Quick Breakdown
- Fundstrat predicts Ether could fall to $4,200 before rallying toward $5,500.
- Analysts view dips as strategic accumulation opportunities amid macro shifts.
- Institutions like Grayscale and BitMine continue large-scale ETH accumulation.
Fundstrat eyes short-term weakness before upside reversal
Financial research firm Fundstrat Global Advisors expects Ether (ETH) to see a short-lived decline before resuming its bullish trend. According to managing director Mark Newton, Ether could “bottom out over the next one to two days,” potentially dipping to $4,200, which he described as an “optimal support area.”
Newton’s insights shared by BitMine chairman and Fundstrat adviser Tom Lee on Thursday highlighted a “minor three-wave pullback” that he believes will end over the weekend, setting the stage for a rebound that could drive ETH toward $5,500 in the coming weeks.
Analysts view dips as accumulation opportunities
Ether has recently faced resistance after reaching a weekly high of $4,750 on Tuesday, sliding back below $4,300 on Thursday before recovering near $4,400 early Friday, according to Tradingview data. Despite this volatility, analysts remain optimistic.
Crypto strategist Benjamin Cowen anticipates the ongoing “choppy price action” will persist until Ethereum’s “bull market support band catches up.”
Meanwhile, a recent groundbreaking study into Ethereum’s market perception has revealed that psychology and narrative play an equally decisive role as technical progress. The study, Project Mirror, was commissioned by Optimism and Espresso and published by the Ethereum Foundation (EF).
Institutional accumulation signals confidence
Institutional demand for Ether remains robust. Grayscale has reportedly been stacking and staking ETH for its new staking fund, depositing hundreds of millions of dollars worth of ETH onto the Beacon Chain, according to Arkham Intelligence.
SharpLink Gaming, the world’s second-largest Ethereum treasury holder, currently holds 838,730 ETH valued at roughly $3.67 billion. Co-CEO Joseph Chalom described Ethereum as “the most important structural opportunity of this decade” and “the trust layer for the next financial system.”
Meanwhile, BitMine, led by Tom Lee, continues to expand its ETH reserves, adding 23,823 ETH (worth approximately $103 million) to its treasury late Thursday, according to Arkham—further signaling institutional conviction in Ethereum’s long-term potential.
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