Ethher (ETH), the native cryptocurrency of the Ethereum network, is experiencing one of its best moments, at least in the digital asset market.
This Saturday, August 9th, ETH exceeded $4,200. This is something that has not been registered since 2021 and is currently aiming to break the maximum historical price (AT) of $4,891 per unit.
This rise in Bertisin price was not noticed by Dutch economist and trader Michael Van De Poppe and commented on Social Network X. Cryptocurrency is creating “wild movements”.
However, analysts warn that buying ETH at these high levels is considerable risk, suggesting that the market could overheat after this impulse.
Wild ETH movement. It reaches its maximum and buying ETH at these high prices is a bit dangerous. He is preparing for a big break to historic maximum, but I think it would be wiser to allocate funds within the ETH ecosystem.
Michael Van de Poppe
Van de Poppe has identified a price range of around US$3,800 to US$4,000 as a critical resistance area.
If ETH integrates beyond this level, analysts suggest that it may be possible Preparing for breaks to new maximumsa scenario that many of the community will predict by 2025.
Regarding the possibility, the economist explained, “It wouldn’t be strange for ETH to shoot up to $6,500-8,000. That seems like a reasonable price. That’s possible, but Van de Poppe won’t see her in the short term.
«It is unlikely that we will continue to rise. $2,000 (90%) rose less than a month later. The short-term risks to buy here are beyond rewards, so I think it will stagnate a bit before breaking this important territory of resistance».
Another trader who sees the “perfect” mixture of events that benefit ETH is @ethtrader In a Reddit post, the new US Stocks and Value Committee (SEC) noted that “it gives investors more confidence, as it looks at things more closely, not too harsh.”
«This pushes prices up, everything shows that something new for the year is coming. We should think this is a real opportunity for Ethereum to shine ».
As Criptonoticias recently reported, in the opinion of our market specialist Martín Arrúa, ETH is diverging between the price and activity of the network.
The recent rise in the second-value cryptocurrency in the market has promoted equal enthusiasm among investors and analysts, marking a significant milestone. Although experts like van de Poppe warn about these high levels of purchasing risk.
In any case, 2025 appears to have emerged as an important year for ether, but prudence and strategy are essential to navigating such dynamic and unstable markets.