According to a crypto analyst, the Ethereum price is on the verge of a breakout, and investors who don’t buy it now could be left with regrets later. With technical indicators pointing towards a significant price surge, the analyst forecasts that Ethereum (ETH) could climb as high as $12,000 this bull cycle.

Ethereum Price Headed To $12,000?

Prominent crypto analyst Captain Faibik has issued a stark warning to investors, urging them to buy Ethereum at a particular price low or risk entering the market late and regretting it. With Ethereum’s current price action signaling a potential bullish breakout, Faibik predicts that the cryptocurrency can hit a new all-time high of $12,000 in 2025.

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Looking at the analyst’s Ethereum price chart, the timeline for this ambitious projection is set around Q4 2025, more than eight months from now. Faibik indicated that Ethereum has been within a consolidation symmetrical Triangle for a while and finally looks ready to bottom. 

This week, Ethereum appears to have broken through the descending resistance line of the symmetrical triangle, indicating the start of a potential price rebound. Faibik believes Ethereum has likely hit its market bottom at $2,648 and could go up from here. 

Historically, cryptocurrencies that reach a bottom tend to experience a major rally as prices stabilize and momentum builds after consolidation. In the case of Ethereum, Faibik has highlighted the purported $2,648 price bottom as a key buy-the-dip opportunity. 

Furthermore, the analyst suggested that entering the market at this level was crucial, as investors risk missing out on potential gains. Faibik predicts that once Ethereum initiates a bounce back, its price could skyrocket as high as $12,000. This massive rally would represent a 353.7% surge, marking Ethereum’s highest price increase since its previous bull run. 

Sharing similar bullish sentiments, Kazi, another crypto analyst on X, forecasts that Ethereum will reach $12,203. The analyst also highlighted a breakout from a symmetrical triangle as the trigger for this bullish surge to new ATHs. 

ETH Gas Fees Crash, Sparks Rally Speculations

In other news, Ethereum’s gas fees have experienced a significant crash, sparking rumours of a potential price rally. Crypto analyst Merlijn the Trader announced this report to his over 312,000 followers on X. The analyst revealed that the Ethereum founder, Vitalik Buterin, had previously promised to fix the initial high gas fees, making them more affordable for the network users.

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Now, average Ethereum gas fees are down to 0.794 gwei ($0.04), marking a major decrease from their previous high of 0.873 gwei ($0.05). Due to this unexpected but highly welcomed development, Merlijn the Trader, questions whether the crash in Ethereum’s gas fees is signaling the start of ETH’s next rally.

Featured image from Adobe Stock, chart from Tradingview.com

• Crypto investment products registered $1.3 billion in inflows last week
• Ethereum outpaced Bitcoin with $793 million compared to $407 million

Digital asset investment products notched $1.3 billion in inflows in the past week.

It’s the fifth consecutive week of positive net flows for crypto exchange-traded products despite recent price declines. According to latest weekly flows report from digital asset manager CoinShares, the scenario outlines strong interest in buying amid market weakness.

Ethereum outpaces Bitcoin in weekly net inflows

Per a Coinshares report on February 10, the net inflows is almost double from the $747.4 million recorded the week before. The increase comes despite US President Donald Trump’s tariff impositions that saw prices dip amid investor reaction.

Bitcoin and Ethereum dominated the inflows. However, the latter outpaced the former this week, registering $793 million inflows compared to Bitcoin’s $407 million.

Overall, Bitcoin ETPs represent 7.1% of total market capitalization, making digital asset investment products the largest holder compared to other investments.

“Digital asset investment products saw inflows for the 5th consecutive week totalling US$1.3bn. Bitcoin’s BTC saw inflows of US$407m, with ETPs globally now representing 7.1% of the current market capitalisation. It was Ethereum who stole the show this week, with the price falling recently close to US$2,100 leading to significant buying-on-weakness, with inflows of US$793m,” CoinShares posted on X.

Investors see decline as a buying opportunity particularly after the rise in investment interest followed Ethereum’s price dip.

In the meantime, XRP and Solana secured third and fourth positions respectively with $21 million and $11million. Meanwhile, $1 billion in overall net inflows by the US was the highest regionally, followed by Germany, Switzerland, and Canada with $61 million, $54 million, and $37 million, respectively.

Bitcoin’s price has struggled with downside pressure below $100k in recent weeks. ETH has also experienced a tough month or so, with prices helmed below $3,000 and hitting lows of $2,100 at one time.

Ethereum‘s bullish expectations in the ongoing cycle continue to be delayed due to heightened volatility across the general crypto market. Despite its struggles to initiate a major price rally, many crypto experts remain optimistic about an upsurge, pointing to key support levels that could spark a rebound for ETH.

A Push Back For Ethereum To $4,000 Closer?

Technical expert and trader Ali Martinez has highlighted an encouraging development for Ethereum, which could see the altcoin transitioning toward a positive territory shortly. Ali Martinez has predicted that ETH is eyeing possible upward movement to key resistance levels, but there’s a catch.

In his analysis, Ali Martinez stated that ETH might recover between the $3,000 and $4,000 level as it hovers near the crucial $2,600 support area. For the altcoin to surge to the price range, the expert noted that it needs to maintain its footing above this critical support zone.

ETH’s sustenance of the level is likely to build a bullish momentum, setting the stage for a strong recovery. The chart shows a Parallel Channel formation, a pattern that has historically preceded an upward trend.

His bullish forecast comes as ETH navigates heightened volatility, hindering its price from experiencing a notable price rally. Despite the worrying price movements, Martinez contends that now could be the right time to purchase the altcoin.

This is due to a positive signal cited in the TD Sequential indicator. Looking at Ethereum’s chart, the analyst outlined that ETH appears to be gearing up for a rebound as the indicator flashes a potential buy signal in the weekly and daily time frame.

The TD Sequential coupled with growing buying pressure, ETH could witness a trend reversal. Nonetheless, validating the authenticity of the signal will depend heavily on the state of the market and broader sentiment.

Once Ethereum recovers its upward trend, a 100% growth might be imminent. Ted Pillows, a market analyst and investor predicted after comparing the current price trend with the one seen in 2024.

In 2024, ETH witnessed a drop to crucial support levels such as the $2,100 mark. Following the decline, the altcoin pumped about 100% in the next 6 weeks. With recent price action trending similarly to 2024, the analyst expects the same 100% rally in the following weeks.

ETH Holding An Ascending Support

As ETH prepares for a rebound, Carl Moon noted that the asset is holding on to ascending support and has every potential to reenter into the pattern. After that, the analyst has placed the $4,000 target in the medium term.

Ethereum continues to hold above the $2,600 level with bullish momentum. Investors are betting significantly on its future price performances. Presently, its trading volume has surged by more than 87% in the last day.

Featured image from Unsplash, chart from Tradingview.com