BREAKING

Ethereum Outlook: Mark Newton’s Dip-Buy Call Eyes Higher Prices Through February

ETH

ETH/USDT

$1,668.60
+3.84%
24h Volume

$15,749,256,927.09

24h H/L

$1,721.93 / $1,604.00

Change: $117.93 (7.35%)

Long/Short
75.9%
Long: 75.9%Short: 24.1%
Funding Rate

-0.0080%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,654.88

-2.11%

Volume (24h): -

Resistance Levels
Resistance 3$1,872.11
Resistance 2$1,771.84
Resistance 1$1,710.96
Price$1,654.88
Support 1$1,615.03
Support 2$1,505.68
Support 3$1,244.77
Pivot (PP):$1,671.19
Trend:Downtrend
RSI (14):26.5

COINOTAG News, in its December 2 update, cites Mark Newton—a fund analyst aligned with Tom Lee—stating he is buying cryptocurrencies to capitalize on the current dip, signaling a disciplined entry amid the evolving crypto market outlook.

Newton projects a price recovery from now through mid-January or early February, arguing the coming window offers a high-risk, high-reward setup despite near-term volatility.

Tom Lee retweeted the message, reinforcing an internal signal around the near-term trajectory.

Newton previously earned credibility with Ethereum trend calls; since September his optimism about Ethereum has not always matched price action, underscoring the need for data-driven risk assessment.

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