Mike Novogratz Stuns with Rare Ethereum (ETH) Price Outlook

Key Points

1. Ethereum (ETH) has bounced off the same ceiling four times, suggesting potential for a breakout past $4,000 by the end of 2025.

2. Novogratz describes the current price range as $3,000-$4,000 but believes ETH will likely reach $4,000 by year-end.

3. The 'quadruple top' formation is traditionally seen as bearish, but Novogratz suggests a correction before a potential upward move.

4. ETH is currently trading between $3,200 and $4,000, with market sentiment still uncertain about its next major narrative.