Bitget CEO predicts Ethereum breaking new ATHs $5200 range

-

Bitcoin is expected to trade in the $110,000–$120,000 range over the next one to two weeks, while Ethereum looks stronger, with targets between $4,600 and $5,200.

Ethereum’s rally past $4,300 signals robust ecosystem demand and the potential onset of an altcoin season.

A key catalyst has been Federal Reserve Chair Jerome Powell’s unexpectedly dovish comments, which boosted risk-on appetite across markets.

On-chain data shows capital rotation underway, with whales selling Bitcoin to increase Ethereum exposure, further accelerating ETH’s momentum.

This macro easing, combined with sustained ETF inflows and Ethereum’s growing utility, suggests ETH is positioned to outperform in the near term.

Bitcoin should remain supported by institutional demand, but Ethereum’s fundamentals and ETF prospects give it an edge in leading the next leg of the market rally.

Gracy Chen, CEO of Bitget


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

LATEST POSTS

The proposed rulemaking released by the U.S. Federal Deposit Insurance Corporation (FDIC) under the GENIUS Act

This rule establishes a clear regulatory framework for FDIC-supervised banks and their subsidiaries to issue payment stablecoins. This goes beyond banking, it provides a legitimate and...

Crypto Markets Reprice as CLARITY Act and Shutdown Risks Converge

The Senate delay on the CLARITY Act suggests lawmakers are still working through commercially sensitive parts of crypto legislation before advancing the bill, particularly around...

Asia Risk-Off Move Reinforces Short-Term Capital Rotation Across Global Markets

Today's decline across Asian equities suggests geopolitical risk is again becoming a direct driver of capital allocation across regional markets. Japan's Nikkei fell 3.4%, taking monthly...

U.S. Equity Selloff Signals Faster Repricing of Macro Risk Across Global Markets

More than $1 trillion being erased from U.S. equities reflects how quickly markets are repricing macro risk as higher oil prices revive inflation concerns and...
122FollowersFollow

Most Popular

Guest posts