Ethereum’s Deepest Dip Approaches: Why the Next 12 Hours Could Ignite a $5,100 Surge You Can’t Afford to Miss

Ethereum’s Deepest Dip Approaches: Why the Next 12 Hours Could Ignite a $5,100 Surge You Can’t Afford to Miss

Is Ethereum gearing up to hit its floor before bouncing back stronger than ever? According to Fundstrat’s Mark Newton, the bottom for Ethereum could be just 12 hours away, hovering near $4,300—a sweet spot that presents a compelling risk-reward scenario for savvy investors. The big question isn’t just if it will bottom, but how high it might soar afterward. Newton’s analysis suggests an upward thrust toward $5,100, with room to stretch even further to $5,400-$5,450 if the momentum holds. In the chaotic world of crypto, where price swings seem to dance to their own beat, this prediction offers a glimmer of clarity—and maybe some hope for those waiting on the sidelines to jump back in. Could this be the moment Ethereum flips the script? Time will tell, but the setup sure looks promising for a bullish resurgence.

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Tom Lee’s colleague says Ethereum bottom likely in next 12 hours before rallying toward $5,100

Newton projects that Ethereum could push toward $5,100, with potential further upside to $5,400-$5,450 if momentum continues.

Tom Lee's colleague says Ethereum bottom likely in next 12 hours before rallying toward $5,100

Key Takeaways

  • Fundstrat’s Mark Newton expects Ethereum to bottom near $4,300 within the next 12 hours, presenting a strong risk-reward setup.
  • Ethereum’s bullish outlook remains intact if it stays above key support at $4,067, with upside potential toward $5,400.

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Ethereum looks set to bottom near $4,300 within the next 12 hours before resuming its uptrend, said Mark Newton, Managing Director and Head of Technical Strategy at Fundstrat Global Advisors, in a recent note shared by Thomas “Tom” Lee.

Resistance is expected near $5,100, according to Newton, with potential for Ethereum to reach $5,400–$5,450 on a breakout. Maintaining support above $4,067 would keep the bullish thesis intact and invalidate short-term bearish perspectives.

“ETH is a very good risk/reward here. I am highly skeptical it breaks this trend nor breaks 4,067 from 8/18. THAT’S what’s required to think a bullish stance near-term is wrong,” he noted.

Ethereum was trading near $4,400 at press time, down more than 7% in the past 24 hours amid a market-wide correction that pushed Bitcoin below $110,000. The largest digital asset last changed hands at around $109,782, per CoinGecko data.

BitMine Immersion, Lee’s Ethereum treasury company, holds more than 1.7 million ETH valued at roughly $7.5 billion. The firm added 190,500 ETH last week, cementing its position as the largest corporate holder of the coin.

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