Ethereum’s Stagnant Price Masks Potential Breakout, Analysts Say
Ethereum’s price action on a macro scale has presented a puzzle, with the cryptocurrency trading at virtually the same level it occupied in March 2021. Despite this prolonged period of stagnation, two prominent cryptocurrency analysts on X (formerly Twitter) have identified a significant potential breakout that could propel ETH toward its all-time high. However, a substantial obstacle remains.
Ali Martinez, in a recent post, highlighted that ETH was priced around $1,700 in March 2021, a figure it mirrors today. This means a hypothetical $10,000 investment made five years ago would still be worth approximately $10,000. While the altcoin achieved several record highs in the intervening years, it has since retreated to its previous baseline, marking a substantial 65% decline from its last peak in 2025.
“Despite five years of severe volatility, explosive bull runs, and deep bear-market liquidations, ETH has posted zero net gains from that baseline,” Martinez observed.
Furthermore, he reiterated his earlier predictions that ETH may not have reached its bottom for the current cycle. While he previously suggested $700 as a potential floor, he now points to the $1,060 level as a critical value zone to monitor. If Ethereum can successfully defend this macro support, Martinez added, it could pave the way for a short-to-mid-term rally to $2,850 or even $4,630.
Fellow analyst Michaël van de Poppe expressed an even more optimistic outlook for the asset. While refraining from specific price targets, he suggested that the current moment might represent “one of the best times to be buying ETH.” He further posited that investors will likely regret not acquiring more ETH in five to ten years.
Van de Poppe’s remarks were in response to an observation by analyst James Easton, who noted that individuals often “give up right before the fun part,” tagging Ethereum’s token in his commentary.
The post Is Now the Ideal Time to Buy ETH? Analysts See a Path to $5K But There’s a Catch appeared first on CryptoPotato.
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