Ethereum готов к «суперциклу»: аналитик предсказывает рост до $7000 к концу 2025 года Translation: Ethereum poised for a supercycle: analyst predicts rise to $7000 by the end of 2025

The second-largest cryptocurrency by market capitalization is entering a «supercycle» phase reminiscent of the one that propelled Bitcoin to a hundredfold increase since 2017, according to Tom Lee, head of BitMine.

In 2017, he advised Fundstrat clients to invest in digital gold at around $1,000. Despite experiencing periodic drops of up to 75% in the following years, the asset surged a hundred times.

By early 2025, Ethereum lagged behind Bitcoin, which repeatedly set new price records. In August, Ether reached an all-time high (ATH) of $4,946, while Bitcoin escalated to $126,000 by October.

Since then, digital gold has dropped by 25% from its peak, while Ethereum has seen a decline of 35%. Lee attributes this volatility to investor skepticism, suggesting they «underestimate the scale of the future.»

“To benefit from this hundredfold supercycle, one had to endure existential moments and continue holding the asset,” he added.

Lee believes the market downturn is linked to troubles among one or more major market makers. He remarked that «sharks» are attempting to trigger a wave of liquidations to drive Bitcoin’s price down.

He is confident that this is a temporary phenomenon and will not alter Ethereum’s «supercycle,» during which Wall Street continues to build blockchain solutions, he noted.

The analyst advised traders against using leverage to avoid liquidation.

The head of BitMine also reaffirmed his forecast: Bitcoin’s price is expected to reach $150,000, while Ethereum’s will hit $7,000 by the end of 2025. He believes this is supported by «strong liquidity trends and increasing institutional adoption.»

Burak Keshmetschi, an analyst at CryptoQuant, reported that Ethereum’s price is currently 8% away from the «realized accumulation price.» This is the average price at which long-term holders bought the asset.

At the time of writing, Ethereum is trading around ~$3,200, with the realized accumulation price set at $2,895.

Keshmetschi noted that the value of the second-largest cryptocurrency fell below this zone only once—during the «Trump tariff crisis» in April 2025. At that time, the Global Economic Policy Uncertainty Index (GEPU) peaked at 629 points, 50% higher than during the COVID-19 pandemic peak.

Despite the panic, around 17 million ETH flowed into accumulation addresses in 2025, with the total balance of such wallets increasing from 10 million to 27 million ETH. According to the analyst, this indicates that long-term investors preferred accumulation to impulsive selling.

If Ethereum’s price drops another 8%, it will reach the average accumulation purchase level. Historically, this zone has been a good opportunity for long-term investments. The expert believes that even if the price of Ether briefly falls below $2,900, it will not remain there for long.

It is worth noting that in November, analyst Michaël van de Poppe stated that the altcoin needs to break through the $3,800-$3,900 range to set new highs.