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Citigroup Predicts Ethereum to Drop to $4,300 by Year-End 2025
The recent decline in Ethereum's price has led to predictions of further drops. Citigroup projects Ethereum might fall to $4,300 by the end of 2025. Currently, ETH trades at $4,515.24, following a decline from a high of $4,700.
Price Analysis
- Citigroup analysts highlight network activity as a key value driver, with growth attributed to Layer-2 solutions.
- The coin's overvaluation may be due to strong inflows and excitement around stablecoins and tokenization.
- Potential scenarios include a bear case of $2,200 and a bull case of $6,400.
- Selling pressure and profit booking contribute to the price drop.
Market Sentiments
- Technical analysis suggests risks, but some analysts view $4,800-$4,880 as a resistance zone for upward movement.
- A failure to maintain above $4,500 could lead to retesting $4,000-$4,100 levels.
Future Prospects
- A breakout could occur if ETH closes above $4,880, potentially leading to new momentum.
- Institutional demand plays a crucial role, with BitMine Immersion Technologies recently acquiring $200 million worth of ETH.