The weekly RSI has reached a record low, indicating the oversold condition of ETH. This often signals a potential trend reversal. Over the past month, the ETH/BTC pair has already recovered by 30%, which could serve as an early confirmation of the reversal. Volatility of ETH/BTC The volatility of the ETH/BTC trading pair. Source: Axel Bitblaze

Axel also emphasized the interest of institutional investors in Ethereum. Recently, SharpLink Gaming raised nearly $500 million to purchase ETH. Considering all these factors, Axel predicts that ETH could reach $9,000 by early 2026:

"By December 2025, ETH could be trading in the range of $6,000 to $6,500. The last upward surge is expected in the first quarter of 2026, and ETH will likely trade above $9,000 before a sharp decline."