Ethereum’s ETH is trading near $2,100 following a key product launch in the US. Noted crypto analyst Ali Martinez has outlined a long-term strategy, suggesting an ideal accumulation price of around $1,070 and a profit-taking target above $8,600. Concurrently, other market observers point to increasing network activity and positive on-chain metrics as potential bullish indicators for the asset’s future performance.
The price of Ethereum’s ETH token is challenging the $2,100 level after a 3% daily increase. This movement comes after the world’s largest asset manager launched a staked ETH product tracking its performance in the United States.
Analyst Ali Martinez, who has nearly 165,000 followers on X, laid out what he called a dream trade for ETH. He stated that investors should accumulate the largest altcoin at levels around $1,070 and take profits around $8,670.
Martinez’s suggested accumulation zone is far below current prices, last seen in December 2022. The profit-taking target would require a massive surge from current levels, far exceeding the asset’s 2025 all-time high of almost $5,000.
Fellow analyst CW outlined two factors that could propel ETH to new peaks soon. They noted a notable uptick in Ethereum active addresses, which “indicates bullish market movements.”
A similar pattern in active addresses was visible near the bottom of the bear cycle in 2025. Ethereum’s price subsequently went on a roll in the following months.
In a separate post, CW stated that Ethereum’s realized capitalization has turned positive again. This metric is calculated by the total value of all ETH coins based on the price when they last moved.
According to their estimations, this shift signals “the start of a full-scale bull market.” The analyst’s observations are based on on-chain data patterns observed since 2022.
