Ethereum’s (CRYPTO: ETH) has rebounded above $3,600, sparking a discussion about whether the coveted $4,000 resistance may fall soon.
What Happened: In his latest podcast, analyst Benjamin Cowen predicted Ethereum could hit new all-time highs between $5,300 and $7,500 by the end of 2025, based on a harmonic “butterfly effect” pattern.
Cowen expects short-term weakness to continue through September and October, mirroring historical cycle behaviour.
Cowen’s outlook is rooted in Ethereum “going home” in April 2024, when ETH revisited its bull market support band for the first time since 2020.
“When Ethereum goes home, it’s usually a good opportunity to buy,” Cowen said, noting this behaviour often aligns with ETH bottoming …