Analyst Says Ethereum Bounce Is Imminent As BitMine Continues To Accumulate
September 23, 2025 · 6:00 AM
Ethereum (ETH) is currently trying to maintain support around the $4,100 level after a significant market downturn that saw its price drop nearly 7%, leading to approximately $500 million in liquidations. This event marked the largest nominal liquidation for Ethereum since 2021. Analysts suggest that if ETH can hold this support, it may rebound, potentially targeting a price of $10,000 based on historical patterns.
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