Despite the period of significant uncertainty, several positive forecasts are circulating regarding the price of Ethereum (ETH).
In reality, much depends on the overall picture of the crypto markets, as at this moment ETH shows no signs of being able to move against the trend. However, even by analyzing the general trend of the crypto markets, positive medium-term scenarios can be hypothesized.
However, it is essential to clearly distinguish between short-term, medium-term, and long-term forecasts.
Uncertainty
The fact is that financial markets, as a whole, are currently literally dominated by uncertainty.
The uncertainty is due to the global geopolitical situation, and particularly to the unpredictability of Donald Trump.
In such a scenario, it is not surprising that large investors and institutional speculators are currently very cautious towards the crypto market, to the point of appearing to want to expose themselves only in the short term, even on Bitcoin.
Bitcoin, on the other hand, is generally considered the most interesting crypto asset precisely in the medium/long term, so the current situation should indeed be regarded as unusual. It is a sign that there are not even high expectations regarding the crypto markets in general, in the medium/long term, as far as the so-called big-money is concerned.
However, the discussion is different for the short term, and perhaps starting this week, the medium-term outlook might also change.
Short-term ETH Forecasts
The price of Ethereum has been in a sideways phase for over two months now, preventing it from climbing back above $2,400, but also from breaking below $1,800.
In particular, during the downturn in the second half of March, there were significant sell-offs by institutional investors, but these appear to be more short-term profit-taking rather than sell-offs by true holders.
In fact, after the February crash, several purchases occurred below $2,000. Therefore, the fact that there were numerous sales the following month at $2,100 might simply mean that those who bought at a low price in February wanted to quickly cash in on their gains.
This aligns with the fact that in April, purchases resumed, particularly around the $2,000 mark, suggesting the possibility of a new dynamic similar to the previous one.
On the other hand, there are currently positive short-term hypotheses circulating about Bitcoin, which allows us to imagine that the entire crypto market might also be able to breathe a sigh of relief for a few days.
The issue is that these dynamics are only active in the short term, and they tend to run their course within a couple of weeks at most.
Medium-term Forecasts for ETH
Perhaps the most interesting aspect is that some positive hypotheses are starting to circulate regarding the price trend of ETH in the medium term.
Obviously, there is no certainty that such hypotheses will prove correct, but it is interesting that after months of hardship, they are starting to circulate.
It should be noted that while BTC is currently at -44% from its all-time highs, ETH is at -56%, indicating that in recent months Ethereum has suffered more compared to Bitcoin.
In particular, there is a pattern circulating that suggests a possible x4 in the next six months.
To be honest, the same analyst who published it, Leshka.eth, states that he considers this prediction unlikely, but the pattern remains evident.
This is a pattern that seems to replicate what happened eight years ago, when the price of ETH went from $56 to $1,151.
Obviously, there is no certainty that history must necessarily repeat itself, but the pattern shown by Leshka.eth is indeed very clear.
ETH/BTC
It should be noted that this pattern does not concern the price trend of Ethereum in dollars (ETHUSD), but rather that of Ethereum in Bitcoin (ETHBTC).
In fact, using ETHBTC for medium/long-term analysis on Ethereum proves to be very useful, probably even more so than ETHUSD.
Additionally, during 2025 there was an attempt by the price of Ethereum to climb back above 0.043 BTC, but it failed within a few months.
The point is that in the past ETH was even above 0.08 BTC, while in 2025 it had plummeted to $0.02, nearing the lows of 2019.
For many months now, numerous analysts have been anticipating a return of ETH above 0.05 BTC, therefore Leshka.eth’s hypothesis seems plausible, albeit unlikely.
It should be noted, however, that the accumulation period of 2016 shown in Leshka.eth’s chart lasted only nine months, while the one that started at the end of 2022 has lasted as long as 29 months.
Therefore, although the pattern is evident, the timing does not match the previous one.
It should be added that at this moment making medium-term forecasts seems to be truly risky, so much so that it appears the big-money are active almost exclusively in the short, or at most short-medium, term, with time horizons that rarely exceed two weeks.
