Ethereum Price Bottom Prediction: Could We See a Surge Soon?

Tom Lee’s analyst predicts that Ethereum price will bottom within hours, potentially reaching $4,300. This prediction aligns with BitMine’s recent large-scale ETH purchase of $21.3 million and the ongoing accumulation by Strategic Ethereum Reserve entities, who control a substantial amount of Ethereum (4.3M ETH). Fundstrat’s Mark Newton predicts a bottom near $4,300 within 12 hours before a surge towards new highs above $5,100. His analysis hinges on a key support level at $4,300 and suggests that this consolidation will lead to further price increases.