๐ Ethereum Price: Last Crash Before $ETH Hits Five Digits? ๐๐
๐ Final Dip Before the Bull Run? Crypto analyst Immortal claims that the 14.60% crash between December 16โ20 was the โlast dip everโ for Ethereum. Drawing comparisons to past fractals, the analyst predicts that ETH's next leg up could push its price into the five-digit territory.
๐ Whale Accumulation Signals Confidence: On-chain data from Santiment shows whales holding 10,000โ100,000 ETH bought 160,000 ETH during the crash. This significant buying activity suggests strong confidence in Ethereum's long-term outlook and hints at an upcoming recovery rally.
๐ผ Trump-Linked ETH Purchase: On December 20, Donald Trumpโs World Liberty Financial acquired 759 ETH worth $2.5 million. This move aligns with growing institutional interest in Ethereum, reinforcing the bullish narrative for ETH.
๐ Analyst Predictions for ETH:
Michaรซl van de Poppe: Targets $15,000โ$25,000 by 2025.
Jelle: Believes ETH must secure $4,000 as support for an explosive rally.
Venturefounder: Predicts an ETH breakout from a three-year triangle pattern, with a target of $15,937 by May 2025.
๐ฅ Conclusion: Despite the recent crash, whale activity, institutional buying, and bullish analyst forecasts point to a bright future for Ethereum. With growing confidence, ETH could soon break into the five-digit price range, marking a historic milestone. ๐๐๐