana traded at $197. Featured image created with DALL.E, chart from TradingView.com
Ethereum co-founder Vitalik Buterin has published a sweeping vision for a new era of “decentralized and democratic differential defensive acceleration,” warning that superintelligent AI may pose existential threats unless humanity adopts a carefully balanced approach of accelerating protective technologies, fostering openness, and building strong liability and regulatory safeguards. Ethereum Founder Wars Of AI Doom “It’s […]
Anthony Sassano, an independent Ethereum educator, angel investor, advisor, and founder of The Daily Gwei, shared his Ethereum predictions for 2025 via X, outlining a series of significant milestones and advancements he expects to unfold this year. Ethereum Predictions 2025 Ethereum will celebrate its 10th birthday this year and Sassano predicts that Ether (ETH) will […]
Although Ethereum is currently up by about 46% from the starting point at the beginning of 2024, December has been underlined by a notable correction. This correction saw Ethereum declining noticeably from a $4,000 price point in the middle of the month, and it now finds itself consolidating below $3,400. Crypto analyst Trader Tardigrade recently shared a bullish outlook for Ethereum in light of this consolidation. Particularly, the analyst has projected a surge to $8,000 sometime in 2025. Historical Pattern Says Bullish Trajectory For Ethereum Trader Tardigrade, known for identifying long-term market trends, took to social media platform X to share insights into Ethereum’s price potential. According to technical analysis, the second-largest cryptocurrency is now in its final consolidation phase before commencing a strong leg upwards. This consolidation has made ETH’s previous all-time high look unsurmountable, especially as it has faced resistance at the $4,000 price level multiple times in the current market cycle. Despite this, according to Trader Tardigrade, Ethereum’s target of $8,000 remains unchanged. Related Reading: Legendary Analyst Peter Brandt Says Bitcoin Price Could Crash To $78,000, Here’s Why The foundation of Trader Tardigrade’s analysis lies in ETH’s weekly candlestick chart, where patterns from the previous market cycle between 2018 and 2021 provide a roadmap for its current trajectory. During that earlier cycle, Ethereum consolidated near the $500 mark for an extended period, and its then all-time high of $1,500 seemed out of reach. However, this consolidation was followed by an explosive rally in 2021 amidst a backdrop of inflows and interest in the broader cryptocurrency market. Trader Tardigrade sees parallels between that historical period and Ethereum’s ongoing price action in the 2021–2025 cycle. Therefore, the cryptocurrency’s current consolidation phase is building the necessary momentum for a similar rally, one that could ultimately push Ethereum to an unprecedented $8,000 price. ETH Long-Term Holders Await Renewed Rally To New All-Time Highs Reaching the $8,000 price target would see Ethereum trading at new highs and 64% above its current all-time high of $4,878. Although this outlook is based on parallels with the 2021 rally, factors that could push ETH in the current cycle are very different than they were back then. Ethereum’s rally in 2021 was bolstered by interest in decentralized finance (DeFi), non-fungible tokens (NFTs), dApps, and smart contracts, of which ETH was at the forefront. Related Reading: Dogecoin Price At $5: Analyzing Previous Trends And Why A 1,500% Rally Is Possible Recent market dynamics place factors such as institutional demand and inflows into Spot Ethereum ETFs as the major drivers of any projected Ethereum price rally at this point. Amidst this backdrop, on-chain data shows that Ethereum has attracted more long-term holders in 2024 compared to Bitcoin. As it stands, around 75% of ETH holders qualify as long-term holders, with many of them anticipating ETH’s move above $5,000 and beyond in 2025. At the time of writing, Ethereum is trading at $3,354, and a move to $8,000 would represent a 140% increase from the current price level. Featured image created with Dall.E, chart from Tradingview.com
As the crypto market prepares to close the year, the Ethereum price is showing strength against Bitcoin (BTC) as it aims for a mid-high timeframe reversal. A breakout above a critical resistance level could signal a potential shift in price action, paving the way for Ethereum’s dominance and potential rally in Q1 2025. Ethereum Price Poised For Breakout Against Bitcoin A crypto analyst, known as ‘Daan Crypto Trades,’ shared a price chart representing the ETH/BTC trading pair, providing a detailed analysis of the probability of a reversal and its impact on the strength of the altcoin market. According to the analyst’s X (formerly Twitter) post, the Ethereum price is attempting to form a higher low near the 0.786 Fibonacci retracement level at 0.0337, signaling the start of a potential trend reversal against Bitcoin. Related Reading: El Salvador Bitcoin Buying Spree Continues, BTC Holdings Now At 6,000 The 0.786 Fibonacci level appears to act as a strong support zone, indicating a possible shift from bearish to bullish. Daan also disclosed that the 0.04 BTC level has emerged as a key resistance level that needs to be broken for further bullish momentum to occur. The analyst emphasized that a breakout above the 0.04 BTC level would confirm the mid-high timeframe trend reversal. If this happens, it could significantly weaken Bitcoin’s dominance and indicate an increased strength in altcoins, especially Ethereum. In the context of the ETH/BTC analysis, a mid-high timeframe reversal suggests that Ethereum could establish a bullish trend over the next few weeks to months. This timeframe is also used to assess broader trends rather than short-term price movements. Moving forward, Daan revealed that historically, the ETH/BTC trading pair have performed well during the first quarter of the year, aligning with seasonal trends that typically favor altcoins. If this historical pattern holds, the analyst believes that a breakout above the 0.04 Bitcoin level could lead to a significant rally for Ethereum and the altcoin market. Additionally, this projected rally is expected to occur in Q1 2025, resulting in a significant surge from the 0.040 BTC level to the 0.046 mark, as indicated by the analyst’s chart. Implications On The Altcoin Season If Ethereum breaks out of the 0.04 BTC level, it could mark the beginning of a bullish phase not just for the second-largest cryptocurrency but for the broader altcoin market. Historically, Ethereum’s market performance has acted as a measure of altcoin strength. Related Reading: XRP Price Prediction: Fibonacci And Elliott Wave Analysis Suggests $15 By May 2025 If Bitcoin’s dominance declines, it could trigger a surge of interest and demand from investors to altcoins. Currently, Bitcoin’s dominance is standing at 57.8%, still relatively high despite price declines and market volatility. For the altcoin season to fully kickstart, the market’s attention will need to shift from Bitcoin to alternative cryptocurrencies. A crypto analyst, identified as the ‘Crypto Rover’, disclosed in a recent post that Bitcoin’s dominance is experiencing a bearish retest and could potentially decline to 42%. If this occurs, the analyst asserts that it would be incredibly bullish for altcoins, potentially marking the start of the anticipated altcoin season. Featured image created with Dall.E, chart from Tradingview.com
Historical data shows that the Ethereum price could enjoy huge gains in the first quarter of 2025. Based on this data, crypto analyst Kaduna predicted that the second-largest crypto by market cap could usher in the altcoin season at the start of the new year. Historical Performance Shows What To Expect From Ethereum Price CryptoRank data shows that the Ethereum price could enjoy positive monthly gains throughout the first quarter of 2025. This is based on historical trends that show that Ethereum enjoyed green monthly closes in Q1 of the 2017 and 2021 bull runs, the following years after the Bitcoin Halving. 2025 is expected to follow 2017 and 2021, as the Halving event occurred this year. Related Reading: Here Are The Major Bitcoin Support Levels To Watch As Bulls Push For $100,000 Again In 2017, the Ethereum price enjoyed gains of 34%, 47%, and 215% in January, February, and March, respectively. Meanwhile, in 2021, Ethereum recorded gains of 78%, 7%, and 35% in the first three months of the year. Therefore, ETH could replicate such massive gains in the first quarter of next year. Based on this historical trend, crypto analyst Kaduna suggested that this isn’t the time to bearish on the Ethereum price, as he advised market participants not to fumble their ETH bags. The analyst added that ETH will lead the altcoin season, possibly as it replicates the 2017 and 2021 Q1 performances next year. This historical trend provides a bullish outlook for the Ethereum price, which has underperformed this year compared to other major cryptocurrencies. Ethereum boasts a meager year-to-date (YTD) gain of around 47%. Moreover, the second-largest crypto has struggled to hold above the psychological $4,000 level and has come nowhere close to its current all-time high (ATH) of $4,800. However, it is worth mentioning that the Ethereum price hit its current ATH in 2021. As such, if ETH replicates its 2021 run in 2025, then it could easily reach a new ATH. ETH’s Time Will Come Crypto analyst Ted provided a bullish outlook for the Ethereum price, stating that ETH’s time will soon come. The analyst cited another data, which shows that the first quarter of 2025 will be huge for Ethereum. He noted that ETH and BTC’s dominance move inversely during a bull run. Currently, Bitcoin’s dominance is on the verge of a big leg down, which is why Ted is confident that ETH will soon pump to new highs. Related Reading: Analyst Says XRP Price Will Outperform Bitcoin And Ethereum, Reveals ‘Secret Under The Hood’ In line with this, Ted boldly predicted that the Ethereum price will reach $10,000 in 2025. Crypto analyst Trader Tardigrade also provided a bullish outlook for Ethereum. He stated that the crypto has completed the contracting triangle as a local bottom. His accompanying chart showed that ETH could rebound towards $4,000. At the time of writing, the Ethereum price is trading at around $3,380, down in the last 24 hours, according to data from CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com
Ethereum, the second-largest cryptocurrency after Bitcoin, has reached a significant milestone after its Total Value Locked (TVL) surpassed $90 billion this month. This massive surge marks the highest TVL Ethereum has recorded since April 2022, igniting discussions about the likelihood of a huge price rally in the coming months. Ethereum TVL Hits New Milestone With $90 Billion Growth Data from DeFi TVL aggregator DefiLlama reveals that Ethereum’s TVL has surged past $90 billion, reaching its highest level since April 2022. This unexpected resurgence signifies a potential comeback for the altcoin giant, further solidifying its position at the forefront of the DeFi ecosystem. Related Reading: Ethereum Price Prediction: Inverse Head And Shoulders Pattern Says ETH Will Touch $12,000 A surging TVL generally signals an increased usage and adoption of Ethereum’s blockchain ecosystem. It reflects both interest and confidence from institutional and individual investors, underscoring a potential shift in market sentiment from bearish to bullish. The massive growth in Ethereum’s TVL has also sparked debates about its potential impacts on the altcoin’s price trajectory. Various analysts are speculating that this distinct milestone could trigger a price recovery for Ethereum, which has been experiencing a prolonged consolidation since its decline below $4,000. Commenting on Ethereum’s $90 billion TVL growth, crypto analyst ‘Bitcoin Buddha’ suggested that the top altcoin could be at the beginning of its next bull run, driven by market sentiment and steady bullish momentum. The analyst also cautions that not holding ETH could lead to regret, predicting an bullish altcoin season and an Ethereum bull run by 2025. Echoing this enthusiasm, a crypto member known as ‘CR’ emphasized that 2025 could be a pivotal year, as he anticipates a potential bull rally for Ethereum. The price of ETH is currently trading at $3,368, reflecting more than a 15% crash from its previous price high around the $4,000 mark. While Ethereum’s $90 billion TVL growth is a major development, DefiLlama has recorded a significant drop, with the TVL currently at $69.31 billion. Despite this decline, analysts remain optimistic about Ethereum’s future price prospects. Analysts Strong Bullish Stance On Ethereum Price Potential Various crypto community analysts are super bullish on Ethereum’s future outlook, projecting massive price rallies by 2025. According to crypto analyst Mags, Ethereum is gearing up for a massive price rally that could propel it to a new all-time high of $7,297. Related Reading: Dogecoin Price Breaks Out Of Symmetrical Triangle Pattern, Analyst Puts Target Above $0.37 Another analyst, known as ‘Mister Crypto,’ shares a similar bullish sentiment and projects that Ethereum could experience a price explosion by Q1 2025. This forecast is based on a historical trend, where Ethereum typically experiences a price rally after Bitcoin’s halving year. Mister Crypto has also highlighted a growing interest among whales, with these large-scale investors seemingly preparing for a bullish surge in Ethereum. The analyst reported that Ethereum whales are accumulating tokens exponentially, further strengthening the likelihood of a potential price pump. Featured image created with Dall.E, chart from Tradingview.com
The Ethereum price is showing signs of a breakout, as an analyst has identified the formation of an inverse head and shoulder pattern on its 6-month long-term price chart. This bullish formation has fueled predictions that Ethereum could rally to $12,000 soon, marking a new all-time high for the second-largest cryptocurrency by market capitalization. Ethereum Price Targets $12 With New Chart Pattern In a Tuesday X (formerly Twitter) post, crypto analyst Tony Severino released an Ethereum price chart illustrating an inverse head and shoulder, a technical analysis indicator signaling a potential trend reversal. This distinctive chart pattern has four key components: a left shoulder, head, right shoulder, and neckline. Related Reading: Is Altcoin Season Here Already? VanEck Answers As Bitcoin Price Struggles Below $100,000 Typically, when the pattern is completely formed, and a cryptocurrency breaks through the neckline, it indicates a potential shift from a downtrend to an uptrend. In Ethereum’s case, its price has been on a significant downward trajectory, declining by over 8% in the past week. Despite dropping from a price high of over $4,000 to below $3,500 recently, Severino remains optimistic about Ethereum’s potential for a trend reversal, predicting a bullish price target of $12,000 for the top altcoin. Examining the analyst’s price chart, the left shoulder of the inverse head and shoulder was formed in 2021, while the head emerged during Ethereum’s price crash at the end of 2022, marking the lowest point in the pattern. Additionally, the right shoulder of the inverse head and shoulder pattern is complete, with Ethereum recently testing the neckline — a key resistance level by a horizontal trendline. At the time, Ethereum broke above $3,400, confirming the bullish trend reversal often associated with this chart pattern. Looking at the price chart, the distance between the head and the neckline measures approximately 265.84%, suggesting that Ethereum could rally between $10,000 and $12,000 if the pattern plays out as expected. The upward-sloping channel of the inverse head and shoulder further supports this bullish trend outlook, with Severino’s Ethereum price target likely aligning with the channel’s trajectory. Ethereum Whale Accumulation Trend Skyrockets While the Ethereum price is trading at $3,493 after surging by 2.3% in the past 24 hours, an analyst known as ‘Mister Crypto’ revealed that whales have been on a major buying spree. Related Reading: Bitcoin Price Can Recover To $107,000 Again If This Important Level Is Broken The analyst shared a chart illustrating Ethereum’s balance on accumulation addresses. He disclosed that Ethereum whales are purchasing ETH tokens exponentially, steadily increasing their holdings since 2017. The sharp rise in accumulation suggests that investors are potentially positioning themselves ahead of a bullish price action. The red arrow in the analyst’s chart also shows a major spike in the ETH balance on accumulation addresses in recent months. Most wallets associated with this surging accumulation have seen minor outflows, signaling long-term holding behavior by investors. Featured image created with Dall.E, chart from Tradingview.com
The Ethereum price could face some turbulence, as Justin Sun, the founder of Tron (TRX), has unstaked a whopping $209 million from Lido Finance, a liquid decentralized staking platform for Ethereum. Compared to top cryptocurrencies like Bitcoin (BTC) and Dogecoin (DOGE), the Ethereum price has had a relatively muted performance, skyrocketing to $4,000 before consolidating and struggling to move higher. With the possibility of more sell-offs, Ethereum could see its price crashing down if Sun decides to dump more coins. Justin Sun Dumps ETH New reports from Spot On Chain, an AI-driven crypto platform, revealed that Sun recently applied to withdraw a staggering 52,905 ETH tokens worth about $209 million from Lido Finance. According to the on-chain data, this massive withdrawal was part of the ETH stash Sun allegedly accumulated between February and August 2024. Spot On Chain has revealed that the total amount of Ethereum Sun bought within this period amounted to 392,474 ETH tokens, valued at $1.19 billion. All of these tokens were purchased via three wallet addresses at an average price of $3,027. Presently, the total profit the Tron founder has acquired since his purchase is up to $349 million, representing a 29% increase from its purchasing price. Interestingly, on October 24, Sun had unstaked a massive 80,251 ETH tokens, worth over $131 million, from Lido Finance. Four days later, he transferred the entire amount to Binance, the world’s largest crypto exchange. This notable move took place just before the price of Ethereum had dropped sharply by 5% in mid-October, which could have resulted in a loss for Sun. Unsurprisingly, this is not the first time Sun has dumped Ethereum. Spot On Chain revealed earlier this month that the Tron Founder had been cashing in his Ethereum holdings during the market rally. In November, Sun deposited 19,000 ETH worth $60.83 million to HTX, a crypto exchange. Additionally, he transferred 29,920 ETH valued at $119.7 million to HTX again after its price surpassed $4,000 over the past week. These are just a few transactions the Tron founder has made with ETH over the past month. Given Sun’s history of large-scale asset movements, further sell-offs could impact the already fragile Ethereum market. Nevertheless, the lingering question remains whether the Tron founder will continue his Ethereum dumping spree. Ethereum Price Crash Ahead? While Sun has not publicly commented on his recent large-scale Ethereum withdrawals, the size and timing of these transactions could pose a problem for the altcoin’s future trajectory. Historically, large ETH liquidations have triggered a price crash due to increasing selling pressures. Related Reading: Time To Sell XRP? Price Completes Head And Shoulder Pattern, Suggesting Crash To $2.2 Is Imminent With the price of Ethereum still unstable and aiming for a stronger upward rally, further large-scale ETH dumps could exacerbate market volatility, especially if other investors or whales follow suit. For now, the price of Ethereum seems to be performing well, recording a more than 7% increase in the last seven days and a 28% surge over the past month, according to CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com
For the first time in over three years, Ethereum (ETH) has reached the significant price milestone of $4,100. This level has proven to be a key resistance point for investors, especially as the leading altcoin struggled to breach it during the bullish momentum experienced in the first quarter of this year. Poised For Rally If It Breaks $4,000-$4,100 Resistance? The renewed bullish sentiment among crypto investors has led analysts to forecast potential new all-time highs for Ethereum, surpassing its previous record of $4,878, set in November 2021. For instance, crypto analyst Justin Bennett noted on social media platform X (formerly Twitter) that ETH had previously faced technical barriers in surpassing the $4,000 threshold and acknowledged that Bitcoin has been the focal point of market attention in December. Related Reading: MicroStrategy Raises Stakes, Acquires $1.5 Billion In Bitcoin Amid Positive Market Outlook However, the analyst emphasized that if ETH’s price can successfully navigate the critical $4,000 to $4,100 range in the short term, it could pave the way for a rally back toward its all-time high zone, with the potential to reach mid-$5,000 levels, thereby completing the current bullish channel for the altcoin. Bennet also suggested that now is the opportune moment for the ETH price to target a new all-time high as he believes that the altcoin could see “some of those Bitcoin (BTC) profits” flow into the Ethereum market soon. Ethereum Price To Reach $15,937 By May 2025? Adding to this bullish outlook, market expert VentureFounder shared even more optimistic predictions, anticipating an extended bullish momentum for ETH over the next seven months, and projecting it to reach a new all-time high of $15,937 by May 2025. VentureFounder linked this forecast to historical patterns, noting that the first quarter following Bitcoin’s Halving events typically initiates a surge toward new record highs. He further indicated that Ethereum often enjoys a year of strong performance after such Halving events, the latest of which occurred in April of this year. This year has already seen significant similarities with the past for both Bitcoin and Ethereum. Prior to Bitcoin’s Halving, the cryptocurrency experienced a substantial rally, fueled in part by the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). Related Reading: The $589 XRP Dream: Believers Aren’t ‘Delusional’ Enough, Expert Says At the time, the Bitcoin price reached a new all-time high just above $70,000 in March, and it has since risen by more than 50% to a new record of $107,000, despite challenging second and third quarter price action. Ethereum also experienced significant growth, posting its strongest first quarter in more than three years, rising from $2,260 in February to nearly 100% in just 30 days. However, it remained below the $4,100 threshold until recently, consistent with Bitcoin’s increasing trajectory. Overall, VentureFounder’s analysis, together with the price movements of both Ethereum and Bitcoin this year, gives a solid foundation for believing that ETH may be poised for significant rises in the coming months if the experts’ projections and prior patterns hold true. At the time of writing, ETH is attempting to consolidate at around $4,014. This level will be crucial for determining whether further upward momentum will occur in the coming days or if additional tests of price support are on the horizon. Featured image from DALL-E, chart from TradingView.com
In a post on X, Matthew Sigel, Head of Digital Assets Research at investment management firm VanEck, suggested that Microsoft may be open to invest in an Ethereum (ETH) exchange-traded fund (ETF) if it fulfills the company’s yield requirements. Sigel remarked that it “sounds to [him] like MSFT is open to an ETH ETF as […]