Ethereum Could Bottom at $4,300 in Next Few Hours Before Rallying Toward $5,450, Says Analyst

Highlights:

• Newton expects Ethereum to bottom near $4,300 before rebounding toward $5,400–$5,450 resistance levels.
• He doubts ETH will break its trend or fall below $4,067 support level.
• BitMine boosts holdings to 1.72M ETH, total crypto reserves reach $8.8B.

Mark Newton, Managing Director and Head of Technical Strategy at Fundstrat Global Advisors, mentioned in a note circulated by Thomas “Tom” Lee that Ethereum could soon reach its bottom within the next few hours. Newton described ETH as a strong risk/reward opportunity. He added that he was doubtful the coin would break its trend or fall below last week’s low of $4,067.

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He further explained that Ethereum could bottom near $4,300 within the next 12 hours before starting a recovery. From there, Newton expects it to push toward new highs, first breaking $5,100 and potentially reaching between $5,400 and $5,450. “ETH is a very good risk/reward here. I am highly skeptical it breaks this trend nor breaks 4,067 from 8/18. THAT’S what’s required to think a bullish stance near-term is wrong,” he noted.

Mark ⁦@MarkNewtonCMT⁩ again at it.

➡️Calling ETH bottom to happen in next few hours

⁦@fs_insight⁩ ⁦@FundstratCap⁩

Tickers: $BMNR $GRNY pic.twitter.com/038efU7cZH

— Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) August 26, 2025

At press time, Ethereum was trading at 4,433, showing a drop of over 5.4% in the last 24 hours. The decline came during a broader market correction that also dragged Bitcoin below $110,000. According to CoinMarketCap data, the leading cryptocurrency was last seen trading around $109,985.

Bitfinex Says Altcoin Rally Unlikely Until Wider Crypto ETFs Arrive

Bitfinex analysts said altcoins may not see a broad rally until wider crypto ETFs are introduced. They added that a “‘rising tide lifts all boats’ environment” is unlikely before stronger Bitcoin inflows and new altcoin investment products arrive later this year. They further noted that such products could bring consistent, price-agnostic demand, setting the stage for a broader revaluation across the digital asset market.

BitMine Expands Ether Holdings

Meanwhile, BitMine Immersion Technologies continued its heavy buying of Ether, taking advantage of Tuesday’s dip with 4,871 ETH worth $21.3 million, as per Arkham Intelligence. With this recent acquisition, the company’s overall Ether stash has climbed to 1.72 million ETH. Based on current market values, the holdings are now worth close to $7.5 billion.

On Monday, BitMine revealed that it boosted its crypto and cash holdings by $2.2 billion, reaching a total of $8.8 billion. The company added more than 190,500 tokens during the past week. Its combined crypto and cash net asset value per share also rose to $39.84, compared to $22.84 at the end of July.

🚨BREAKING:

BITMINE BOUGHT 190,526 $ETH ($883M) LAST WEEK, NOW HOLDING 1,713,899 $ETH ($7.94B). pic.twitter.com/o3lOWbMIv4

— CryptoGoos (@crypto_goos) August 25, 2025

According to StrategyEthReserve, BitMine dominates the Ether treasury market, holding 40% of the total 4.3 million ETH owned by corporate entities. At the same time, Michael Saylor’s Strategy, the world’s largest crypto treasury firm, continued its buying spree. On Monday, it added 3,081 BTC worth $357 million, paying an average of $115,829 per Bitcoin.

BitMine Immersion’s shares (NYSE American: BMNR) have become highly liquid, with $2.8 an average daily trading volume last week. BMNR is now the twentieth most liquid US stock, just behind Coinbase and ahead of JPMorgan and Palo Alto Networks. This rise highlights investor interest in its large crypto treasury strategy.

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