Ethereum Poised for Rally: Key Predictions and Institutional Confidence

Experts predict a potential bottom in Ethereum’s price, around $4,300 within the next 12 hours. This prediction is based on significant institutional buying, along with positive technical indicators. The anticipated rally targets the $5,100 resistance level. Key figures like Mark Newton and Tom Lee from Fundstrat anticipate a bottom near $4,300 before reaching new resistance levels. Notably, recent market resilience, including a bounce back above $4,430 after hitting lows, further supports this expectation.