With many assets in the cryptocurrency market still trying to chase away the bears, Fundstrat chief investment officer Tom Lee is optimistic about at least one of them – Ethereum (ETH) – for which he predicts a whopping $12,000 price by the end of this year.

Specifically, the prominent Ethereum supporter and chairman of BitMine Immersion Technologies has recently said that Ethereum is looking at $5,500 in the next couple of weeks, and as much as $10,000 to $12,000 by the year’s turn, in an interview posted on X on August 26.

Ethereum price prediction 2025

As it happens, according to Lee, historical market trends are bullish for the second-largest crypto asset by market capitalization, and “most of the movement in crypto happens in the fourth quarter,” as he told the interviewer, Amit Kukreja, adding that:

“Of course, as you know, September is the month that everyone is going to be worried about because that’s the month you might get a pullback, but you need to be buying that dip.”

At the same time, crypto market analyst Willy Woo observed that capital has been rotating from Bitcoin (BTC) and into Ethereum, with the latest climb in flows starting when BitMine started its accumulation of the original altcoin to become the world’s largest ETH treasury, holding over 1.7 million ETH.

Is Ethereum a good investment?

Meanwhile, pseudonymous crypto trading expert Egrag Crypto noted that Bitcoin dominance was on the verge of a major shift, where a single technical line could suggest the beginning of a much-anticipated altcoin season 2025, where Ethereum, as the largest altcoin in the industry, would benefit the most.

At the same time, Ethereum-based spot exchange-traded funds (ETFs) have seen major daily inflows ranging from $444 million to $729 million, surpassing Bitcoin ETFs for the second time within the same week, according to recent financial data.

More recently, CME Ether futures open interest reached a record $10 billion, indicating renewed institutional participation, and aligning with the rise of spot and futures-based ETH ETFs, which suggests that many different categories of investors believe that Ethereum is, indeed, a good investment.

How high will Ethereum go?

Earlier, professional crypto trader Ali Martinez noticed that whales had bought more than 400,000 ETH during the August dip, bringing the total supply purchased to 29.43 million ETH as of August 19, with charts at the time hinting at a $5,500+ price target, which is in line with Lee’s predictions.

Currently, Ethereum is trading at the price of $4,594.50, which indicates a 0.36% dip in the last 24 hours, but nonetheless an increase of 7.23% across the previous seven days, and an accumulated gain of 19.11% on its monthly chart, according to the latest data retrieved on August 28.

All things considered, Ethereum could be looking at a new all-time high (ATH) this year, especially if the altseason does begin soon and interest coming from both institutional and retail investors continues to attract capital to the popular crypto token.