As the cryptocurrency market continues to navigate its current bullish trend, analysts are predicting that Ether (ETH) could reach a new all-time high of over $5,000 by the end of 2025. This prediction is based on technical chart patterns and the correlation between Ether’s price and Bitcoin’s (BTC) historic highs.
Fractal Patterns Suggest a Minimum Target Price
According to popular crypto analyst Titan of Crypto, Ether’s rally to the $5,000 record high may be a "minimum target." This conclusion was reached after analyzing fractal patterns shared by Titan on X. Fractals are price patterns that repeat themselves at different scales, allowing technical traders to identify key support and resistance levels and potential trend reversals based on historical data.
Ether’s Price Remains Below Historical Highs
Despite the potential for a significant price increase, Ether’s current price remains 18% below its old all-time high of $4,800. This level represents a significant resistance point for the world’s second-largest cryptocurrency. As can be seen in the chart below, ETH/USD is still lagging behind BTC’s historic highs.
Market Capitalization and ETF Inflows
Ether’s market capitalization stands at $479 billion, making it one of the largest cryptocurrencies by market value. Interestingly, this valuation is higher than Bank of America’s $358 billion market capitalization, as shown in the data from Companies Market Cap.
Positive net inflows into US spot Ether exchange-traded funds (ETFs) could also contribute to Ether’s predicted price appreciation. This trend has been observed over the past week, with BlackRock’s latest ETF acquisitions supporting Ether’s price rally to its old all-time high.
BlackRock ETH ETF Acquires $500 Million of Ether
On December 6, onchain intelligence firm Arkham Intelligence shared that BlackRock’s ETF bought over $500 million worth of Ether during the past week. This acquisition has doubled the ETH holdings of the BlackRock ETF over the past month. As shown in the data from Dune, the cumulative inflows into the Ether ETFs reached a new high of $698 million during the past week.
Ether Golden Cross Signals More Upside Momentum
An emerging golden cross on the Ether chart could also contribute to its price rally. This phenomenon was noted by crypto analyst Venture Founder in their X post:
"Last time this happened, #Ethereum was still in the consolidation stages of the bear market but it still went +129%. In the 2021 bull market, the last golden cross took ETH +2,323%."
Bullish Predictions for Ether Price
Increasingly, analysts are bullish on Ether price, with some predicting an ‘impulse breakout’ to $15,000 by the end of 2025. This prediction is based on the correlation between Ether’s price and Bitcoin’s historic highs.
In conclusion, technical chart patterns and analyst predictions suggest that Ether could reach a new all-time high of over $5,000 by the end of 2025. The correlation between Ether’s price and Bitcoin’s historic highs, as well as positive net inflows into US spot Ether ETFs and BlackRock’s latest acquisitions, contribute to this prediction.
References
- Titan of Crypto: Fractals shared on X (December 6)
- Arkham Intelligence: Onchain data shared on X (December 6)
- Dune: Data on Ethereum ETF flows
- Venture Founder: Golden cross analysis shared on X (December 6)
Note: The references provided are links to the original posts and data sources mentioned in the article.
