Ethereum price predictions are in focus as outflows continue to deepen, and major issuers are cutting back on their stakes. Data from SoSoValue shows that the total net outflow of ETH ETF funds has reached $678 million. This marks the largest withdrawal since the launch in three consecutive days of negative performance.

Despite facing difficulties, some experts remain optimistic about Ethereum's long-term prospects. They still support previous Ethereum price predictions, stating that ETH will reach $9,000 by 2025. This article explains everything and why a rising ERC-20 token could increase 30 times if Ethereum hits the $9,000 target.

Ethereum reserves remain strong despite the outflows

ETH ETF issuers still hold over 6.3 million ETH despite recent outflows, equivalent to about 5% of total circulating supply, valued at nearly $26 billion. This means that recent outflows are the result of price correction movements and nothing else. Some experts refer to it as a 'pure profit-taking action' from big players, tightening liquidity in the market.

As the market absorbs this liquidity shock to support higher ETH prices, the next bullish phase is likely to occur. However, the risk of this event is that smart money may intervene in prices, potentially moving prices explosively in either direction. Big players do this to accumulate positions from the early sell-off of retail investors.

Ethereum Price Prediction: Will the trend continue in the outlook?

After a strong rejection from the supply zone of $4,700, ETH has witnessed a downward spiral and is now at its critical support area. On-chain indicators are warning of red flags. ETH price is accumulating supply above the 20-day EMA, which is currently acting as short-term support.

Meanwhile, the overall outlook remains positive. The 50, 100, and 200-day EMAs are still sloping upwards. The RSI has dropped to 54, from the overbought region earlier this month, signaling that a buying climax is decreasing and there is still plenty of room for expansion.

ETH's cooling has now established a neutral market sentiment, allowing it to enter a balanced territory that is neither too hot nor oversold. If it holds above the support area of $4,100, there is a high likelihood of continuing the trend and breaking the $4,700 zone.

Layer Brett: Ready for a 30x explosion from Ethereum's bull run

The outflow of funds from ETH is expected to spill into Layer Brett, as it carries immense potential while running on the Ethereum chain. The project offers attractive features, unlike other hype tokens.

As a Layer 2 Ethereum meme coin, Layer Brett combines viral meme culture with serious blockchain technology. This includes ultra-fast transactions, low gas fees, and attractive staking rewards of up to 3,800% APY for early participants.

Layer Brett's ultra-low market cap means there is a lot of room to grow, and the attractive entry price is at $0.0044. Its pre-release is nearing $1 million, which is particularly impressive for such a project.

By the time Ethereum hits $9,000, Layer Brett will provide early investors with over 30x ROI. It has a unique product, ambitious goals, and above all, is backed by a tight-knit community that keeps it stable.

Conclusion

If you've missed out on Ethereum, Bitcoin, and other blue-chip assets, don't miss Layer Brett. Born with grand ambitions, this coin is set to dominate the meme coin space and turn many investors into cryptocurrency millionaires. Investing in the Layer Brett market is a no-brainer for investors looking to maximize their cryptocurrency profits by 2025.

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