Prominent analyst Tom Lee views Ethereum’s recent price decline as a strategic pause rather than a bearish reversal. Fundstrat’s technical analysis suggests the dip to $4,150 could set the stage for a run toward $5,100. Institutional accumulation and declining exchange reserves signal underlying strength despite short-term volatility.
- Fundstrat analysts project Ethereum's correction to $4,075-$4,150 as a buying opportunity before potential rally to $5,100
- ETH exchange reserves hit 3-year low at 18.5 million tokens while institutions like Bitmine accumulate massive positions
- Short-term trader sentiment has collapsed from 64% to 26% for $5,000 target by month-end despite strong fundamentals
📎 Related coverage from: cryptopotato.com
