- Analysts predict Ethereum (ETH) will experience a “massive rally” once Bitcoin (BTC) stabilizes
- On-chain metrics like exchange netflow, In The Money metric, and large transaction volume suggest lowered selling pressure and growing investor interest for ETH
- Popular analysts like CoinMamba, Skew, Ash Crypto, and Crypto Beast envision significant price increases for ETH, with targets ranging from $8,000 to $15,000
Ethereum (ETH) has lagged behind other major cryptocurrencies like Bitcoin (BTC) and XRP recently. However, analysts believe ETH is gearing up for a substantial price surge once Bitcoin stabilizes.
Experts Foresee Major ETH Price Increase
Popular crypto analyst CoinMamba predicts that once Bitcoin settles down from its latest rally, Ethereum will “catch up very fast.” The trader known as X believes ETH will quickly gain ground after BTC stabilizes.
Skew reminds us that ETH behaved similarly in the last bull run before making impressive gains. Other experts like Ash Crypto and Crypto Beast also foresee ETH hitting $10,000-$15,000 and $8,000 respectively in the coming months.
On-Chain Metrics Suggest Growing Investor Interest
Some key on-chain indicators point to an impending ETH price increase. ETH exchange outflows have exceeded inflows over the past month, hinting at a shift toward self-custody and reduced selling pressure.
The In The Money metric shows nearly 2% more ETH investors are currently sitting on paper profits over 24 hours. This signals growing bullish sentiment.
Large ETH transactions above $100k have jumped 5% in the same timeframe. Whale activity often draws in smaller investors and injects fresh capital into the ecosystem.
Conclusion
Given expert predictions and positive on-chain metrics, Ethereum appears primed for a major price surge once Bitcoin’s rally stabilizes. Key indicators show bullish sentiment is growing quickly among both whale and retail investors. The stage is set for ETH to embark on a massive upside movement in the near future.
