Tom Lee predicts ETH price to increase 54 times as the company invests $40 million into Wall Street.

The price of Ethereum (ETH) has been stagnant for the past few weeks, but according to Fundstrat's Tom Lee, this could be the precursor to a major bullish run for this altcoin.

The company has released an analysis based on the Wyckoff principle, showing that prolonged consolidation phases often lead to strong breakouts after surpassing resistance levels.

Recently, ETH may be repeating a pattern that has appeared in previous cycles, where a prolonged price base has led to massive increases. If this scenario comes to fruition, Fundstrat predicts that ETH could increase by up to 54 times.

Long-term ETH consolidation could trigger a 54X bullish rally

In the past 10 days, the price of ETH has cooled down, but the overall structure remains bullish. Tom Lee's Fundstrat shared a chart highlighting the Wyckoff principle:

The larger the base, the stronger the breakout.

This means that long consolidation phases often lead to stronger bullish moves after breaking resistance.

Looking back at history, ETH once established a price level around 90 dollars during the 2018–2020 period before increasing 54 times, reaching 4,866 dollars by the end of 2021.

ETH Price Prediction | Source: SamAltcoinethCurrently, ETH is continuing to consolidate within a wide range, with a bottom near $1,385. If history repeats, a 54-fold increase from this price base could propel Ethereum towards the $75,000 mark in the next cycle.

The chart shows that the potential energy is gradually forming as ETH maintains within the multi-year range. Each retest of the support zone is accompanied by stronger buying pressure, and currently, a breakout effort is emerging.

If ETH can decisively break the resistance, it will confirm the next bullish trend.

In the short term, a cooldown after strong rallies is normal, but the long-term outlook remains positive. Prolonged consolidation phases provide a stronger foundation, and the current structure of Ethereum aligns with this scenario.

If the Wyckoff principle is reproduced, ETH may be preparing for one of the largest breakouts ever.

The company invests 40 million dollars to bring ETH to Wall Street

In a new funding round, the fundraising company focused on Ethereum – Etherealize – has raised $40 million to promote Ethereum to Wall Street investors. According to the press release, venture capital firms Electric Capital and Paradigm are the leading participants in this funding round.

This is happening against the backdrop of listed companies rushing to add over $1.2 billion worth of ETH to their treasury this week.

Etherealize was founded in January with support from the Ethereum Foundation and Ethereum co-founder Vitalik Buterin. The goal of the company is to educate organizations about blockchain and ETH, ensuring that Ethereum can achieve similar traction as Bitcoin.

ETH price targets bullish as whales accumulate strongly

According to on-chain data, a new "whale" has emerged after purchasing 100 million dollars worth of ETH. This contributes to the ongoing accumulation trend of whales that has been widespread recently, indicating a high possibility that ETH will soon enter a bullish phase.

Meanwhile, whale groups holding between 1,000 and 100,000 ETH have increased their holdings by 14% over the past 5 months, according to data from Santiment.

During the same period, Ethereum also outperformed Bitcoin. Specifically, the price of ETH increased by 132%, while BTC only increased by 34%.

The outlook for Ethereum is increasingly optimistic as whales continue to accelerate accumulation during the recent market correction. At the same time, experts believe that this second-largest cryptocurrency is gearing up for a strong bullish trend, especially as institutional capital continues to rise.

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