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In the dynamic world of cryptocurrency, Ethereum (ETH) is currently under the spotlight, with many investors and analysts closely watching for potential breaching of its 2021 highs. The digital currency has shown impressive growth, with a 90% increase in Q3 alone.
The current bullish momentum is attributed to an 8% supply squeeze, which has led to increased scarcity and reduced available liquidity. This supply constraint, as experts suggest, supports price discovery by tightening the supply-demand dynamics, exerting upward pressure on price during bullish phases.
Current predictions indicate that Ethereum is highly likely to breach its 2021 all-time highs in 2025. Several forecasts project ETH to reach between $5,000 and $9,500 during this year and into 2026.
Some predictive research points to a new all-time high near $5,150 in summer 2025, followed by $7,500 in 2026. Other experts, such as Crypto Rover, forecast a potential peak of $9,500 between October and December 2025 if the bull market persists.
Additional analysis supports the $9,000 price target within 2025 despite recent market liquidity outflows, which are seen as short-term corrective actions or profit-taking rather than fundamental weakness.
It's important to note that this article does not provide any predictions or forecasts beyond the potential breaching of 2021 highs. For must-read news and insights about the cryptocurrency market, consider subscribing to our daily newsletter.
Expert commentary notes that such supply constraints often catalyse sharper price moves, especially when combined with institutional buying and continued network growth. However, this can also lead to increased price volatility.
In summary, Ethereum is currently predicted to surpass its 2021 highs in the latter half of 2025, reaching potentially up to $9,500, supported partly by supply squeezes of around 8%, which enhance price discovery by limiting circulating supply and increasing buying pressure.
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