\n\t\t\t\t\t\t\t\t\t“Everybody is waiting for that ultimate confirmation, but that never comes,” Michael van de Poppe stated.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
It was the start of June when the second-largest cryptocurrency last traded above the $2,000 psychological level and is currently down 60% on a yearly scale.<\/p>\n
Despite the downfall, many analysts see upside potential, while some believe the ongoing conditions represent a great buying opportunity.<\/p>\n
The Right Strategy?<\/h2>\n
As of press time, ETH is worth around $1,880, as some market participants are perhaps waiting for the ultimate confirmation that the cycle\u2019s bottom has arrived so they can jump on the bandwagon. According<\/a> to Michael van de Poppe, that moment never comes, claiming the ideal time to position yourself in ETH is literally right now.<\/p>\n \u201cIt\u2019s always awkward to be positioning yourself into a position, as that\u2019s the purpose of the markets. Previous breakouts of the market have resulted in generally big returns, as ETH is known for volatile movements. In that sense, last time a 60% breakout in less than a week took place. In 2023, the same happened,\u201d he added.<\/p>\n<\/blockquote>\n Van de Poppe said he wouldn\u2019t be surprised to see such an upswing in the following months, with a rally to $3,000 in a matter of days\/weeks.\u00a0Shortly after, the analyst argued<\/a> that \u201ca volatile move\u201d is on the horizon, suggesting that ETH\u2019s range is getting smaller day after day and that a pump might be coming next.<\/p>\n \u201cRemaining positive for the coming period,\u201d he concluded.<\/p>\n<\/blockquote>\n Other commentators who have also recently touched upon Ethereum include Ali Martinez and Gerla. The former opined<\/a> that the drop to $1,580 in June was the launchpad for a potential upcoming rally, setting $3,000 as the target. Martinez noted that this level has historically acted as a precursor to major revivals on multiple occasions.<\/p>\n X user Gerla was even more bullish, spotting<\/a> an RSI signal that has previously been followed by a price explosion. That said, the analyst thinks the next move could send ETH to a new all-time high above $10,000.<\/p>\n Multiple elements hint that ETH may indeed be poised for a substantial ascent. Not long ago, CryptoQuant revealed<\/a> that large investors (those holding between 10,000 and 100,000 coins) and \u201cmega-whales\u201d have accumulated aggressively since mid-2025. At the same time, smaller players have been selling, which is typically considered a bullish combination.<\/p>\n The next factor on the list is the amount of ETH stored on exchanges, which continues to hover near a 10-year low. This suggests that many investors have transferred their holdings from centralized platforms to self-custody, effectively reducing immediate selling pressure.<\/p>\n\n
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The Factors to Consider<\/h2>\n
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