Crypto Expert Predicts Ethereum Surge to $5,000 as Bitcoin Leads December Rally

A crypto analyst predicts Ethereum is on the verge of a major breakout, with conditions aligning for a rally to unprecedented heights.

Justin Bennett, a prominent figure in the crypto space, recently shared that Ethereum could soon reclaim the $4,000 mark as a critical support level. He suggests that Bitcoin’s recent upward momentum might lead traders to shift profits into Ethereum, boosting its price further.

Bennett points to Ethereum’s struggle at $4,000 due to technical resistance, but he believes a breakthrough could propel it towards $4,800 or even $5,500. According to him, “Bitcoin has dominated December so far, but it’s likely we’ll see some of those gains rotate into Ethereum. Clearing $4,000-$4,100 would set the stage for a run to new all-time highs.”

At present, Ethereum trades around $3,873, but Bennett expects both Bitcoin and Ethereum to outperform the broader market for the rest of December. He argues that focusing on these leading assets makes the most sense right now, with altcoins likely to follow only after significant moves in BTC and ETH.

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On Bitcoin, Bennett describes its current rally as “full Santa Claus mode,” fueled by speculation about its potential role as a U.S. reserve asset under Trump. He predicts BTC could surge to $116,000 or even $125,000 before the year ends, with pullbacks becoming increasingly rare during this period of heightened market activity.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.