Ethereum Price Prediction to $7K Amid Dropping ETH Balances on Exchanges
The post Ethereum Price Prediction to $7K Amid Dropping ETH Balances on Exchanges appeared on BitcoinEthereumNews.com.
Key Insights: A recent Ethereum price prediction pointed to a possible rally toward $7,00 if an inverse head and shoulder pattern is successful. Exchange balances fell to record lows, while institutions were estimated to control about 11% of the total supply. Ethereum reached the 2021 high in August when it briefly touched $4,945 as its market value neared $600 billion. Then, the exchange balances fell to record lows, pointing to a tightening supply. A recent Ethereum price prediction pointed to a possible rally toward $7,000, a strong uptick that’s dependent on the success of a massive inverse head-and-shoulders pattern. The setup suggests growing strength beneath the surface, even if price action remains cautious in the short term. At the same time, on-chain data painted a supportive picture. Exchange balances fell to record lows, while institutions were estimated to control about 11% of the total supply. This shift signals tighter liquid supply and stronger hands accumulating over time. However, other parts of the ecosystem continue to tell a different story. NFT sales have collapsed by roughly 87%, and retail participation remains largely absent. Payment activity tied to consumer use has also stayed muted. Taken together, the data suggested a clear transition for Ethereum (ETH) which appears to be maturing into core digital infrastructure. Yet, it no longer carries the cultural momentum that once drew retail traders, NFT creators, and everyday users into the network. Setup Eyes Ethereum Price Prediction of $7,000 The latest expert Ethereum price prediction by Bitcoin Consensus, a popular crypto pundit on X notes Ethereum is beginning to trace out a familiar long-term structure on the chart. What stands out is a broad inverse head-and-shoulders pattern that has taken years to develop. This type of formation is usually seen after extended bear phases, when selling pressure starts to…
Filed under: News - @ December 25, 2025 3:50 am