The post ChatGPT says Ethereum price will hit this target in 2025 appeared on BitcoinEthereumNews.com.
Ethereum (ETH) has captured the spotlight once again, currently trading at $3,346.08 after a 4% surge in the past 24 hours. For nearly 10 months, the cryptocurrency has remained within a consolidation range, reflecting market indecision. However, its ability to hold steady amid fluctuations has reignited interest among investors eager to determine its next move. As the world’s second-largest cryptocurrency shows renewed momentum, AI models set ambitious price targets for 2025, projecting significant growth fueled by a mix of market dynamics and Ethereum’s multifaceted ecosystem. Ethereum one-day price chart. Source: Finbold ChatGPT sets Ethereum price for 2025 To assess Ethereum’s future potential, Finbold analyzed market data and sought insights from OpenAI’s advanced ChatGPT-4o model. The AI provided a bullish outlook, projecting that Ethereum could reach $6,000 by mid-2025 and potentially climb to $10,000 by the end of the year, assuming bullish momentum persists based on current market dynamics. Ethereum price outlook. Source: ChatGPT/Finbold Key factors driving Ethereum’s price On January 13, Ethereum spot ETFs recorded $39.43 million in net outflows, continuing a four-day streak totaling $354 million. ChatGPT sees these sustained outflows as indicative of short-term caution among institutional investors, likely influenced by the recent crypto market correction. However, not all institutional sentiment is bearish. BlackRock’s ETHA ETF saw a net inflow of $12.9 million on the same day, suggesting that interest in Ethereum remains strong in some quarters, even as broader ETF outflows persist. Ethereum’s ability to climb above $3,150 despite these outflows highlights robust support from traders in other segments of the market. Strong bullish sentiment in the derivatives market ChatGPT notes that the derivatives market is sending strong bullish signals. Open interest has risen 4.76% to $29.65 billion, reflecting growing trader participation and confidence. On Binance, the long/short ratio for top traders is at 4.7208, showing a…