Will Ethereum Hit $3K Following Tom Lee’s $1B ETH Stake?

The Ethereum value edged up a fraction of a proportion up to now 24 hours to commerce at $2,939 as of 01:49 a.m. EST, with buying and selling quantity dropping 44% to $7.9 billion.

ETH continues to flirt with the $3,000 zone as large monetary establishments wager large on the altcoin king.

Tom Lee’s BitMine Immersion Applied sciences has intensified its bullish sentiment for the worth of Ethereum and its ETH technique, after staking a complete of 342,560 ETH, valued at round $1 billion.

Tom Lee(@fundstrat)’s #Bitmine continues shifting $ETH into staking.

Over the previous 2 days, #Bitmine has staked 342,560 $ETH($1B).https://t.co/P684j5YQaGhttps://t.co/pXHT9mCPUC pic.twitter.com/0Y9XBShQzI

— Lookonchain (@lookonchain) December 28, 2025

BitMine is likely one of the largest digital asset treasury corporations, which has set a goal of holding round 5% of Ethereum’s provide. The corporate at the moment holds over 4 million ETH tokens, which is roughly 3.4% of the Ethereum complete provide.

The crypto market is watching sure international developments that are more likely to form the market sentiment this week, which may in flip have an effect on the worth of the second-largest crypto by market capitalization, one being the Zelensky-Trump assembly.

Russian forces hit Ukraine’s capital and key vitality amenities with an enormous airstrike on the eve of talks between Ukrainian President Zelensky, and US President Trump.

🚨 JUST IN: The White Home has moved PRESIDENT TRUMP’S assembly with Zelensky in Florida tomorrow to 1PM ET

PRAY FOR PEACE.

Trump needs to finish the Russia-Ukraine struggle for the brand new 12 months! 🇺🇸 pic.twitter.com/3v41Y9dkY7

— Eric Daugherty (@EricLDaugh) December 28, 2025

The assembly on Sunday is ready to happen in Palm Seashore, Florida, in pursuit of a deal to finish Russia’s practically four-year invasion.

Ethereum Value Faces Indecision Inside a Consolidation Zone

The ETH value bulls are at the moment displaying indecision after ETH shaped a rounded high construction earlier within the 12 months, having reached a cycle excessive close to $4,927 earlier than shedding momentum.

Following the rejection from this excessive, Ethereum underwent a chronic correction, finishing the rounded high sample and declining sharply towards the $2,700 help zone, which aligns with the 0.786 Fibonacci retracement stage.

This help area has since acted as a powerful demand space, protecting the Ethereum value motion compressed inside a sideways consolidation vary, whereas upside makes an attempt have been capped under the $3,300 resistance zone.

ETH stays underneath bearish stress after forming a dying cross earlier within the decline, with value nonetheless buying and selling under each the 50-day Easy Transferring Common (SMA) ($3,052) and the 200-day SMA ($3,585).

Furthermore, the Relative Energy Index (RSI) on the each day timeframe is at the moment round 44, having moved barely increased from current lows.

This means momentum is stabilizing however stays under the impartial 50 stage, indicating the worth of ETH continues to be buying and selling inside a neutral-to-bearish zone moderately than a confirmed bullish sentiment.

ETH Value Prediction

In response to the ETH/USD each day chart evaluation, the ETH value is at the moment buying and selling inside a consolidation part following a broader bearish correction.

If bulls efficiently defend the $2,700 help space and construct sustained demand, Ethereum may try a reduction rally towards the $3,300 resistance, with a better upside goal close to $3,550–$3,585, the place the 200-day SMA and the 0.5 Fibonacci retracement converge.

Nevertheless, if bearish stress persists and the Ethereum value data a decisive each day shut under $2,700, the following vital draw back help lies close to the $2,200 area, a previous help.

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