Arthur Hayes Repurchases Ethereum (ETH), Predicts ETH Will Soar to $20,000 This Cycle

ETH

ETH/USDT

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short

69.8%

Long: 69.8%Short: 30.2%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,121.96

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$2,577.98

Resistance 2$2,403.28

Resistance 1$2,234.29

Price$2,121.96

Support 1$1,994.75

Support 2$1,826.83

Support 3$1,157.44

Pivot (PP):$2,110.44

Trend:Downtrend

RSI (14):32.9

BitMine reposted a video interview featuring BitMEX co‑founder Arthur Hayes on the X platform, in which he said he has repurchased Ethereum (ETH). Hayes attributed the move to recent price action and chart patterns, citing technical indicators that, in his view, support continued upside for Ethereum.

In the same clip Hayes articulated a price outlook for ETHEthereum could reach $20,000 within this market cycle. This report presents Hayes’s stated projection and rationale based on his analysis of market structure and should not be construed as investment advice to market participants.

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