Ethereum’s Next Stop: $6K? Analysts Double Down on Bullish 2025 Prediction
Ethereum isn't just climbing—it's moonwalking past skeptics. With institutional adoption surging and Layer-2 solutions eating gas fees for breakfast, the $6K target looks less like hopium and more like a waypoint.
Why the confidence? DeFi's backbone keeps flexing. TVL across protocols just hit another ATH, NFT royalties are getting automated, and even TradFi dinosaurs are allocating to staking yields (while still calling it a 'bubble,' naturally).
The kicker? ETH's supply shock mechanics post-Merge make Bitcoin's halvings look quaint. When Wall Street finally understands burn rates, we'll get another 'discovery' phase—complete with CNBC anchors mispronouncing 'sharding.'
Bear case? Macro headwinds could delay liftoff. Bull case? A single crypto-native bank collapse might send more capital into smart contracts than 10 Fed rate cuts combined. Place your bets—the blockchain doesn't care about your CFA certification.
The Roaring Bull Case
In a recent breakdown, Weslad explained that Ethereum’s price action since its $4,851 all-time high has formed a giant consolidation pattern. According to him, this structure is now approaching a critical inflection point known as wave D, testing its upper boundary.
At the same time, a bullish Inverse Head and Shoulders (IH&S) pattern is emerging on the daily chart, with its neckline acting as stubborn resistance NEAR $2,855.
This technical confluence suggests a coiled spring ready to unleash tremendous energy into the market, leading the analyst to state unequivocally:
“A confirmed breakout above the neckline [$2,855] WOULD likely validate both the IH&S and the breakout from wave D, setting the stage for a potential expansion move toward the $6,000 target and beyond.”
Weslad’s audacious target found an ally in fellow strategist Jeremy Fielder, who declared in a video posted on X:
“We’re looking at $6,500 Ethereum by the end of the year and then a possible 10,000 Ethereum in early next year… Regulation is now pro-crypto. That’s all you need to know.”
He based his argument on the accelerating adoption of Web3 and a favorable regulatory shift, dismissing granular metrics in favor of a sweeping bullish tide.
While not as lofty a milestone as Weslad’s and Fielder’s, market watcher Titan of Crypto’s $4,100 target is not far off the ballpark. His thesis is hinged on Ethereum’s successful recovery back inside its crucial weekly trading range, noting that momentum is building towards the range high.
Looming Bear Trap
But don’t celebrate just yet. Weslad’s otherwise bullish analysis also comes with a stark warning for the downside scenario. He suggested that if ETH faces rejection at the critical $2,855 neckline resistance or the upper boundary of the pennant, a retracement into wave E becomes highly probable.
According to him, this trajectory would drag the price down towards a “high-confluence demand zone” spanning $1,400 to $1,800. That’s a potential 40% collapse from current levels.
