Tom Lee Predicts 54X ETH Price Rally As Firm Bets $40M On Wallstreet Push
The post Tom Lee Predicts 54X ETH Price Rally As Firm Bets $40M On Wallstreet Push appeared on BitcoinEthereumNews.com. Key Insights: Tom Lee’s Fundstrat predicts a 54X ETH price rally, sparking market optimism. Etherealize, an advocacy firm, raises $40 million to drive institutional adoption of Ethereum, backed by major venture investors. A new $100M ETH whale emerged as large holders increased positions by 14% in five months. Ethereum’s price has been moving sideways in recent weeks, but as per Tom Lee’s Fundstrat, this could be the setup for a major ETH price rally. The company released an analysis highlighting the Wyckoff principle, which shows that long consolidation periods often lead to powerful breakouts once resistance is cleared. Recently, Ethereum may be repeating a pattern seen in past cycles, where an extended base led to massive gains. If this setup materializes, Fundstrat predicts Ethereum will rally by 54 times. Ethereum Long Consolidation Could Trigger a 54X ETH Price Rally Ethereum price has cooled off in the last 10 days, but the broader structure still looks bullish. Tom Lee’s Fundstrat shared a chart that highlights the Wyckoff principle: “The bigger the base, the bigger the breakout.” This means that long periods of consolidation often lead to stronger price rallies once resistance is cleared. Looking back, Ethereum established a base around $90 in 2018–2020 before experiencing a 54-fold increase to $4,866 in late 2021. ETH Price Prediction | Source: SamAltcoineth, X Now, ETH price has been consolidating again in a wide range with a low near $1,385. If history repeats, another 54x move from this base could project Ethereum toward $75,000 in the next cycle. The chart suggests that potential energy is building as ETH holds within its multi-year range. Each retest of support has been met with higher demand, and the current breakout attempt is forming. A clean move above resistance could confirm the next leg higher. While short-term cooling is…
The post Tom Lee Predicts 54X ETH Price Rally As Firm Bets $40M On Wallstreet Push appeared on BitcoinEthereumNews.com.
Key Insights: Tom Lee’s Fundstrat predicts a 54X ETH price rally, sparking market optimism. Etherealize, an advocacy firm, raises $40 million to drive institutional adoption of Ethereum, backed by major venture investors. A new $100M ETH whale emerged as large holders increased positions by 14% in five months. Ethereum’s price has been moving sideways in recent weeks, but as per Tom Lee’s Fundstrat, this could be the setup for a major ETH price rally. The company released an analysis highlighting the Wyckoff principle, which shows that long consolidation periods often lead to powerful breakouts once resistance is cleared. Recently, Ethereum may be repeating a pattern seen in past cycles, where an extended base led to massive gains. If this setup materializes, Fundstrat predicts Ethereum will rally by 54 times. Ethereum Long Consolidation Could Trigger a 54X ETH Price Rally Ethereum price has cooled off in the last 10 days, but the broader structure still looks bullish. Tom Lee’s Fundstrat shared a chart that highlights the Wyckoff principle: “The bigger the base, the bigger the breakout.” This means that long periods of consolidation often lead to stronger price rallies once resistance is cleared. Looking back, Ethereum established a base around $90 in 2018–2020 before experiencing a 54-fold increase to $4,866 in late 2021. ETH Price Prediction | Source: SamAltcoineth, X Now, ETH price has been consolidating again in a wide range with a low near $1,385. If history repeats, another 54x move from this base could project Ethereum toward $75,000 in the next cycle. The chart suggests that potential energy is building as ETH holds within its multi-year range. Each retest of support has been met with higher demand, and the current breakout attempt is forming. A clean move above resistance could confirm the next leg higher. While short-term cooling is…
What's Your Reaction?
