{"id":629285,"date":"2024-07-12T06:00:55","date_gmt":"2024-07-12T06:00:55","guid":{"rendered":"https:\/\/www.uniquehot.com\/?p=629285"},"modified":"2024-07-11T18:50:36","modified_gmt":"2024-07-11T18:50:36","slug":"ethereum-will-reach-8000","status":"publish","type":"post","link":"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/","title":{"rendered":"Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First"},"content":{"rendered":"

A crypto analyst has predicted that <\/span>Ethereum (ETH)<\/span><\/a>, the world\u2019s second-largest cryptocurrency will surge to new all-time highs around the $8,000 price mark. However, for Ethereum to reach this <\/span>ambitious price target<\/span><\/a>, the analyst emphasized that the cryptocurrency must fulfill certain key conditions.\u00a0<\/span><\/p>\n

Ethereum Road Map To $8,000 ATH<\/h2>\n

A crypto analyst identified as \u2018Bluntz\u2019 on X (formerly Twitter) has expressed bullish optimism for Ethereum\u2019s future outlook. The analyst <\/span>forecasted<\/span><\/a> that ETH could witness a <\/span>mega rally<\/span><\/a> to an $8,000 all-time high this market cycle.<\/span><\/p>\n

Related Reading: Bitcoin Forms Double Top Pattern On 4-Hour Chart, Analyst Reveals Targets<\/a><\/div>\n

Bluntz shared a video on June 8 via his official X account, highlighting key conditions Ethereum will have to overcome before it can reach a <\/span>new all-time high<\/span><\/a> around $8,000. The crypto analyst noted that ETH\/USD is presently near <\/span>recent lows<\/span><\/a>, as a result, Ethereum could be getting closer to its lowest point in this current bearish trend.\u00a0<\/span><\/p>\n

The analyst disclosed that it was highly unlikely that Ethereum would immediately start <\/span>surging upwards<\/span><\/a> from its current low point. He emphasized that the cryptocurrency will need to undergo <\/span>additional downward movement<\/span><\/a> before witnessing a surge to the $8,000 price target.\u00a0<\/span><\/p>\n

For Ethereum to begin its road map to the $8,000 all-time high, Bluntz believes that the cryptocurrency must \u201csweep $2,800, take out the low and reclaim it.\u201d After this, the analyst revealed that a three-wave corrective pattern, termed an \u201cABC,\u201d will be completed, potentially signaling the end of <\/span>Ethereum\u2019s downward trend<\/span><\/a> and the beginning of a substantial upward movement.\u00a0<\/span><\/p>\n

Bluntz also noted in his video that Ethereum\u2019s <\/span>ABC wave<\/span><\/a> correction will send the price of the cryptocurrency to $6,000 before pulling back and rallying again to a cyclic top of around $8,000. He expects <\/span>Ethereum to trade sideways<\/span><\/a> for a while, testing new lows before entering a recovery stage.\u00a0<\/span><\/p>\n

Analyst Asserts Ethereum\u2019s Biggest Gains Are Yet To Come<\/h2>\n

In his post, Bluntz confidently asserted that Ethereum has yet to experience its \u201cbig run\u201d in this market cycle. Although the cryptocurrency <\/span>surged to new highs<\/span><\/a> above $4,000 earlier this year, Bluntz and a few other crypto analysts have predicted more <\/span>bullish upsides<\/span><\/a> for the cryptocurrency.<\/span><\/p>\n

One of the primary reasons behind the market\u2019s optimism concerning <\/span>Ethereum\u2019s price outlook<\/span><\/a> is the upcoming launch of Spot Ethereum Exchange Traded Funds (ETFs). Bluntz disclosed in his video that the introduction of <\/span>Ethereum Spot ETFs<\/span><\/a> will likely trigger a substantial price increase for Ethereum.\u00a0<\/span><\/p>\n

Related Reading: Crypto Analyst Says Bitcoin Could Reach $100,000, But What About Altcoins?<\/a><\/div>\n

The analyst revealed that various crypto community members have engaged in a hot debate about the potential launch of the Ethereum ETF, expecting it to have a <\/span>positive impact on Ethereum\u2019s value<\/span><\/a>. However, contrary to belief, Bluntz anticipates a major ETH sell-off, emphasizing that the price of the cryptocurrency will likely drop following the launch of its ETF.\u00a0<\/span><\/p>\n

This initial sell-off phase could indicate the shakeout of weaker hands in the crypto market. Following this, Bluntz expects Ethereum to be \u201cbid up heavily,\u201d potentially driving the price upwards.\u00a0<\/span><\/p>\n

\"Ethereum
ETH price drops from local peak | Source: ETHUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

A crypto analyst has predicted that Ethereum (ETH), the world\u2019s second-largest cryptocurrency will surge to new all-time highs around the $8,000 price mark. However, for Ethereum to reach this ambitious price target, the analyst emphasized that the cryptocurrency must fulfill certain key conditions.\u00a0 Ethereum Road Map To $8,000 ATH A crypto analyst identified as \u2018Bluntz\u2019 on X (formerly Twitter) has expressed bullish optimism for Ethereum\u2019s future outlook. The analyst forecasted that ETH could witness a mega rally to an $8,000 all-time high this market cycle. Related Reading: Bitcoin Forms Double Top Pattern On 4-Hour Chart, Analyst Reveals Targets Bluntz shared a video on June 8 via his official X account, highlighting key conditions Ethereum will have to overcome before it can reach a new all-time high around $8,000. The crypto analyst noted that ETH\/USD is presently near recent lows, as a result, Ethereum could be getting closer to its lowest point in this current bearish trend.\u00a0 The analyst disclosed that it was highly unlikely that Ethereum would immediately start surging upwards from its current low point. He emphasized that the cryptocurrency will need to undergo additional downward movement before witnessing a surge to the $8,000 price target.\u00a0 For Ethereum to begin its road map to the $8,000 all-time high, Bluntz believes that the cryptocurrency must \u201csweep $2,800, take out the low and reclaim it.\u201d After this, the analyst revealed that a three-wave corrective pattern, termed an \u201cABC,\u201d will be completed, potentially signaling the end of Ethereum\u2019s downward trend and the beginning of a substantial upward movement.\u00a0 Bluntz also noted in his video that Ethereum\u2019s ABC wave correction will send the price of the cryptocurrency to $6,000 before pulling back and rallying again to a cyclic top of around $8,000. He expects Ethereum to trade sideways for a while, testing new lows before entering a recovery stage.\u00a0 Analyst Asserts Ethereum\u2019s Biggest Gains Are Yet To Come In his post, Bluntz confidently asserted that Ethereum has yet to experience its \u201cbig run\u201d in this market cycle. Although the cryptocurrency surged to new highs above $4,000 earlier this year, Bluntz and a few other crypto analysts have predicted more bullish upsides for the cryptocurrency. One of the primary reasons behind the market\u2019s optimism concerning Ethereum\u2019s price outlook is the upcoming launch of Spot Ethereum Exchange Traded Funds (ETFs). Bluntz disclosed in his video that the introduction of Ethereum Spot ETFs will likely trigger a substantial price increase for Ethereum.\u00a0 Related Reading: Crypto Analyst Says Bitcoin Could Reach $100,000, But What About Altcoins? The analyst revealed that various crypto community members have engaged in a hot debate about the potential launch of the Ethereum ETF, expecting it to have a positive impact on Ethereum\u2019s value. However, contrary to belief, Bluntz anticipates a major ETH sell-off, emphasizing that the price of the cryptocurrency will likely drop following the launch of its ETF.\u00a0 This initial sell-off phase could indicate the shakeout of weaker hands in the crypto market. Following this, Bluntz expects Ethereum to be \u201cbid up heavily,\u201d potentially driving the price upwards.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":629298,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[167,6664,26263,14690,8323,89213,16163,1946,7931,6931,8686,78803],"class_list":["post-629285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-eth","tag-eth-news","tag-eth-price","tag-ethereum","tag-ethereum-news","tag-ethereum-price","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\nAnalyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First<\/title>\n<meta name=\"description\" content=\"A crypto analyst has predicted that Ethereum (ETH), the world\u2019s second-largest cryptocurrency will surge to new all-time highs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First\" \/>\n<meta property=\"og:description\" content=\"A crypto analyst has predicted that Ethereum (ETH), the world\u2019s second-largest cryptocurrency will surge to new all-time highs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-12T06:00:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-11T18:50:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/07\/Ethereum.jpeg?fit=1792%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/www.uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First\",\"datePublished\":\"2024-07-12T06:00:55+00:00\",\"dateModified\":\"2024-07-11T18:50:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/\"},\"wordCount\":543,\"publisher\":{\"@id\":\"https:\/\/www.uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/07\/Ethereum.jpeg?fit=1792%2C1024\",\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"ETH\",\"ETH news\",\"eth price\",\"ethereum\",\"ethereum news\",\"ethereum price\",\"ethusd\",\"ETHUSDT\"],\"articleSection\":[\"Ethereum\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/\",\"url\":\"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/\",\"name\":\"Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First\",\"isPartOf\":{\"@id\":\"https:\/\/www.uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/07\/Ethereum.jpeg?fit=1792%2C1024\",\"datePublished\":\"2024-07-12T06:00:55+00:00\",\"dateModified\":\"2024-07-11T18:50:36+00:00\",\"description\":\"A crypto analyst has predicted that Ethereum (ETH), the world\u2019s second-largest cryptocurrency will surge to new all-time highs.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/#primaryimage\",\"url\":\"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/07\/Ethereum.jpeg?fit=1792%2C1024\",\"contentUrl\":\"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/07\/Ethereum.jpeg?fit=1792%2C1024\",\"width\":1792,\"height\":1024,\"caption\":\"Ethereum\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.uniquehot.com\/#website\",\"url\":\"https:\/\/www.uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/www.uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/www.uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/www.uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/www.uniquehot.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First","description":"A crypto analyst has predicted that Ethereum (ETH), the world\u2019s second-largest cryptocurrency will surge to new all-time highs.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/","og_locale":"en_US","og_type":"article","og_title":"Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First","og_description":"A crypto analyst has predicted that Ethereum (ETH), the world\u2019s second-largest cryptocurrency will surge to new all-time highs.","og_url":"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-07-12T06:00:55+00:00","article_modified_time":"2024-07-11T18:50:36+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/07\/Ethereum.jpeg?fit=1792%2C1024","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/#article","isPartOf":{"@id":"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/www.uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First","datePublished":"2024-07-12T06:00:55+00:00","dateModified":"2024-07-11T18:50:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/"},"wordCount":543,"publisher":{"@id":"https:\/\/www.uniquehot.com\/#organization"},"image":{"@id":"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/#primaryimage"},"thumbnailUrl":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/07\/Ethereum.jpeg?fit=1792%2C1024","keywords":["analyst","crypto","crypto analyst","crypto news","ETH","ETH news","eth price","ethereum","ethereum news","ethereum price","ethusd","ETHUSDT"],"articleSection":["Ethereum"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/www.uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/","url":"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/","name":"Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First","isPartOf":{"@id":"https:\/\/www.uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/#primaryimage"},"image":{"@id":"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/#primaryimage"},"thumbnailUrl":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/07\/Ethereum.jpeg?fit=1792%2C1024","datePublished":"2024-07-12T06:00:55+00:00","dateModified":"2024-07-11T18:50:36+00:00","description":"A crypto analyst has predicted that Ethereum (ETH), the world\u2019s second-largest cryptocurrency will surge to new all-time highs.","breadcrumb":{"@id":"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/#primaryimage","url":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/07\/Ethereum.jpeg?fit=1792%2C1024","contentUrl":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/07\/Ethereum.jpeg?fit=1792%2C1024","width":1792,"height":1024,"caption":"Ethereum"},{"@type":"BreadcrumbList","@id":"https:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First"}]},{"@type":"WebSite","@id":"https:\/\/www.uniquehot.com\/#website","url":"https:\/\/www.uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/www.uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/www.uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/www.uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/www.uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/www.uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First","url":"http:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.uniquehot.com\/news\/ethereum\/ethereum-will-reach-8000\/"},"thumbnailUrl":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/07\/Ethereum.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/07\/Ethereum.jpeg?fit=1792%2C1024"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","eth","eth news","eth price","ethereum","ethereum news","ethereum price","ethusd","ethusdt"],"dateCreated":"2024-07-12T06:00:55Z","datePublished":"2024-07-12T06:00:55Z","dateModified":"2024-07-12T06:00:55Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First\",\"url\":\"http:\\\/\\\/www.uniquehot.com\\\/news\\\/ethereum\\\/ethereum-will-reach-8000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.uniquehot.com\\\/news\\\/ethereum\\\/ethereum-will-reach-8000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Ethereum.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Ethereum.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"eth\",\"eth news\",\"eth price\",\"ethereum\",\"ethereum news\",\"ethereum price\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2024-07-12T06:00:55Z\",\"datePublished\":\"2024-07-12T06:00:55Z\",\"dateModified\":\"2024-07-12T06:00:55Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/07\/Ethereum.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/posts\/629285"}],"collection":[{"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/comments?post=629285"}],"version-history":[{"count":0,"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/posts\/629285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/media\/629298"}],"wp:attachment":[{"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/media?parent=629285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/categories?post=629285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/tags?post=629285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}