Ethereum’s $4K Dream: Will It Be a Mirage or a Miracle?

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Ethereum’s price might hit $4,000, thanks to those savvy long-term holders like BitMine, who are buying up ETH with the enthusiasm of a kid in a candy store. 🐐

Ethereum’s price is expected to rise to $4,000, according to expert predictions. This forecast is backed by the coin’s solid technicals and ongoing accumulation by major holders like BitMine. 📈

Despite market volatility, the continued support from long-term investors has created optimism around Ethereum’s future price movement. It’s like trying to predict the weather in a hurricane-everyone’s guessing, but nobody’s sure. ☔

Ethereum Bullish Technical Indicators

Ethereum has remained above an important ascending trendline that has held steady since May. This trendline connects the lowest levels of Ethereum’s price in June, November, and December. It’s as reliable as a squirrel’s memory-trustworthy, yet prone to sudden bursts of chaos. 🐿️

Many analysts see this as a sign that Ethereum is poised to continue its upward movement in the near term. Or maybe they’re just chasing the latest hype, like a dog after a stick. 🐶

Additionally, Ethereum’s chart shows a bullish divergence pattern, which is commonly associated with price reversals. Because nothing says “success” like a little bit of confusion. 🤔

The MACD (Moving Average Convergence Divergence) indicator is nearing the zero line, while the RSI (Relative Strength Index) is rising above the neutral point. It’s like a toddler learning to walk-wobbly, but determined. 🧒

These indicators suggest that Ethereum is gaining strength, which could push its price higher toward the $4,000 target. Or maybe it’s just another false dawn. 🌅

structure remains incredibly bullish. 🚀

Despite the volatility, the “Up Trend Line” hasn’t blinked since May. Like a stubborn mule, it won’t back down. 🐴

Watching that dotted projection toward $4,000 closely. Because nothing says “excitement” like a line on a chart. 📈

Monthly candle close will be key! Because every candle has its day… or its collapse. 🔥

– Cas Abbé (@cas_abbe)

However, there are risks to this outlook. If Ethereum falls below the ascending trendline, it could confirm a bearish scenario, leading to further declines. Because nothing says “confidence” like a sudden plunge. 📉

A drop below the trendline may push Ethereum’s price closer to $2,500, signaling a shift in sentiment. Or it might just be a temporary detour. 🚗

BitMine and Long-Term Holders Driving Accumulation

One key factor supporting Ethereum price forecast is the continued accumulation by BitMine and other long-term holders. It’s like a party where only the VIPs get the invites. 🎉

BitMine has increased its holdings by over 384,000 ETH in the last 30 days, bringing its total holdings to 4.1 million ETH, worth $12.2 billion. That’s more money than a pirate’s treasure chest. 🏴‍☠️

This makes BitMine the largest Ethereum holder in the industry, a sign of confidence in Ethereum’s future. Or maybe they’re just gambling on a long shot. 🎰

Tom Lee, a well-known analyst, has predicted that Ethereum could reach over $7,000 by 2026, especially as it becomes a key player in the real-world asset tokenization space. Because nothing says “visionary” like predicting a price surge. 🌟

As Ethereum continues to gain market share in this sector, the potential for significant price appreciation remains high. Or it might just be a fleeting fancy. 🌫️

Tom Lee says that thanks to the tokenization of everything, can easily reach $7K-$9K in early 2026, and over the long run, as it becomes competitive in payments, even $20K.

As for , he expects it to break above $200K in 2026.

Nothing new – Tom Lee has always been… 🤯

– Daniel (@danielisdizzy)

Long-term holders have also been accumulating Ethereum, with addresses holding over 1,000 ETH now controlling 70% of the total supply. It’s like a secret society of wealthy investors. 🤝

These investors have added 120,000 ETH since December 26, further indicating that smart money is betting on Ethereum’s long-term success. Or they’re just chasing the next big thing. 🎯

Related Reading: Arthur Hayes Purchases $4M in DeFi Tokens After Ethereum Sell-Off. Because even the smartest investors can’t resist a good panic. 🚨

ETF Inflows Signal Positive Sentiment for Ethereum

Ethereum’s price could also benefit from the recent improvement in ETF inflows. This week, Ethereum ETFs saw $58 million in inflows, a positive shift from the previous week’s $102 million in outflows. It’s like a rollercoaster with a safety harness… or is it? 🎢

This marks a significant improvement from the $643 million in outflows during a previous period, indicating renewed interest from institutional investors. Because nothing says “trust” like a sudden surge of capital. 💰

The rebound in ETF inflows suggests that investor sentiment is improving, particularly as long-term holders continue to accumulate. Or maybe they’re just trying to keep up with the Joneses. 🏡

The fading outflows from Ethereum ETFs could further support the bullish outlook for Ethereum’s price. As more institutional capital flows into Ethereum, its price is likely to receive additional upward momentum. Because money talks, and Ethereum is whispering. 💬

With strong technical indicators, growing accumulation by major holders, and positive ETF inflows, Ethereum is well-positioned to reach the $4,000 target in the near future. Or it might just be another tale of “almost, but not quite.” 🤷‍♂️

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2026-01-01 11:17