Ethereum is experiencing another whirlwind price drop and pitfall. The Ethereum price is now at $4120. This is an increase of 2% within the last 24 hour. But, it is not out of danger. A new wave is waiting to gnaw on the Ethereum ATH. Will ETH able to withstand the sharp fluctuations of price to reach a consistent new high? Find out.
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Massive Liquidations Waiting To Hit ETH
According to the latest update of the Whale Insider, almost $11.6B is currently on the line to be liquidated once the Ethereum price reaches its new target. The price of ETH will drop once more, and it becomes difficult to continue the momentum.
“JUST IN: Over $11.6 billion in $ETH short positions will be liquidated when the price reaches a new all-time high.”
Ethereum proponents see the move as a way to further adapt to and utilize Ethereum.
“If $ETH moves right, shorts won’t just get wrecked; they’ll fund the rally.”
Leading cryptocurrency experts have continued to project bullish prices for Ethereum. Titans of Crypto reports that Ethereum’s chart shows a W-shaped bullish structure. indicative of its new price path and trajectory.
“#Ethereum Highest Quarter in History? 🚀 If #ETH closes above $3,700, this would mark the highest quarterly close ever. 📊 Only 2 days left until the Q3 candle closes.If confirmed, the W structure breakout points to a target around $6,400.”
Assets’ Technical Analysis
According to CoinCodex ETH dataEthereum’s price, according to experts, is expected to reach a high of $6894 by the end of December 2025.
“According to our current Ethereum price prediction, the price of Ethereum may rise by 67.48% and reach $6,894.58 by December 28, 2025. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 37 (fear). Ethereum recorded 14/30 (47%) green days with 4.31% price volatility over the last 30 days. Based on the Ethereum forecast, it’s now a good time to buy Ethereum.”
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Source: watcher.guru
