{"id":10777,"date":"2025-09-15T16:05:07","date_gmt":"2025-09-15T16:05:07","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ethereum-price-set-for-8k-breakout-top-bitget-analyst-predicts\/"},"modified":"2025-09-15T16:05:12","modified_gmt":"2025-09-15T16:05:12","slug":"ethereum-price-set-for-8k-breakout-top-bitget-analyst-predicts","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ethereum-price-set-for-8k-breakout-top-bitget-analyst-predicts\/","title":{"rendered":"Ethereum price set for $8k breakout, top Bitget analyst predicts"},"content":{"rendered":"
\n

Ethereum price has fallen over the past three days, moving from last week\u2019s high of $4,772 to $4,500. Still, one top Bitget analyst sees ETH rising to between $5,800 and $8,000 this year.<\/p>\n

\n
\n Summary<\/span>\n <\/div>\n
\n
    \n
  • Ethereum price could jump to $8,000 this year.<\/li>\n
  • A Bitget analyst cited strong Ethereum ETF inflows.<\/li>\n
  • It will also benefit from macro factors and its ecosystem growth continues.<\/li>\n<\/ul><\/div>\n<\/div>\n

    <\/p>\n

    Bitget analyst delivers bold Ethereum price forecast<\/h2>\n

    Ryan Lee, Bitget\u2019s Chief Analyst, believes that Ethereum (ETH) has more upside and that it could jump to a high of $8,000. He cited the coin\u2019s appeal among American investors, as evidenced by the recent ETF inflows, its network expansion, macro tailwinds, and upcoming upgrades.\u00a0<\/p>\n

    SoSoValue data shows that spot Ethereum ETFs added over $405 million in inflows on Friday after adding $330 million in the previous three days. These funds have recorded cumulative inflows of $13.38 billion since their approvals in 2024, with BlackRock\u2019s ETHA holding over $17.25 billion in assets.<\/p>\n

    <\/p>\n

    The Ethereum network has also had substantial growth in the past few months, with over $208 billion in total value locked and $508 billion in bridged TVL. Its stablecoin market cap has jumped to over $157 billion.<\/p>\n

    Meanwhile, Ethereum price will benefit from the Fusaka upgrade, which will happen in November. This upgrade will boost scalability, especially for rollups and layer-2s, make it easier to run nodes, and improve security. The Fusaka upgrade comes after the network implemented the Pectra update.<\/strong><\/p>\n

    The main macro catalyst that may drive Ethereum price higher is the upcoming Federal Reserve interest rate cuts. Lee said:<\/p>\n

    \n

    \u201cThe Federal Reserve\u2019s expected 25-basis-point cut at its September 17 meeting would reduce borrowing costs and boost liquidity, providing a tailwind for risk assets. Under this scenario, Bitcoin could climb toward $150,000\u2013$200,000 by year-end, while Ethereum may advance to the $5,800\u2013$8,000 range on the back of ETF rotations and network expansion.\u201d<\/p>\n<\/blockquote>\n

    ETH price technical analysis<\/h2>\n
    Ethereum price chart | Source: crypto.news<\/figcaption><\/figure>\n

    The weekly timeframe chart shows that the ETH price bottomed at $1,396 in April. It recently moved above the important resistance at $4,115, the high from March and November of last year.<\/p>\n

    The coin has remained above the 50-week Exponential Moving Average. It moved above the weak stop and reverse point of the Murrey Math Lines at $4,375. It has also formed a bullish pennant pattern.<\/p>\n

    Therefore, the most likely scenario is that the coin rises and hits the extreme overshoot point at $6,250, which is about 41% above the current level.<\/p>\n

    <\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

    Ethereum price has fallen over the past three days, moving from last week\u2019s high of $4,772 to $4,500. Still, one top Bitget analyst sees ETH rising to between $5,800 and…<\/p>\n","protected":false},"author":1,"featured_media":4021,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=10777"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10777\/revisions"}],"predecessor-version":[{"id":10778,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/10777\/revisions\/10778"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4021"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=10777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=10777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=10777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}