Will Ethereum Hit $3K Following Tom Lee’s $1B ETH Stake?

The Ethereum worth edged up a fraction of a share up to now 24 hours to commerce at $2,939 as of 01:49 a.m. EST, with buying and selling quantity dropping 44% to $7.9 billion.

ETH continues to flirt with the $3,000 zone as large monetary establishments wager large on the altcoin king.

Tom Lee’s BitMine Immersion Applied sciences has intensified its bullish sentiment for the value of Ethereum and its ETH technique, after staking a complete of 342,560 ETH, valued at round $1 billion.

Tom Lee(@fundstrat)’s #Bitmine continues transferring $ETH into staking.

Over the previous 2 days, #Bitmine has staked 342,560 $ETH($1B).https://t.co/P684j5YQaGhttps://t.co/pXHT9mCPUC pic.twitter.com/0Y9XBShQzI

— Lookonchain (@lookonchain) December 28, 2025

BitMine is among the largest digital asset treasury firms, which has set a goal of holding round 5% of Ethereum’s provide. The corporate at the moment holds over 4 million ETH tokens, which is roughly 3.4% of the Ethereum whole provide.

The crypto market is watching sure international developments that are more likely to form the market sentiment this week, which may in flip have an effect on the value of the second-largest crypto by market capitalization, one being the Zelensky-Trump assembly.

Russian forces hit Ukraine’s capital and key vitality amenities with an enormous airstrike on the eve of talks between Ukrainian President Zelensky, and US President Trump.

🚨 JUST IN: The White Home has moved PRESIDENT TRUMP’S assembly with Zelensky in Florida tomorrow to 1PM ET

PRAY FOR PEACE.

Trump needs to finish the Russia-Ukraine warfare for the brand new yr! 🇺🇸 pic.twitter.com/3v41Y9dkY7

— Eric Daugherty (@EricLDaugh) December 28, 2025

The assembly on Sunday is ready to happen in Palm Seashore, Florida, in pursuit of a deal to finish Russia’s practically four-year invasion.

Ethereum Value Faces Indecision Inside a Consolidation Zone

The ETH worth bulls are at the moment displaying indecision after ETH fashioned a rounded prime construction earlier within the yr, having reached a cycle excessive close to $4,927 earlier than shedding momentum.

Following the rejection from this excessive, Ethereum underwent a chronic correction, finishing the rounded prime sample and declining sharply towards the $2,700 assist zone, which aligns with the 0.786 Fibonacci retracement degree.

This assist area has since acted as a robust demand space, preserving the Ethereum worth motion compressed inside a sideways consolidation vary, whereas upside makes an attempt have been capped under the $3,300 resistance zone.

ETH stays underneath bearish strain after forming a dying cross earlier within the decline, with worth nonetheless buying and selling under each the 50-day Easy Shifting Common (SMA) ($3,052) and the 200-day SMA ($3,585).

Furthermore, the Relative Power Index (RSI) on the day by day timeframe is at the moment round 44, having moved barely greater from current lows.

This implies momentum is stabilizing however stays under the impartial 50 degree, indicating the value of ETH continues to be buying and selling inside a neutral-to-bearish zone quite than a confirmed bullish sentiment.

ETH Value Prediction

In line with the ETH/USD day by day chart evaluation, the ETH worth is at the moment buying and selling inside a consolidation part following a broader bearish correction.

If bulls efficiently defend the $2,700 assist space and construct sustained demand, Ethereum may try a aid rally towards the $3,300 resistance, with a better upside goal close to $3,550–$3,585, the place the 200-day SMA and the 0.5 Fibonacci retracement converge.

Nevertheless, if bearish strain persists and the Ethereum worth information a decisive day by day shut under $2,700, the subsequent important draw back assist lies close to the $2,200 area, a previous assist.

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