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Although the feeling towards ethereum (eth) remains largely pessimistic, the cryptographic analyst Mister crypto predicts that the second largest cryptocurrency due to market capitalization could be on the edge of a parabolic rally, reflecting its historical pricing action since 2020.
ethereum about to witness a change of fortune?
After the long -awaited announcement of reciprocal rates of the US president, Donald Trump, the cryptography market took a strong step, eliminating more than $ 140 billion in the last 24 hours. During this period, eth fell by 5% and is at risk of establishing fresh cycle lows in the range of $ 1,700.
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Despite the negative feeling, the cryptographic analyst Mister crypto suggests that eth can soon experience a strong impulse change. In a publication x shared today, the analyst said that, although retail investors may have abandoned eth, the big investors, commonly known as whales, have not done so.
Mister crypto shared the following table, highlighting the surprising similarities between the current price action of eth and its 2020 trajectory.
Cryptogo's analyst echoed the perspective of Mister crypto, arguing that eth is “extremely undervalued” at its current price levels. The analyst also shared a table that illustrates how eth whales are accumulating the asset at a registration rate.
The data reveal that the wallets that have between 10,000 and 100,000 eth have accumulated at an accelerated rate since early 2025. This trend persists despite the decrease of eth from approximately $ 3,350 on January 1 to around $ 1,700 at the time of writing per writing.
Another cryptocurrency analyst, crypto Caesar, said that eth is probably approaching a belowsince it is currently quoted near the same price level that I had four years ago. However, he warned that if eth breaks below its current support, it could decrease even more to the range of $ 1,200.
eth can have more pain ahead
While the accumulation of whales suggests a long -term optimism for eth, some analysts warn that a greater disadvantage can be imminent before a potential recovery. In a recent analysis, the expert in the cryptoded market7 predicted that eth can ocular bearish objectives around $ 1,130 to $ 1,200.
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Similarly, Cryptobullet analyst outstanding That eth has now touched the 300 -week mobile average for only the second time in its history, an event that has historically indicated a bassist trend.
Despite these warning perspectives, the commentator of the crypto Titan Market recently fixed That eth is still on its way to reaching new maximums of all time at the end of this year. At the time of publication, eth is quoted at $ 1,777, 5% less in the last 24 hours.
Unspash's prominent image, x and TrainingView.com graphics
(Tagstotranslate) Altcoin
