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

ETH

ETH/USDT

$2,413.52

+0.55%

$2,413.52

+0.55%

(24s)

24h Volume

$23,022,961,136.55

24h H/L

$2,546.78 / $2,384.00

Change: $162.78 (6.83%)

Long/Short

59.1%

Long: 59.1%Short: 40.9%

Funding Rate

+0.0046%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,411.98

▼ -4.15%

Volume (24h): -

Resistance Levels

Resistance 3$2,829.96

Resistance 2$2,515.87

Resistance 1$2,428.09

Price$2,411.98

Support 1$2,378.60

Support 2$2,301.08

Support 3$2,213.79

Pivot (PP):$2,462.69

Trend:Uptrend

RSI (14):76.9

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.