Ethereum’s price is poised for a crucial moment as it approaches a critical technical point in its market cycle. Despite recent declines, large investors are actively buying ETH, even though some analysts warn of a potential steep drop from here. This contrasts with the cautious sentiment and fear-driven selling among retail traders. 2023 has seen Ethereum reach an all-time high, yet experts remain divided on where this bull run might head next. Fundstrat’s Tom Lee has sparked debate by releasing updated valuation estimates ranging between $12,000 and $62,500, depending on the future trajectory of ETH to BTC ratios, adoption rates, and long-term economic factors.