Wild movement of $ETH . It has reached highs and it is a bit risky to buy $ETH at these high prices. It is preparing for a major break towards all-time highs, but I think it is more prudent to allocate funds within the $ETH ecosystem, as it should generate higher returns.

Michaël van de Poppe

Van de Poppe also identifies a price range between approximately USD 3,800 and USD 4,000 as a critical resistance area.

Regarding that possibility, the economist considers that "it would not be strange for ETH to soar to 6,500-8,000 dollars. That seems to be a reasonable price." While that is a possibility, Van de Poppe does not see it as achievable in the short term and explains the reason.

"It is unlikely that we will continue to rise suddenly. It just went up 2,000 dollars (90%) in less than a month. The short-term risk of buying here outweighs the rewards, so I think we will stagnate a bit before breaking this crucial resistance zone." If it manages to consolidate above this level, the analyst suggests that it could be preparing for a breakout to new highs, a scenario that many in the community anticipate for 2025.