{"id":360136,"date":"2025-08-20T19:01:17","date_gmt":"2025-08-20T19:01:17","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/360136\/"},"modified":"2025-08-20T19:01:17","modified_gmt":"2025-08-20T19:01:17","slug":"ethereum-prediction-pullback-to-4150-before-5-1k-analyst","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/360136\/","title":{"rendered":"Ethereum prediction: ‘Pullback to $4,150’ before $5.1K – Analyst"},"content":{"rendered":"

\t\t\t\t\t\t\t\tKey Takeaways<\/strong><\/p>\n

Tom Lee has projected that ETH could soon top and print a new ATH above $5K. While market positioning aligned with the bullish thesis, U.S. demand has slumped.\u00a0<\/p>\n

Ethereum [ETH]<\/a> price has dropped to $4K on the 19th of August, a level that Wall Street analyst Tom Lee believes could be the springboard to $5.1K.\u00a0<\/p>\n

In an X (formerly Twitter) post, Lee echoed FundStrat\u2019s Mark Newton\u2019s projection that ETH\u2019s pullback would end mid-week around $4K-$4.15K. <\/p>\n

He called<\/a> it a healthy correction with a potential for ETH to rise to $5.1K in the near term.\u00a0<\/p>\n

\n

\u201cEthereum is undergoing a minor correction. Pullback to $4,075-$4,150 by midweek. Pullbacks are healthy.\u201d<\/p>\n<\/blockquote>\n

He linked the projection to Elliot Wave analysis. True to it, at press time, ETH saw a relief bounce at $4K, which doubled as a resistance in 2024. Securing it as a support could embolden ETH bulls.\u00a0<\/p>\n

\"Ethereum\"<\/a><\/p>\n

Source: ETH\/USD, TradingView<\/p>\n

ETH exchange reserve hit new yearly lows<\/p>\n

Structurally, the overall exchange sell pressure has also dropped to a new yearly low.\u00a0<\/p>\n

This suggested that investors have transferred their coins from exchanges either to self-custody or validator operations, further underscoring the bullish cue.\u00a0<\/p>\n

\"Ethereum<\/a><\/p>\n

Source: CryptoQuant<\/p>\n

Interestingly, the recent pullback was marked by record-high CME Futures Open Interest (OI).\u00a0<\/p>\n

Per Velo data<\/a>, ETH CME Futures OI topped $8B, thanks to its attractive basis trade that averaged over 10% compared to 7%-9% for BTC.\u00a0<\/p>\n

\"Ethereum<\/a><\/p>\n

Source: Velo<\/p>\n

In other words, ETH offered more attractive returns for hedge funds leveraging delta-neutral strategies by buying Spot ETH ETFs and shorting CME Futures to collect the 10% basis trade in August.\u00a0<\/p>\n

But in the short-term, a strong rebound could only be realized if demand from U.S. investors recovers.<\/p>\n

As of press time, U.S. investors\u2019 appetite for the altcoin dropped sharply in the past few days, as shown by the Coinbase Premium Index.\u00a0\u00a0<\/p>\n

\"Ethereum<\/a><\/p>\n

Source: CryptoQuant<\/p>\n

A renewed bid and surge in the metric could confirm Lee\u2019s rally to $5K; hence, worth tracking. <\/p>\n

Despite the faltering demand and profit-taking<\/a>, the overall market positioning for ETH longs has surged in the past three days.\u00a0<\/p>\n

CoinGlass data showed that top Binance traders have increased long positions from 75% to nearly 80%, further underscoring the bullish outlook.\u00a0<\/p>\n

\"Ethereum\"<\/a><\/p>\n

Source: CoinGlass<\/p>\n

\t\t\t\t\t\t\t\t\t\t\tNext: XRP dips after 470M tokens sold \u2013 $2.60 in sight IF\u2026<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Key Takeaways Tom Lee has projected that ETH could soon top and print a new ATH above $5K.…\n","protected":false},"author":2,"featured_media":360137,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-360136","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115062642134722919","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/360136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=360136"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/360136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/360137"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=360136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=360136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=360136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}