Is Ethereum Still Bullish? Price Predictions & Whale Moves

Ethereum (ETH) is stealing the crypto spotlight, nearing its all-time high of $4,875. With whale transactions soaring and technical signals screaming breakout, is ETH price still bullish? 

Let’s unpack the latest on Ethereum’s path to $13,000, fueled by big players and solid fundamentals.

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Whale Transactions Powering Ethereum’s Surge

Crypto whale BitMine is making waves, snapping up 46,000 ETH ($201M) from BitGo last week. Earlier, they grabbed 80,000 ETH ($358M) via FalconX and Galaxy Digital. 

Their total Ethereum stash? A whopping $9.6B. These bold moves signal strong belief in ETH’s bullish future.

Institutional Giants Join the Party

Other big names like SharpLink, Coinbase, and the Ethereum Foundation hold over 3.5M ETH ($15.7B). 

Recent data shows whales added 820,000 ETH ($3.8B) in just 72 hours, with one grabbing $50M at $3,714. This shrinks supply, boosting ETH price confidence.

Read Also: Ethereum's AI Lead Says AI is Demanded by the Community!

Technical Signals Screaming Bullish

ETH’s chart is on fire! A three-year cup-and-handle pattern signals a massive rally. Breaking the $4,800 neckline could spark new highs. Bullish pennant and wedge breakouts, plus a monthly MACD cross, echo 2021’s epic run.

Key Price Levels to Watch

Resistance at $4,875: ETH’s near its all-time high. A strong break could target $6,343 (1.382 Fib).

• Higher Targets: $7,340 (1.618 Fib), then $8,864 and $9,950. Long-term, $12,854 aligns with $13,000.

• Support Zone: $4,180 holds firm, but pullbacks may hit at each resistance.

Expert ETH Price Predictions

Analysts are hyped! CryptooELITES predicts $10,000 by late 2025, mirroring 2021’s vibe. MerlijnTrader sees five digits soon, driven by ETF inflows and liquidity. 

Holding $4,200 support could push ETH price to $5,000, fueled by Layer-2 growth and staking

Long-Term Price Goals

Finder forecasts $6,100 by 2025, hitting $12,000 by 2030. CoinPedia eyes $6,925 this year, up to $15,575 by 2030. 

Some analysts even see $15,000 with DeFi’s rise. With 180%+ upside potential, ETH’s bullish case is strong

Read Also: Ethereum Stablecoin Supply Reaches ATH! New Bullish Movement?

Why Ethereum’s Fundamentals Shine

Ethereum’s fundamentals are rock-solid. The Fusaka upgrade slashed fees and boosted scalability.

Staking locks 30% of supply, while tokenization and stablecoins drive trillion-dollar demand. BlackRock’s shift to ETH and $10B in ETF inflows since July scream adoption.

Reduced Supply, Rising Demand

• Whale Holdings: Whales hold 20.6M ETH, tightening supply.

• Burn Mechanism: EIP-1559 burns fees, reducing circulating ETH.

• Institutional Trust: Firms like BitMine and Coinbase bet big, signaling long-term faith.

Risks to Watch for ETH Investors

No bull run is smooth. ETH faces resistance at $4,875, and profit-taking could trigger dips to $4,180 or lower. Macro factors like interest rates or regulatory news might shake things up. Stay cautious and watch volume for breakout confirmation.

Read Also: Eric Trump Predicts Ethereum $8K and Bitcoin $1M as Crypto Heats Up

Conclusion

Is Ethereum still bullish? You bet! Whale buys like BitMine’s $83M haul, a killer cup-and-handle setup, and expert calls for $13,000 make a strong case. 

Sure, dips might hit, keep an eye on $4,200 support. With ETF inflows, staking, and upgrades, ETH price could soar in 2025. Time to HODL or buy the dip? The signs point up!

FAQ

What key resistance could trigger Ethereum’s next breakout?

$4,875 is the neckline. A clean break could open the path to $6,343 and beyond.

How high can Ethereum realistically go in this cycle?

Analysts eye $7,340, $9,950, and even $13,000 if bullish momentum holds.

What technical pattern supports ETH’s bullish case?

A massive 3-year cup-and-handle plus a bullish MACD cross, classic breakout signals.

How are whales impacting ETH supply?

Whales hold 20.6M ETH, snapping billions in 72 hours, tightening supply and fueling price.

What’s the critical support to watch if ETH dips?

$4,200 is the key level. Losing it could drag ETH back toward $4,180 or lower.

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