ETH could be $ 15,000 in the medium term at short notice, 4K target of $ 4,000: Tom Lee from Fundstrat

Ethereum attracts another institutional attention, since both whale accumulation and top-class notes strengthen the long-term bullish case for the network.

On Saturday, the crypto analyst Ali Martinez said in one position on X that Ethereum whales had received over 500,000 ETH in the past two weeks, which signaled, which interpreted some analysts as calm trust among big owners. In the past, such buying behavior has often been preceded by important price movements or ecosystem developments.

In a recently carried out interview with Coindesk, Tom Lee, Head of Research at Fundstrat, CIO of Fundstrat Capital and the chairman of Bitmine Immersion Technologies (BMNR), spoke about his evaluation prospects for ether. He referred to a model that was developed by Fundsstrats Head of Digital Asset Strategy, Sean Farrell, and attracts comparisons with private companies such as circle.

Using EBITDA-based multipliers, Farrell estimates that Ether could be worth up to $ 15,000. Lee supported this logic and found that Layer-1 platforms such as Ethereum-Wein justify entire ecosystems with electricity and commonly higher multipliers for higher ratings, similar to the more extensive pricing of software companies than consumer companies.

Lee also quoted the technical analysis of Mark Newton, head of the technical strategy of Fundsstrats, which potentially reached $ 4,000 before the end of July. Lee said that the level is only a first goal and adds that an area between 10,000 and 15,000 US dollars is realistic based on the current acceptance and evaluation trends. While he heard shortly before offering an exact timeline, he found that such a step could come by the end of the year-or possibly earlier.

At the beginning of this month, Lee described the Ethereum “Wall Street's preferred choice” for the Blockchain infrastructure in an interview with CNBC. He pointed out the tokenization initiatives of Stablecoin and Robinhood from Stablecoin and Robinhood – both based on Ethereum – as proof that traditional finances are increasingly agreed with the network. Lee added that Ethereum is currently hosting more than 60% of all tokenized real assets (RWAS), a number he expects will continue to grow. If stablecoins exceed the 2 trillion US dollars, as predicted by Finance Minister, he said that Ethereum would probably benefit from exponential growth in use.

From 16:41 GMT on July 19, according to Coindesk, ETH dealt with $ 3,564.10 in the last 24 hours by 0.26%.

Highlights for technical analysis

• The ETH-USD showed a remarkable volatility in the 23-hour window from July 18 at 1:00 p.m. at 12:00 p.m., with prices fluctuating in a range of $ 189.98 and a 5% vibration between the technical analysis data of Coindesk Research from $ 3,670.26 and the technical analysis data from Coindesk.

• The sharpest movement occurred on July 18 between 2:00 p.m. and 8:00 p.m. UTC, since the ETH from $ 3,670.26 to $ 3,480.58 sank to heavy volume and reached 830,808 units.

• This provided a strong resistance of around $ 3,670 and support in the result of $ 3,480. Due to the decline, the ETH entered a consolidation phase between $ 3,540 and $ 3,600, with a falling trading volume indicating a slowdown of the impact and potential price stabilization.

• During the last 60-minute time until July 19 at 12:49 UTC, ETH showed a new strength and rose to an intraday low of 3,546.17 USD at 12:07 p.m. to 3:557.98 USD at 12:46 p.m.

• This V-shaped back rash occurred at important turning points with increased volume, whereby the spikes occurred to 8,319 and 9,841 units at 12:08 or 12:29 UTC potential signs of institutional accumulation and a reversal of the previous downward trend.

Liability exclusion: Parts of this article were generated with the support of AI tools and checked by our editorial team to accuracy and compliance with compliance Our standards. You can find more information at Coindesks complete AI policy.