Ethereum Stages Bounce — $8,500 in Sight If Resistance Falls

Key Notes

  • Analysts project the Ethereum price could surpass $7,000 by May 2026.
  • Major institutions, including BitMine and BlackRock, reportedly bought billions in ETH.
  • Robert Kiyosaki advises buying Ethereum alongside silver as a store of value.


ETH
$4 149



24h volatility:
1.8%


Market cap:
$501.57 B



Vol. 24h:
$53.95 B

price has staged a strong recovery following the crypto market crash, and is currently trading at $4,100 level. Market experts note that this V-shaped recovery from the bottom of $3,500 hints at a strong bullish sentiment for the rally to continue. If ETH breaks past its all-time highs, analysts see a rally to $8,500 coming.

Ethereum Price Can See Another 100%, Experts Say

Market experts are closely monitoring the ETH price recovery after it plummeted to $3,500 in a flash crash last Friday. With the broader crypto market recovery, Ethereum has bounced back to $4,100 as of press time.


Popular crypto analyst Ted Pillows said that the bulls have been successful in reclaiming the $4,060 support level. He added that the asset is currently exhibiting a V-shaped recovery pattern, a bullish signal suggesting strong market momentum.

According to X analyst Pillows, the next crucial resistance is at $4,250. A breakout above this level would likely place bulls back in control of Ethereum’s short-term trend.

 

Other market analysts have been echoing similar thoughts, noting that ETH is preparing for a multi-month rally. Popular analyst Mike Investing said that the recent Ethereum price pullback under $4,000 was the final one as the asset begins its multi-month rally.

According to Mike, major institutional players, including BitMine and BlackRock, among others, collectively accumulated billions of dollars’ worth of ETH during the recent market dip. He projects that Ethereum could surpass $7,000 by May 2026 if current accumulation trends continue.

Crypto analyst Javon Marks has signaled that Ethereum (ETH) could be poised for its next upward move. Marks noted that a break above the key resistance level of $4,811.71 could trigger a rally, potentially sending ETH prices beyond $8,500.

Buy Silver and Ethereum, Says Robert Kiyosaki

While predicting the biggest financial market crash this year in 2025, popular analyst Robert Kiyosaki advised his followers to buy silver and Ethereum. In his message on the X platform, Kiyosaki wrote:

“Today, I believe silver and Ethereum are the best because they are stores of value.”

Kiyosaki also praised Trump’s 401 (k) retirement plan, which allows investors to invest in alternative digital assets. In a recent post on X, the millionaire expressed admiration for Trump, praising him for challenging financial elites whom he alleges have taken advantage of the working class through traditional 401(k) plans.

Snorter Bot (SNORT) Targets $5 Million in Presale Raise

Snorter Bot, a rapidly growing Telegram-based trading assistant, is gaining traction and is closer to raising $5 million. It combines the viral appeal of meme coins with advanced trading functionality. Designed to simplify on-chain trading, the bot allows users to spot, snipe, and manage tokens directly within Telegram with just a few taps.

The first version focuses on the Solana ecosystem, leveraging its fast transactions and low fees. Future updates plan to expand support to Ethereum, BNB Chain, and other EVM-compatible blockchains.

The SNORT token powers Snorter’s premium features. With a fixed supply of 500 million tokens, the project aims to make high-speed DeFi trading accessible to all users.

Presale Highlights

  • Token Price: $0.1077.
  • Funds Raised: $4.64 million.
  • Ticker: $SNORT.
  • Network: Solana.

With low trading fees and a multi-chain roadmap, Snorter Bot has quickly become one of the best crypto presales in the market.

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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

Bhushan Akolkar on X


Source: https://www.coinspeaker.com/ethereum-bounce-8500-resistance-break/