Ethereum (ETH) Rebound Signals Appear, Analysts Aim for Price to Break $4,000

Jakarta, Pintu News – The cryptocurrency market is always full of unexpected dynamics. Recently, a well-known crypto analyst, Cas Abbe, shared a surprising prediction about the potential for a significant rise in the price of Ethereum . According to his analysis, Ethereum (ETH) has a great potential to reach the price of $4,000 in the near future, a surge that will bring huge profits to investors.

Technical Analysis Promises Price Increase

Cas Abbe, in a post on X, revealed that Ethereum (ETH) is showing strong signals in the daily chart that support a price increase. Ethereum (ETH) continues to hold above the uptrend line connecting the lows in June, November, and December this year.

This trendline has been stable since May, signaling that the uptrend could continue in the near future. In addition, Ethereum (ETH) has formed a bullish divergence pattern, which is a strong indicator that the price may be going up. Bullish divergence occurs when an asset is in a downtrend, but oscillators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) show an increase.

However, there is a risk if Ethereum (ETH) falls below that uptrend line. Such a drop would confirm the bearish view and invalidate the bullish price prediction, which could lead to a further drop all the way to the next psychological point at $2,500.

Read also: Amir Zaidi Returns to CFTC, Ready to Oversee Crypto Regulation?

BitMine and Accumulation by Long-Term Holders

BitMine, one of the big players in the industry, continues to accumulate and stake Ethereum (ETH), which shows confidence in the price recovery. Tom Lee, in an interview, predicted that Ethereum (ETH) will recover and reach a price above $7,000 by 2026.

Lee argues that Ethereum (ETH) is an important chain and will continue to gain market share in the tokenization of real-world assets, which is expected to reach trillions of dollars in the next decade. In the past 30 days, BitMine has collected over 384,000 coins, bringing its total holdings to over 4.1 million coins, valued at $12.2 billion.

This makes BitMine the largest Ethereum (ETH) holder in the industry, with SharpLink following with 859,853 coins. Additionally, the data shows that long-term Ethereum (ETH) holders continue to accumulate, with addresses holding more than 1,000 coins now controlling 70% of the supply.

Read also: Tether Increases Bitcoin (BTC) Collection by 9,850 BTC Despite Market Volatility

Positive Impact of Ethereum (ETH) ETFs

Ethereum (ETH) also benefited from a decrease in ETF outflows. The latest data shows that the Ethereum (ETH) ETF has seen inflows of $58 million this week, a significant improvement compared to last week’s release of $102 million. The previous month, the ETF lost $643 million. This increase suggests a change in investor sentiment that could support further Ethereum (ETH) price increases.

Conclusion

With various supporting factors, ranging from strong technical analysis, accumulation by big players, to improvements in ETF flows, the outlook for Ethereum (ETH) looks bright. Investors and market watchers will keep a close eye on this development, which could be an important turning point for Ethereum (ETH) in reaching higher values.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Expert Predicts Ethereum Price Rebound to $4k as Bitmine Long-Term Holders Buy. Accessed on January 2, 2026
• Featured Image: Generated by AI