"Top XRP Trader Voices Opinion on Ethereum: Minimal Dwindle Recorded"
Ethereum, the second-largest cryptocurrency by market capitalisation, has pulled back from recent highs above $3,600, causing a stir in the market. However, this dip is more of a technical breather than the start of a meltdown, according to well-known trader DonAlt.
In the last 24 hours, nearly $197 million in Ethereum (ETH) liquidations were recorded, primarily from long positions, reflecting the market's uncertainty. Despite this, the trend structure of Ethereum has not broken, and the chart indicates a continuing uptrend for the digital asset.
The recent dip has caused panic on social media, but Ethereum is still trading around 80% higher than its low point in Q2. This suggests that the sell-off is not as big or fast as usual reversals, indicating a pause that bull markets tend to deliver.
Technical analysts such as Fundstrat's Mark Newton predict Ethereum to consolidate around $3,900-$4,100 with resistance between $4,200-$4,500, aiming for about $4,000 by the end of July. This reflects responses to recent dips, suggesting a near-term range-bound or moderate recovery phase.
The bullish structure for Ethereum is still in place, as no deeper levels have been tested and broken. This aligns with the broader expert consensus emphasizing important resistance and support zones observed currently.
Looking further into the future, several respected sources, including Tom Lee (Fundstrat) and Colin Talks Crypto, foresee significantly higher prices later in 2025 ranging from $10,000 to $20,000. Conservative models estimate $6,000-$8,000 by December 2025, rising further into 2026 and beyond.
The bullish medium-long term outlooks cite Ethereum's dominant position in tokenized real-world assets (60%+), stablecoin usage, and corporate treasury adoption as drivers for price appreciation.
DonAlt's specific current prediction for Ethereum's price trends based on its recent dip and market analysis does not appear explicitly in the search results. However, his view likely acknowledges the recent dip as part of a consolidation near technical support (around $3,900-$4,100) before a potential rally toward mid-to-high quadruple-digit targets in the medium term.
In a broader context, DonAlt predicted XRP to go from $0.70 to $3.50 during this cycle, demonstrating his ability to accurately forecast cryptocurrency trends. His view is based on past high-time frame wins, such as his XRP call.
In conclusion, while Ethereum has dipped, the overall sentiment remains bullish, with experts predicting consolidation around $4,000 and a strong rally toward $6,000–$15,000 or higher by the end of 2025 or early 2026, supported by institutional demand and ecosystem growth.
- Ethereum, the second-largest cryptocurrency, experienced a pullback from its recent highs above $3,600, causing market fluctuations, but it is seen as a technical breather rather than the beginning of a meltdown by trader DonAlt.
- In the past 24 hours, approximately $197 million worth of Ethereum (ETH) liquidations were recorded, mostly from long positions, indicating market instability.
- Despite the recent dip, the trend structure of Ethereum has not broken, and the chart suggests a continuing uptrend for the digital asset.
- Technical analyst Mark Newton predicts Ethereum to consolidate around $3,900-$4,100 with resistance between $4,200-$4,500, aiming for around $4,000 by the end of July.
- Tom Lee, Colin Talks Crypto, and other respected sources foresee Ethereum prices significantly higher in 2025, ranging from $10,000 to $20,000, with conservative models estimating $6,000-$8,000 by December 2025, and prices potentially rising even further into 2026.
