tldr; Fundstrat predicts Ether (ETH) could fall to $4,200 within days before rallying to $5,500. Mark Newton, Fundstrat’s managing director, noted a ‘minor three-wave pullback’ expected to end soon, with $4,200 as a key support level. Ether recently hit $4,750 but has since dropped below $4,300. Analysts suggest near-term dips are strategic accumulation opportunities ahead of a projected rally. Ethereum is increasingly seen as foundational to global finance, with major entities like Grayscale and Bitmine accumulating ETH for staking and treasury purposes.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
doctorwho_cares on
5.5k is a modest bet. We going to the moon.
!tip 5
3 Comments
Its a BTC chart but somehow applies to ETH too
https://preview.redd.it/bs9m5k0508uf1.png?width=1280&format=png&auto=webp&s=42f6588ab547d8541f500af2645f762800b126b1
Pumptober just started
🍩 !tip 1
tldr; Fundstrat predicts Ether (ETH) could fall to $4,200 within days before rallying to $5,500. Mark Newton, Fundstrat’s managing director, noted a ‘minor three-wave pullback’ expected to end soon, with $4,200 as a key support level. Ether recently hit $4,750 but has since dropped below $4,300. Analysts suggest near-term dips are strategic accumulation opportunities ahead of a projected rally. Ethereum is increasingly seen as foundational to global finance, with major entities like Grayscale and Bitmine accumulating ETH for staking and treasury purposes.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
5.5k is a modest bet. We going to the moon.
!tip 5