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Is Ether going crazy? Institutional investors are rushing to buy with 100 billion, aiming for $8000!
Ethereum (ETH) may be at the start of a new bull market, market data and technical indicators suggest a rise. The RSI has returned to a historical support area, having previously touched this mark three times and each time increasing by more than 340%. This time will be no exception, analysts predict that ETH could reach 8000 dollars by the end of 2025!
The centralized exchange has withdrawn large amounts of ETH, reaching 49.91 million coins, indicating that long-term investments are gradually entering the market. The A coin alone has withdrawn 44.73 million coins; what intentions lie behind this? Decreasing supply + increasing demand, ETH is entering a "supply shortage" mode.
The MVRV Z indicator is close to the "undervaluation zone," and every time it has dropped into the green zone, ETH has subsequently seen significant growth. Technical analysis is also on point, as ETH has broken out of the descending wedge, with a target price aiming for $2800, currently holding above $1800, the structure is stable and trending upwards.
Giants like Grayscale and Fidelity are investing large sums, and Ether has clearly become a favorite among institutional investors. Numerous signals point in one direction — ETH may experience historic growth in 2025. Are you still in doubt? The market will not wait.