Home Tags Posts tagged with "eth"
Tag:

eth

Ethereum price prediction
Altcoin

Ethereum Price Prediction: Analysts Target $5K After Breakout

by Ouess
written by Ouess

Ethereum Price Prediction Points to $5,000 After Bullish Technical Breakout

A bold new Ethereum price prediction is gaining traction as ETH surges past $3,100, breaking free from a major bullish chart pattern. Analysts are now mapping a path toward the $5,000 target, fueled by a potent mix of technical strength, a foundational network upgrade, and staggering institutional conviction. The pieces are aligning for a potential mega-rally.

Technical Fuel: The Bullish Falling Wedge Breakout
The primary technical driver is a confirmed breakout from a falling wedge pattern on the daily chart. This is a classic reversal formation that often precedes powerful upward moves. The successful escape from this pattern has analysts setting their initial mid-term target at $5,000. This breakout is further supported by on-chain data, with Ethereum’s Taker Buy/Sell Ratio on Binance hitting its highest level since August, signaling a decisive shift from sell-side to buy-side pressure.

Ethereum price prediction
ETH Price Source : TradingView

Fundamental Catalyst: The Fusaka Upgrade Goes Live
This technical leap is grounded in a fundamental milestone: the successful mainnet activation of the Fusaka upgrade. This major network enhancement advances Ethereum’s data availability and scaling roadmap, directly improving the foundation for Layer-2 networks. The upgrade has acted as a catalyst, with immediate spot buying absorbing a notable ETF outflow, underscored by giants like BlackRock continuing to accumulate ETH aggressively.

Institutional Vision: Tom Lee’s $62,000 Ultra-Bullish Case
While the $5,000 target is gaining focus, top-tier institutional analysts are looking far beyond. Fundstrat’s Tom Lee argues Ethereum is evolving into the “core financial settlement layer” for tokenized real-world assets. His forecasts are staggering: a return to historical ratios could mean $12,000 ETH, and in an extreme scenario where ETH becomes the backbone of global finance, a $62,000 price is conceivable. He asserts the traditional 4-year cycle is dead, replaced by institutional-driven growth.

My Thoughts
The convergence here is extraordinary. We have a clear technical breakout, a delivered core protocol upgrade, and unmatched institutional bullishness all syncing simultaneously. While Lee’s $62K scenario is for the distant future, it frames the staggering potential institutions see. The more immediate Ethereum price prediction of $5,000 is highly plausible if ETH can conquer the nearby $3,300 resistance. The market is no longer guessing; it’s pricing in Ethereum’s central role in the future of finance.

0 comment
0 FacebookTwitterPinterestEmail
Ethereum price rally
Altcoin

Ethereum Price Rally Past $3K as Fusaka Upgrade Goes Live

by Ouess
written by Ouess

Ethereum Price Rally Ignites as Major Fusaka Upgrade Activates

The Ethereum price rally is officially on, with ETH decisively breaking above the psychological $3,000 barrier. This surge follows the successful activation of the Fusaka upgrade on December 3rd, marking Ethereum’s most significant scalability leap since EIP-4844. The network is now primed for substantially lower rollup costs, but the charts show a critical technical battle is just beginning.

The Fusaka Upgrade: Fueling the Rally
The Fusaka upgrade is a game-changer for network capacity. Its star feature, PeerDAS (Peer Data Availability Sampling), allows validators to verify data efficiently without downloading entire blobs. This technical marvel paves the way for an order-of-magnitude increase in blob throughput. Furthermore, the upgrade doubles block gas limits and sets the stage for two more blob-parameter expansions in the coming weeks. This directly tackles high transaction fees, laying the foundation for mass adoption heading into 2026.

Technical Battle at a Critical Resistance Zone


While the breakout past a key descending trendline is bullish, the path ahead is contested. ETH now faces a massive wall of resistance where its 20-day, 50-day, and 200-day Exponential Moving Averages (EMAs) converge. This dense cluster has capped every major rally attempt for months. Additionally, the Supertrend indicator remains in bearish territory, signaling caution. For this Ethereum price rally to transition into a sustained uptrend, a decisive daily close above this EMA jungle is absolutely critical.

Ethereum price rally
ETH Price Source : TradingView

Derivatives Traders Bet on Continued Volatility
Supporting the bullish momentum, derivatives data shows a notable rise in Open Interest. This means traders are piling back into leveraged positions, anticipating significant price movement in the near term. This renewed speculative interest adds fuel, but also volatility, to the current breakout attempt.

Ethereum price rally
ETH Open Interest Source : Coinglass

My Thoughts
Fusaka is a monumental step for Ethereum’s roadmap, directly addressing its core scalability challenges. The price reaction is justified, but the technicals present a clear line in the sand. This isn’t just a meme coin pump; it’s a fundamental re-rating of network capacity. If buyers can muster the strength to absorb selling pressure at the EMA cluster and reclaim it as support, it would signal a major trend reversal and could open the floodgates to $3,500 and beyond. The next 48-hour close is paramount.

0 comment
0 FacebookTwitterPinterestEmail
Ethereum price analysis
Altcoin

Ethereum Price Analysis: December Bullish Signals Emerge

by Ouess
written by Ouess

Ethereum Price Analysis: A Critical December Inflection Point

Ethereum is setting up for a potentially explosive December. The charts, on-chain data, and a looming network upgrade are all converging for a classic make-or-break moment. Right now, ETH is battling at a crucial demand zone, and the outcome will likely dictate the trend for the rest of the month.

Technical Picture Shows Bullish Reversal Signs
Currently, Ethereum Price Analysis is holding strong near a key demand zone around $2,800 and now trading above 2,900. This area has repeatedly attracted buyers, forming a solid foundation. Crucially, the price recently broke out of a descending channel and then successfully retested it as new support. This is a textbook bullish confirmation that traders love to see. Furthermore, the formation of a double-bottom pattern around $2,723 screams that sellers are losing momentum. If buyers maintain control here, the path opens for a run toward $3,080, then potentially $3,630.

Ethereum price analysis

Indicators are flashing early green shoots, too. The RSI is nearing oversold territory, which often signals a discount buying opportunity. Meanwhile, the MACD has just executed a bullish crossover, with its histogram turning green. This classic shift suggests early momentum is building for the bulls.

Institutional “Smart Money” is Accumulating
Here’s where it gets really interesting. Despite nearly $80 million in ETF outflows this week, the market absorbed it beautifully. Why? Because that supply is being scooped up aggressively by large institutions. For example, BitMine bought almost 100,000 ETH, and BlackRock added millions more. This creates a powerful supply shock: coins are leaving exchange liquidity just as heavyweight demand surges. This is a massively bullish imbalance.

Ethereum price analysis
ETH Price Source : Farside Investors

The Catalytic Fusaka Upgrade
Adding rocket fuel to this setup is the imminent Fusaka upgrade on December 3rd. This network enhancement aims to improve execution flow and reduce congestion. Clearly, the “smart money” is positioning ahead of what could be a significant improvement in Ethereum’s utility and efficiency. History shows that major Ethereum upgrades often act as powerful price catalysts.

My Thoughts
The confluence of technical strength, aggressive institutional accumulation, and a fundamental network upgrade is rare and powerful. This isn’t just speculative hype; it’s a multi-layered bullish thesis. December is shaping up to be a decisive month, and all signs point to the potential for a significant move upward if current support holds.

0 comment
0 FacebookTwitterPinterestEmail
Ethereum accumulation
Story

Bitmine’s Ethereum Accumulation As It Buys $44M ETH

by Ouess
written by Ouess

Bitmine’s Ethereum Accumulation Spree Continues with $44 Million Purchase

The institutional buying frenzy for Ethereum is accelerating. Bitmine Immersion Technologies, the Tom Lee-backed crypto treasury giant, has acquired another 14,618 ETH—worth approximately $44.34 million—according to on-chain data from November 28. This latest move is part of an aggressive Ethereum accumulation strategy that has seen the firm purchase over $180 million in ETH within a single week. As spot Ethereum ETFs see revived inflows, Bitmine is positioning itself as the ultimate corporate whale, now holding a staggering 3.6 million ETH, which represents 3% of the entire circulating supply.

The Scale of Bitmine’s Ethereum Accumulation

The numbers behind this Ethereum accumulation are breathtaking. Bitmine’s total crypto holdings are valued at $11.2 billion, giving it a market NAV (mNAV) ratio of 1.08. This relentless buying occurs alongside a resurgence in U.S. spot Ethereum ETFs, with giants like BlackRock and Fidelity recording substantial inflows before the Thanksgiving holiday. The market is clearly rewarding this strategy; BMNR stock surged 9.79% to close at $31.74 on Wednesday, with a further 3.65% jump in after-hours trading. Institutional ownership has exploded from 10 million to 100 million shares within a month, proving that traditional investors are bullish on Bitmine’s treasury strategy.

Ethereum Price Holds Critical $3,000 Support

The fundamental demand from Bitmine and ETFs is providing a solid foundation for ETH’s price. Ethereum is trading firmly at $3,019, up 15% over the past week. While spot volume has dipped 31%, indicating some trader caution, the derivatives market tells a different story. Futures open interest has increased 0.71% in the last 4 hours, signaling a revival of bullish sentiment. Analysts are now watching for a decisive weekly close above $3,000, which could trigger the next leg up toward the $3,300-$3,400 range. An RSI breakout on the ETH/BTC chart further supports the case for imminent outperformance against Bitcoin.

Ethereum accumulation
ETH Price Source : TradingView

My Thoughts

Bitmine isn’t just accumulating; it’s executing a sovereign-level treasury strategy. Their relentless buying at these levels signals an extreme conviction that current prices are a long-term bargain. When a firm with $12 billion in enterprise value dedicates its balance sheet to ETH, it creates a non-cyclical demand base that will support the market for years. The convergence of corporate buying, ETF inflows, and positive technicals creates a perfect bullish storm. I believe we are witnessing the early stages of an institutional FOMO wave that will dwarf retail participation.

0 comment
0 FacebookTwitterPinterestEmail
Ethereum accumulation
Altcoin

Ethereum Accumulation Continues with New $173M ETH BitMine Purchase

by Ouess
written by Ouess

While weak hands are selling, a giant is loading up. BitMine Immersion Technologies (BMNR), the world’s leading corporate Ethereum treasury, has just executed another Ethereum Accumulation action.

BitMine’s Massive Ethereum Accumulation Continues with $173 Million Purchase

The firm revealed it snapped up over 54,000 ETH last week—a staggering $173 million purchase at current prices. This aggressive move boosts its total holdings to nearly 3.6 million ETH, putting it within striking distance of controlling a full 3% of the entire circulating supply. Despite this bold accumulation, BMNR shares dipped 2.6% to their lowest level since August, showing a stark disconnect between corporate strategy and market sentiment.

Strategic Positioning for the Long Haul

This buying spree isn’t happening in a vacuum; it’s a calculated bet against temporary fear. BitMine significantly bolstered its cash reserves to $607 million, up from $398 million just last week, providing ample dry powder for future acquisitions. Chairman Thomas Lee, co-founder of Fundstrat, directly addressed the current market weakness. He attributed the slump to a “wounded market maker” pulling back liquidity after October’s crash, creating a crypto-specific version of Quantitative Tightening (QT). Lee reassured investors that similar periods in 2022 lasted 6-8 weeks, implying this is a temporary liquidity crunch, not a fundamental breakdown.

The Driving Forces Behind the Ethereum Accumulation

Why such conviction? BitMine firmly believes the crypto cycle peak is still years away, potentially not arriving until 2026 or later. Lee’s shareholder note highlighted a major catalyst on the horizon: the tokenization of real-world assets (RWA). He sees Ethereum’s blockchain as the prime venue for tokenizing stocks, bonds, and real estate, calling it a “major unlock” for the entire global financial system. This long-term vision is what fuels the firm’s relentless Ethereum accumulation, positioning itself as a central gateway for traditional capital flowing into the ecosystem.

My Thoughts

This is a masterclass in contrarian investing. While retail panics over price, an institutional titan is executing a clear, capital-efficient strategy to dominate ETH ownership. The growing cash pile alongside constant buying suggests they see current prices as a generational discount. When liquidity returns to the market, BitMine’s strategic position could pay off exponentially.

0 comment
0 FacebookTwitterPinterestEmail
Ethereum price drop
Altcoin

Ethereum Price Drop 5% Despite Fed Rate Cut

by Ouess
written by Ouess

In a surprising turn of events, the Ethereum price drop 5% today, decisively losing the critical $4,000 support level. This bearish move happened despite what appeared to be a highly favorable macroeconomic backdrop. The Federal Reserve not only delivered a expected 25 bps rate cut but also announced a plan to end its quantitative tightening (QT) program. This classic “sell-the-news” reaction has left many traders questioning the short-term trajectory.

Macro Euphoria Fails to Lift ETH

The market’s reaction is a stark reminder that price movement is about expectations versus reality. While the Fed’s decision to end QT is structurally bullish for liquidity, it was likely already priced in. Consequently, traders used the event as an opportunity to take profits. Crypto analyst Ted Pillows highlighted the irony, noting that ETH fell despite these major developments. He suggests two paths forward: this is either a classic bear trap shaking out weak hands, or a signal that the market is headed significantly lower.

Spot ETF Flows Flip Negative

Adding fuel to the bearish fire, spot Ethereum ETF flows have reversed course. After two days of strong inflows, the funds saw net outflows of $84 million on October 29th. Fidelity’s FETH led the retreat with $69.5 million in outflows. This indicates that some institutional players are also taking a cautious stance in the short term. However, it’s not all doom and gloom; BlackRock’s iShares product still saw $21.4 million in inflows, showing that demand hasn’t completely vanished.

Ethereum price drop
Ethereum ETF Inflow Source : farside Investors

Key Levels to Watch Now

Ethereum price drop
ETH Price Source : TradingView

The technical picture has clearly weakened. The loss of the $4,000 level is a significant blow to bullish momentum. Analyst IncomeSharks warns that ETH must reclaim this level to keep the bull market intact. If it fails to do so, the next major support doesn’t appear until much lower, with some charts pointing toward the $2,200 area. Meanwhile, futures open interest dropped 2.7%, indicating a unwind of leveraged positions that contributed to the Ethereum price drop.

https://twitter.com/IncomeSharks/status/1983628001712730186

My Thoughts

This feels like a healthy, if painful, flush-out. The market needed to clear overleveraged longs and reset. The fundamental backdrop of ending QT is still positive, and this dip could be a prime accumulation zone for patient investors. However, if $3,800 breaks, a deeper correction to $3,500 is likely before the next leg up.

0 comment
0 FacebookTwitterPinterestEmail
BitMine buys ETH
Story

BitMine Buys ETH As Price Dips Below $4K

by Ouess
written by Ouess

While retail investors panicked during Monday’s market drop, one major player saw a golden opportunity. Blockchain firm BitMine buys ETH aggressively during the decline, purchasing 63,539 Ether worth $251 million as the price fell below $4,000. This massive accumulation continues the company’s strategy to build one of the world’s largest corporate Ethereum treasuries.

BitMine Buys ETH $251 million of it

The decision for BitMine buys ETH during weakness aligns with chairman Tom Lee’s public view that this pullback represents a strategic “buying opportunity.” Under his leadership, the company now holds an astonishing 3.29 million ETH, worth over $13 billion. This represents 2.73% of all Ethereum in existence, putting them closer to their ambitious goal of controlling 5% of the total supply.

Analysts See Rebound Ahead

Despite the worrying price action, several prominent analysts are turning bullish on Ethereum’s short-term prospects. Crypto expert Ali Martinez, who accurately predicted the recent pullback, now forecasts a rebound toward $4,440. He points to Ethereum bouncing from the lower boundary of a technical pattern that has contained its price since August.

Another trader, Merlijn, compared Ethereum’s current setup to gold’s chart right before its massive breakout earlier this year. The analysis suggests Ethereum could be on the verge of its own explosive move toward five-digit prices, potentially reaching $10,000.

These optimistic projections come despite ongoing outflows from spot Ethereum ETFs, which saw $145 million leave the funds recently. The divergence between institutional accumulation and ETF flows highlights the complex forces currently affecting Ethereum’s price.

BitMine buys ETH
ETH ETF inflows Source : Farside Investors

My Thoughts

When a firm that already holds $13 billion in Ethereum continues buying during dips, it’s a powerful signal. They’re not just talking about believing in Ethereum—they’re putting another quarter-billion dollars behind that belief. The combination of institutional accumulation and positive technical analysis suggests this drop may be more of a pause than a reversal. If Bitcoin stabilizes, Ethereum could lead the next leg up.

0 comment
0 FacebookTwitterPinterestEmail
buy the dip
Altcoin

Tom Lee: Buy The Dip Now

by Ouess
written by Ouess

Amid the market’s scary drop, a clear message is emerging from the experts: now is the time to buy the dip. Tom Lee, chairman of BitMine, is leading the charge, calling this pullback a “golden opportunity” for investors. His firm is backing this belief with action, moving over 177,234 ETH—worth $698 million—into its wallets during the downturn.

Why Buy The Dip Now

Lee isn’t just relying on hope. He points to hard data, noting that only 22% of fund managers are currently beating the market. This means most are underperforming and will soon feel pressure to jump back in, which could quickly fuel a rebound. His advice was blunt: “BTFD — that’s our take,” a trader’s phrase for buying during fear.

The positive news isn’t limited to crypto. Federal Reserve Chair Jerome Powell hinted at potential rate cuts, citing a weaker job market. This could inject fresh liquidity into risk assets like crypto, supporting the case to buy the dip.

Mixed Signals and Key Levels to Watch

Despite the bullish calls, caution signs remain. Ethereum’s trading volume fell 25% during its recent bounce, suggesting weak momentum. More alarmingly, the Korea Premium Index hit 8.2%, a level that has historically signaled local tops as Korean retail traders FOMO in.

buy the dip
ETH Price Source : TradingView

Technically, Ethereum is battling in a crucial zone between $3,870 and $3,920. A clean break above could send it toward $4,400, while a rejection might lead to a retest of $3,600. However, a mysterious whale accumulated over 4,300 ETH ($17 million) during the dip, showing big money is betting on a recovery.

My Thoughts

When giants like Tom Lee put half a billion dollars behind their words, it’s a powerful signal. The combination of institutional accumulation and a potentially dovish Fed creates a strong bull case. While the Korea Premium is a red flag, it often marks short-term tops, not the end of a bull market. For regular investors, this might be one of those scary moments that pays off handsomely for those who stay calm.

0 comment
0 FacebookTwitterPinterestEmail
ETH holdings
Story

BitMine ETH Holdings at 3M, Aims for 5% of Supply

by Ouess
written by Ouess

A stunning new whale has emerged in the Ethereum ecosystem. BitMine Immersion Technologies now commands a massive 2.5% of all circulating Ether after aggressively accumulating during recent market weakness. The company’s unprecedented ETH holdings have reached 3.03 million tokens, transforming it into a fundamental pillar of the entire Ethereum network.

BitMine’s Massive ETH Holdings Strategy

According to an October 13 press release, BitMine added 202,037 ETH during the recent market downturn. Chairman Thomas “Tom” Lee explained these strategic acquisitions targeted what he called a “substantial discount to the future.” He specifically noted that “volatility creates deleveraging,” allowing disciplined investors to acquire assets below their fundamental value.

The company’s current ETH holdings represent just the beginning of an incredibly ambitious strategy. BitMine publicly targets controlling 5% of Ethereum’s entire circulating supply. Achieving this goal would require doubling its current position to approximately 6 million ETH. This audacious accumulation is backed by a powerful consortium including ARK Invest, Founders Fund, Pantera Capital, and Galaxy Digital.

Beyond Ethereum: A Diversified Crypto Powerhouse

Beyond its monumental Ethereum position, BitMine maintains significant other assets. The company holds 192 Bitcoin, $104 million in cash, and a $135 million “moonshot” investment in Eightco Holdings. Combined with its ETH holdings, these assets create a total liquidity and crypto valuation between $12.9 and $13.4 billion.

ETH holdings
Ethereum Treasury Holdings Source : Coingecko

The market is clearly recognizing BitMine’s growing influence. The company’s stock (BMNR) has become one of America’s most heavily traded equities. Recent data from Fundstrat shows average daily trading volume reaching $3.5 billion, ranking it #22 among all U.S.-listed companies.

My Thoughts

BitMine is executing a corporate treasury strategy that makes even MicroStrategy look conservative. Controlling 2.5% of Ethereum’s supply creates incredible market influence and price stability. If they achieve their 5% target, BitMine would become inseparable from Ethereum’s ecosystem success. This represents a fundamental shift in how institutions approach crypto allocation.

0 comment
0 FacebookTwitterPinterestEmail
Ethereum price
Altcoin

Ethereum Price Shows Strength Amid Market Volatility

by Ouess
written by Ouess

While the broader market experienced a pullback, Ethereum is demonstrating remarkable resilience during this Ethereum price consolidation phase. Currently trading around $4,443, ETH remains well-positioned for its next major move despite the recent 5.3% dip. The token continues to show strength, maintaining 7% weekly gains and trading just 10% below its August peak of $4,946.

Institutional Demand Absorbs Selling Pressure

The real story behind this Ethereum price consolidation lies in the massive institutional inflows continuing to pour into spot Ethereum ETFs. SoSoValue data reveals another $420 million flowed into these funds on October 7, marking the seventh consecutive day of positive inflows. With total ETF assets now surpassing $30 billion, this consistent institutional demand creates a powerful floor beneath Ethereum’s price.

Ethereum price
ETH ETF inflow Source : SoSoValue

Meanwhile, exchange reserves have plummeted to a three-year low of 17.4 million ETH, down dramatically from 28.8 million in 2022. This supply squeeze is further amplified by public companies holding approximately 3.6 million ETH and the ongoing EIP-1559 burn mechanism permanently removing ETH from circulation.

Ethereum Price Technical Setup Hints at Impending Breakout

The technical picture confirms the consolidation narrative. Ethereum is trading comfortably within its Bollinger Bands, with the mid-band at $4,313 providing solid support. The RSI reading of 53 indicates perfectly balanced momentum—neither overbought nor oversold.

ETH Price Source : TradingView

Trading volume has surged 27% to $51.9 billion, while futures open interest declined 5.5%, suggesting healthy leverage flush-out rather than capitulation. This combination of strong volume and decreasing open interest typically precedes significant price moves.

Ethereum: Exchange Reserve Source : CryptoQuant

My Thoughts

This consolidation phase represents accumulation, not distribution. The combination of massive ETF inflows, shrinking exchange reserves, and balanced technicals creates a perfect storm for upside potential. While a break below $4,300 could test $3,900 support, the institutional bid appears strong enough to defend key levels. The path of least resistance remains upward.

0 comment
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
Social Media Auto Publish Powered By : XYZScripts.com
Skip to content