Ethereum (ETH) has recently caught the attention of crypto heavyweight Arthur Hayes, former BitMEX CEO, who predicts the token could soar to $5,000 by the end of 2025.
Ethereum (ETH) has recently caught the attention of crypto heavyweight Arthur Hayes, former BitMEX CEO, who predicts the token could soar to $5,000 by the end of 2025.
Despite underperforming compared to peers like Bitcoin and Solana, Hayes believes Ethereum is poised for a powerful comeback. “It’s the most hated layer-1,” Hayes told Decrypt at Bitcoin 2025 in Las Vegas, “and usually you want to be in the most hated asset at a cycle turn.”
Currently trading around $2,615, Ethereum has surged over 45% in the past month, fueled by growing network adoption and revived interest in stablecoin ecosystems.
Ethereum still hosts over 51% of all stablecoin supply, and according to investment firm Bernstein, this dominance could be key to driving fresh capital into the asset.
Ethereum Technical Analysis: ETH Breakout Looms
On the daily chart, ETH is forming a bullish pennant pattern – a continuation formation typically suggesting upward momentum following a sharp rally.
The pattern’s converging trendlines are nearing resolution, and a decisive breakout above the pennant could confirm the next leg up.
A breakout above the pennant’s resistance trendline could catapult ETH toward $3,200-$3,500 in the short term, with $4,000 being the next major target in line with Hayes’ and Standard Chartered’s projections.
ETH Bullish Pennant. Source: TradingView
On the other hand, the RSI (Relative Strength Index) sits at 63.62, which is approaching the overbought threshold (70) but still suggests that there’s room for further upside.
MACD (Moving Average Convergence Divergence) shows early signs of bullish momentum building again. While still below the signal line, the histogram has flattened, indicating a potential crossover is on the horizon.
It is important to note that if Ethereum fails to break out of the pennant and instead dips below $2,500, it could revisit lower support levels near $2,250 or even $2,000, especially if market sentiment turns risk-off.
While ETH Targets $5K, Investors Bet on $BTCBULL
As Ethereum (ETH) dominates the latter half of the market rally, BTC Bull ($BTCBULL) – a meme coin with real utility – has turned heads with a simply core premise: the higher Bitcoin climbs, the more rewards $BTCBULL holders receive.
At every $25,000 increment in BTC’s price, the BTC Bull team will either burn a portion of the token supply or airdrop real BTC to loyal holders.
These mechanisms are designed to create a deflationary token model while simultaneously rewarding the community with the very asset they believe in – Bitcoin.
Source: BTC Bull Token
A major milestone awaits when BTC hits $250,000, with a massive airdrop of $BTCBULL tokens distributed based on holdings and Community Sale purchases.
Built on Ethereum, $BTCBULL offers high APY staking via a secure smart contract during the presale phase. Currently, the staking rewards stand at 62% per annum.
To participate in the presale, visit the official BTC Bull website and simply connect a supported wallet like Best Wallet.
You can complete the purchase by swapping crypto or using a bank card.
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