This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Ethereum experienced significant volatility, dipping below $4,350 before recovering. Analysts are divided on its near-term trajectory, with Fundstrat’s Tom Lee predicting a climb to $5,000 while others warn of potential further declines. The debate centers around technical indicators, institutional interest, and macroeconomic factors.
- Fundstrat analysts predict Ethereum could reach $5,000-$5,450 after finding support around $4,300
- Skeptical analysts cite overbought conditions, seasonal September weakness, and potential Fed policy impacts as near-term risks
- Medium-term bullish factors include Ethereum ETF demand, institutional accumulation, and favorable regulatory environment
📎 Related coverage from: decrypt.co