The post Analyst Predicts Ethereum Price to $12K After Major Breakout Amid Eric Trump’s Warning to Short Sellers appeared on BitcoinEthereumNews.com.

Ethereum has broken free from a long period of consolidation, igniting renewed bullish narrative across the market. Currently trading at $4,191.02 after a 5.84% daily gain, Ethereum is seeing heavy institutional interest, including BlackRock’s recent purchase. Eric Trump has publicly warned bears to stop betting against Bitcoin and Ethereum, further boosting sentiment. With this backdrop, analysts like Captain Faibik are forecasting a run towards $12000 in the next cycle. Is Ethereum Price to $12K Next As Investors Weigh Sell or Hold Ethereum’s price action confirms a decisive breakout from a multi-year symmetrical wedge, ending a prolonged consolidation phase. The long-term chart shows a resounding bullish move beyond the resistance level and the bulls are now aiming at $12,000 according to market analyst Captain Faibik.  This analysis draws from historical setups where similar breakouts triggered significant rallies. But even then a small correction may be followed up immediately.  Thus, it will be important to maintain the reclaimed support to carry through to maintain momentum. Overall, the breakout has shifted sentiment firmly in favor of the bulls. The rally is supported by strong volume of buying and steady higher highs which are indicative of trader confidence. The bullish formation is also suitable with a positive market arrangement regarding long-term gains.  ETH/USD 15-Day Chart (Source: X/Captain Faibik) As earlier reported by Coingape, Wall Street analyst Tom Lee has set a $16,000 target for Ethereum, citing similarities to Bitcoin’s 2017 rally. His analysis, combined with Captain Faibik’s $12,000 target, places both forecasts in the same bullish range projection.  As such, such targets can still be achievable in the present market cycle, as institutional players come into play. This technicals/sentiment confluence is a bullish indicator for Ethereum price prediction. Will BlackRock’s Accumulation And Eric Trump’s Bullish Warning Fuel Rally Past $10K? BlackRock’s acquisition of over…

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Filed under: News - @ August 9, 2025 6:21 pm