Should I Buy Ethereum (ETH)? Finance YouTuber Analysis

The analyst expects Ethereum to continue its bearish trend, reaching a final buying zone between $560 and $1169 by September-November. This is based on cyclical analysis, RSI divergence, ADX indicators, Ichimoku Clouds, and the historical correlation with Zcash and the DXY. They anticipate a strong dollar will further depress crypto prices, making this range an opportune time to accumulate for the next bull market.

“Unser Ziel für diese Bewegung ist auf der Oberkante des 764er Fibonacci bei 1169$ und auf der Unterkante des 887er bei 560. Das ist unsere finale Zielzone. Innerhalb dieser finalen Zielzone werden wir wieder Positionen aufbauen.”

The analyst believes Ethereum has not yet bottomed out and expects further downside in the coming months, potentially reaching new lows by Q3/Q4. This is supported by cyclical analysis showing an anomaly where the market moved contrary to the cycle, indicating a stronger downward impulse, as well as bearish signals from RSI, ADX, and Ichimoku Clouds. They also cite the expected strengthening of the US Dollar Index (DXY) as a negative catalyst for crypto prices.

“Wir gehen aktuell nach aktuellem Stand nicht davon aus, dass wir jetzt schon im Bereich um die 1500 1400 das Tief sehen.”

This creator sees Ethereum as a leader in the smart contract industry, contributing to a projected $28 trillion total market for cryptocurrencies and smart contracts by 2030. Its valuation is increasingly shifting towards a monetary premium, similar to Bitcoin, indicating its growing status as a store of value within the digital asset ecosystem.

“And on the other hand, we also think that part of that ultimate 28 trillion target uh is going to come out of uh the market cap capitalization of the smart contract cohort led by Ethereum and Solana.”

Wood identifies Ether as one of the 'big three' winners in the evolving crypto ecosystem, alongside Bitcoin and Solana. She implies a positive outlook on its future as a key player in the new technological layer of the internet, capable of handling agentic commerce.

“It won't be of course just Bitcoin, it'll be Ether importantly, Ether, Solana, maybe hyperliquid, we shall see, but what's interesting about this period is the big three have been identified and those are Bitcoin, Ether and Solana.”

Tom Lee argues that Ethereum could 'flip' Bitcoin in market cap, similar to how Wall Street and equities surpassed gold post-1971. He believes Ethereum will benefit from the tokenization of real-world assets and the innovation of Wall Street on its smart contract platform. Bitmine, as a digital asset treasury, aims to provide permanent capital and liquidity to the Ethereum network, helping bridge traditional finance with DeFi.

“So digital gold is Bitcoin. And so in that world, we believe Ethereum could flip Bitcoin similar to how Wall Street and equities flipped gold um post 71.”

Tom Lee argues that Ethereum is poised to 'flip' Bitcoin in market capitalization, similar to how equities surpassed gold after 1971. He believes Ethereum will become the dominant platform for tokenized real-world assets and financial innovation, especially with increasing regulatory clarity and Wall Street adoption. The network's neutrality and 100% uptime make it ideal for building future financial systems.

“We believe Ethereum could flip Bitcoin similar to how Wall Street and equities flipped gold post 71.”

The Dencun upgrade (EIP 4844) significantly reduces transaction costs and increases throughput for Layer 2 solutions on Ethereum. This is a crucial step in Ethereum's long-term scaling roadmap, making the network more efficient and cheaper for end-users, which is expected to drive adoption and utility.

“the Denon upgrade was particularly important for these Slayer twos because they were going to I mean they did decrease the the transaction cost for users transaction on on these on these layer twos so hopefully this is the state this is the first stage of a very Broad and long ethereum scaling road map”

Ellie suggests that Ethereum, despite current transactional capacity limitations, is poised for new business models due to innovations in scaling solutions. This evolution from 2G to 3G-like advancements will enable more efficient and transactional applications, attracting diverse entrepreneurs and developers.

“when you move away from like 2G to 3G to 4G so from like dialog to bandwidth you can have new business models that wouldn't be possible the DI up era of the 1990s and that's how we're going to see now more and more business models”

This creator considers Ether, alongside Bitcoin, as a 'flight to safety' asset, noting its rally during the Regional Bank crisis. They suggest that both cryptocurrencies are increasingly perceived as safe havens in uncertain economic environments.

“we have found it very interesting that Bitcoin and crypto generally rallied in the face of a crisis the Regional Bank crisis uh and that that was proof positive to us at least that uh that crypto and especially Bitcoin and and to some extent ether um have become flight to safety Vehicles much like gold”

Cathie Wood observes that Ether, like Bitcoin, acted as a flight to safety during the banking crisis, rising 51%. She interprets this as a sign of increasing adoption and acceptance, positioning it as a key asset in a transforming global economy driven by innovation.

“ether has has gone up 51 from 1370 to 2076.”

The speaker expresses strong optimism for Ethereum, particularly due to technological advancements like Layer 2 solutions and account abstraction, which are expected to significantly improve user experience and drive mainstream adoption. They anticipate a 'dial-up to broadband' moment for Ethereum, leading to hundreds of millions of users. The upcoming staking de-risking event is also seen as a major catalyst, potentially positioning staked ETH as a risk-minimized yield asset comparable to the treasuries market.

“I think that um the innovations in layer twos and account abstraction in particular as a framework for usability is going to mean that users are going to be able to download software-based wallets transact directly natively without having to understand much without having to go buy a crypto commodity in order to pay gas fees they're going to be able to use stable coins natively.”

This creator is bullish on Ethereum, citing its successful transition to proof-of-stake as a significant positive development. They believe public blockchains like Ethereum are crucial for facilitating financial services and contracts outside traditional institutions, and that the underlying technology is resilient despite market turmoil.

“some some positive notes including ethereum successful transition to proof of stake after years of anticipation”

Cathie Wood highlights Ethereum's blockchain as a robust system that has not experienced any interruptions during recent financial turmoil. She sees this as validation for decentralized and transparent financial networks, which she believes will form the basis of future digital wallets.

“if you think about it first of all just think about crypto um the Bitcoin blockchain and ethereum those two blockchains have not skipped a beat there have been no transactions interrupted”

This creator is confident in Ethereum's future, noting that the Merge has led to deflation in the number of Ether, making it a robust asset. They project smart contract fees, which include DeFi and NFTs, to grow from $11 billion last year to $450 billion by 2030.

“ether I think has just moved into a decline in ether that's a that's quite that's quite a robust statement right there and we do see smart contracts fees generated by smart contracts moving from 11 billion so nascent last year with defy a part of it nfts as well 11 billion last year to 450 billion by 2030.”

The speaker suggests that Ethereum, like Bitcoin, has shown resilience despite market turmoil. They believe that the core case for Ethereum remains strong, and that the current market conditions present a 'get rich slow' opportunity, with the asset having proven its robustness through multiple cycles.

“I think the case for Bitcoin and ethereum it's it's not the same it's actually quite a bit stronger than it's ever been and that um you know the that they are truly good get rich slow schemes.”

This creator observes that Ether has shown significant outperformance relative to Bitcoin, especially in the last month, indicating a shift from risk-off to risk-on sentiment. This strength is attributed to progress on the network's transition to proof-of-stake (the Merge) and changes to its tokenomics, which are seen as net bullish for the crypto ecosystem.

“so seeing the strength is net bullish for crypto as a whole”

This creator believes Ethereum and its native currency Ether have significant value accrual potential due to their role in decentralized finance (DeFi). They argue that DeFi is driving a financial revolution by offering more transparent, efficient, and inclusive financial services, with Ethereum as the underlying public blockchain. The platform's ability to support smart contracts and its growing ecosystem position it to capture a significant share of the global financial services market.

“Ultimately as we see more and more use cases especially financial services functions being deployed on chain we expect revenue and subsequent market cap to accrue to the underlying blockchain Ethereum and its native currency Ether.”

Cathie Wood includes Ether as part of the 'money revolution' alongside Bitcoin, acknowledging its role in the evolving decentralized monetary system. While not as emphasized as Bitcoin, it's presented as a key player in the future of finance.

“Bitcoin and ether to some extent but Bitcoin surely it is the most secure network out there is the first and each one of these words is really important the first global private decentralized monetary system ever invented and it is going to have profound ramifications.”

Cathie Wood points to Ether's role, alongside Bitcoin, in demonstrating the value of crypto networks as neutral technology platforms. She notes its use in donations to Ukraine, showcasing its practical application during times of crisis.

“the crypto networks are are proving their worth as a neutral technology platform uh the we're seeing donations of both bitcoin and uh ether to to the ukraine”

Cathie Wood suggests that cryptocurrencies like Ether offer significant diversification benefits due to their extremely low correlation with other asset classes over a full market cycle. She views crypto as a multi-faceted revolution encompassing money, finance, and the next-generation internet/metaverse, indicating long-term growth potential despite recent corrections.

“over a full market cycle the correlations the correlation between crypto assets and any other asset is extremely low which means for diversification purposes crypto is a very interesting asset.”

Cathie Wood highlights the DeFi space within the Ethereum world as solving the problem of low yields in traditional cash and bonds. She notes that DeFi offers 3-4% yields, attracting younger investors despite perceived risks.

“We're also seeing DeFi in the Ethereum world solve problems, the problem that other people have is they can't find enough yield in cash and bonds and so forth and so the DeFi space is providing three to four percent yields where no other place is.”

Elon Musk mentions owning Ethereum personally, alongside Bitcoin and Dogecoin. He suggests that Ethereum, like Bitcoin, could scale to handle a vast number of transactions with a layer two system, indicating a belief in its long-term potential.

“I do own bitcoin and tesla owns bitcoin spacex and bitcoin and I do personally I want to go to ethereum and dogecoin of course”

Cathie Wood expresses concern that proposed taxes on cryptocurrencies, particularly those aimed at funding the infrastructure bill, would significantly harm the evolution of decentralized finance (DeFi), which is primarily based on the Ethereum network. She believes such regulation could drive technology and innovation away from the US.

“we worry that our legislators could with an act like this chase away technology from our shores already the U.S. has had a terrible reputation in terms of regulation around crypto crypto assets.”

The YouTuber includes Ethereum as a speculative bet, noting that it hosts roughly 65% of tokenized assets. While acknowledging institutional preference for permissioned versions, they suggest Ethereum could win if it becomes the dominant settlement layer. However, they express lower conviction due to the uncertainty of this outcome.

“Ethereum hosts roughly 65% of the tokenized assets.”

The YouTuber is using the current market opportunity to add exposure to Ethereum, citing the doubling of stablecoin payments from last year and the early stages of the tokenization era, which he believes will drive Ethereum much higher.

“But I'm using this opportunity to add exposure to Ethereum. We saw stable coin payments double from last year, and we're still only getting started on that era of tokenization that going to take Ethereum much higher.”

The YouTuber is buying more Ethereum on its current sell-off, noting its 25% drop over the last month. He believes Ethereum is a backbone of the digital payments infrastructure, citing a 126% increase in stablecoin payments over the last year, with Ethereum handling more than half of that volume.

“Between the Eyesshares Ethereum Trust ticker ETHA and the Grayscale Mini Trust ETH, I have more than $675,000 in Ethereum and I'm buying more on this. That's because nation, we are seeing a new era in digital payments with stable coin payments surging after passage of the Genius Act.”

The YouTuber identifies Ethereum (ETH) as his favorite currency hedge, noting its recent 20% gain. He believes it is set to benefit from the coming age of stablecoins and tokenization, in addition to its role as a hedge against the erosion of trust in central banks and fiat currencies.

“Now, my favorite here is Ethereum, which besides some status as a currency hedge, is set to benefit from that age of stable coins and tokenization coming.”

Joseph Hogue recommends buying the Grayscale Ethereum Mini Trust, citing the weakening dollar due to inflation and the growing demand for digital currency alternatives from major institutions like JP Morgan and Walmart. He highlights favorable government policies towards cryptocurrencies, particularly the Genius Act, which mandates stablecoin issuers to invest in US treasury bills, potentially lowering interest rates. Ethereum serves as the foundational infrastructure for stablecoins, with significant portions of USDC and Tether built on its network, indicating strong underlying utility and adoption.

“We've been buying the ETF and into this theme since early July when it was just $24. And the big picture, this top down forces I'm going to show you how to find in this video means this one has a lot further to go.”

The YouTuber recommends investing in the Ethereum Mini Trust as an alternative to Circle Internet Group, especially if a new era of stablecoins emerges. He notes it's up 77% since he started recommending it.

“And if that's the case, if we do see that new era of stable coins, why not just invest as I've been doing with the Ethereum Mini Trust, the ticker ETH up 77% since I started recommending it on June 30th.”

The YouTuber is 'still loading up' on ETH, believing Ethereum is the infrastructure for stablecoins, which are gaining traction with major companies. Prediction markets show strong odds of Ethereum hitting an all-time high by year-end, potentially sparking a FOMO moment.

“And I'm still loading up on that ETH, but also playing it with an option strategy I showed you how to do last month.”

The YouTuber recommends the Grayscale Ethereum Trust, arguing that Ethereum is the foundational backbone for the emerging tokenized world and digitized finance. Major financial institutions are building platforms on Ethereum, and it serves as the infrastructure for stablecoins, indicating significant long-term growth potential.

“Tokenizing an asset just means breaking up the ownership into pieces and selling rights to that through cryptocurrencies. And if that sounds just a little familiar, it's because it's almost identical to the way that stocks work.”

The YouTuber identifies Ethereum as a "guaranteed winner" in the stablecoin regulation theme, dominating the market as the infrastructure for stablecoins. The rationale is tied to the potential for stablecoin growth to $3 trillion by 2030, driven by bipartisan support for regulation and the government's need for Treasury buyers.

“But I'm going with a guaranteed winner here, Ethereum, which dominates the market as the infrastructure that makes all this possible.”

The YouTuber advises against keeping Ethereum on Coinbase, citing the platform's updated risk disclosure that could jeopardize customer assets in the event of bankruptcy. He has moved his Ethereum to another platform for safety.

“I transferred almost 75 000 in bitcoin and ethereum I still had in coinbase over to my block fi account.”

The YouTuber is highly optimistic about Ethereum, stating it's his top investment due to its intrinsic value derived from blockchain technology applications. He argues that Ethereum's platform has a massive lead in developer adoption and enterprise integration, which will drive demand and price as blockchain replaces traditional financial services. He cites Ark Invest's prediction of a 56x surge in market cap and other analysts' price targets, emphasizing its potential to outperform Bitcoin and traditional investments.

“I'm going to come right out and say it, yes, we worked through that reasonable evaluation on Bitcoin finding it could 10 times your money and I believe Ethereum can do even better.”

The YouTuber expresses high conviction in Ethereum and other cryptocurrencies, stating it's a new asset class that is not going away and will beat stocks for returns. He notes Ethereum was up over 300% last year and recommends diversifying a portfolio with Bitcoin, Ethereum, and smaller altcoins.

“bitcoin was up more than 74 last year even after the sell-off and ethereum where i have most of my crypto was up 300 over the year now i do not want to imply that you can make a hundred percent on your money every year but but this is a new asset class it's not going away and there is no doubt in my mind it will beat stocks for those returns”

The YouTuber advises buying Ethereum as part of a diversified crypto portfolio. He suggests that along with Bitcoin, investors should consider Ethereum and other altcoins to capitalize on the growth of the cryptocurrency market.

“and you can buy crypto in any amount and i recommend buying some bitcoin ethereum and maybe a few of the smaller alt coins in your portfolio as well”

The YouTuber suggests buying Ethereum, noting that 'super whales' are aggressively accumulating ETH despite a recent price drop. This accumulation is attributed to anticipation of the 'Fusaka' update, which aims to significantly improve transaction fees and scalability, laying the groundwork for future growth. While acknowledging increased competition and a maturing market, the long-term technological advancements make it an attractive buy for large investors.

“mientras la mayoría vende, los más grandes están comprando a manos llenas.”

The YouTuber predicts Ethereum will reach $15,000, urging viewers to note this potential opportunity. He advises consistent small purchases to build a position.

“Ethereum and Bitcoin respectively are going to go to 15,000 and Bitcoin is going to go to 150,000, 200K, and 300K.”

The YouTuber recommends buying Ethereum, stating it is poised for a significant run similar to Bitcoin's previous surge. He believes it will reach $15,000, comparing its current position to where Bitcoin was before its major price increase. He advises adding it to a diversified portfolio.

“Ethereum hasn't had the run that Bitcoin has had. So, if you feel like you missed Bitcoin, feel like you don't want to pay 100K. All right. Well, this is at 4,000. These are the same prices Bitcoin was at. Okay. This too is going to run up to 15,000 from here. Let me know if that's understood. So buy this, okay?”

The YouTuber is holding his Ethereum position, applying a contrarian strategy to crypto where traditional valuation metrics are absent. He buys when sentiment is depressed and sells when it's euphoric. Currently, he perceives the market as being 'somewhere in the middle' after being rejected from its all-time high, indicating it's not yet time to sell, and he anticipates new all-time highs.

“Right now, we are somewhere in the middle. There is excitement, but we are not at peak FOMO. So, for now, I'm holding my position and waiting patiently for the market to go crazy.”

While not personally as enthusiastic about Ethereum's blockchain technology due to perceived slowness and high fees, the YouTuber acknowledges a strong bullish narrative forming around it, attracting significant institutional interest. He would consider buying if Ethereum manages to sustain its price above current resistance levels for a few weeks, indicating a potential breakout to new all-time highs.

“müsste man sehen dass Etherum tatsächlich hier meiner Ansicht nach ein paar Wochen, also zi d Wochen oder sowas schafft über dieser Resistance zu bleiben. wenn das nicht passiert, also wenn man das nicht schafft, sondern genau wie hier, man sieht ein paar Tage und dann fällt es halt wieder runter, dann weiß man spätestens, wenn man hier wieder drunter ist, okay, das war's.”

The investor maintains a target allocation of 15-20% of his crypto portfolio in Ethereum, alongside Bitcoin. He adjusts his manual entries based on performance, aiming to keep the ratio within this range, indicating a continuous accumulation strategy.

“di base però sto cercando sempre di di rimanere in un margine 15-20 ethereum 80% Bitcoin in questo momento”

The YouTuber suggests that if an Ethereum ETF is approved by the SEC, it would be a bullish sign for Ethereum and the broader crypto market. This approval would likely lead to significant inflows of capital, similar to the impact of Bitcoin ETFs, and could pave the way for ETFs for other cryptocurrencies, creating a 'waterfall' effect of investment into the ecosystem.

“if it is approved that would absolutely be a bullish sign for coinbase and for crypto values in general”

The YouTuber expresses a bearish outlook on Ethereum, arguing that its current transaction speed is too slow compared to competitors like Solana, making it unsuitable as a transaction tool. While acknowledging its potential as a store of value or through future scaling upgrades, he believes there are better blockchains for productive use in the digital economy and sees too many unanswered questions regarding its future utility.

“I've become a lot less bullish on ethereum generally over the last six months or so... I don't think there's an easy path forward and I think there are simply better cryptocurrencies and better blockchains out there for doing productive things in a digital economy.”

The YouTuber suggests avoiding Ethereum in the short term due to several factors post-Merge. These include 'buy the rumor, sell the news' trading dynamics, selling pressure from former proof-of-work miners, and rising interest rates making other yield-generating assets more attractive. He also notes increasing competition from other blockchains like Solana.

“I don't see anything changing anytime very soon. The hype about the merge is gone...”

The analyst suggests avoiding Ethereum for long-term investment, arguing that its upcoming 'Merge' upgrade will not address its fundamental issues of low transaction speed and high costs, which are critical for widespread adoption, especially for low-cost NFTs. He believes Ethereum will face headwinds as the market shifts towards more efficient and cheaper blockchain solutions.

“I think it's headed toward these lower cost nfts and greater utility from each nft and that's really where I think ethereum is going to hit headwinds.”