Ethereum’s bullish momentum builds as top investors predict a breakout past $4,000, possibly outperforming Bitcoin in coming months.
Ethereum is gaining strength as it nears the $4,000 mark. After rebounding above key moving averages, market watchers expect a breakout.
Galaxy Digital CEO Mike Novogratz revealed they hold over 52,000 ETH worth $194M. While Bitcoin remains their top holding, he sees ETH entering a “price discovery phase” above $4K.
Novogratz also expects Bitcoin to reach $130K–$150K, but says ETH’s limited supply and growing user base make it more attractive.
Institutional demand is driving Ethereum’s rally. Bitwise CIO Matt Hougan says ETH is up 160% since April and could keep rising.
Ethereum-focused treasury companies are outperforming, helping attract new investors. Hougan predicts up to $20B in ETH demand by 2026—but only 800K ETH will be mined, creating a supply crunch.
Analyst David_kml sees $10K ETH as a reasonable long-term target.
Open interest has surged above $27B, showing strong market confidence, though caution is advised due to possible volatility.
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