BREAKING

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

ETH

ETH/USDT

$1,582.99
-0.83%
24h Volume

$5,334,368,255.74

24h H/L

$1,611.02 / $1,562.41

Change: $48.61 (3.11%)

Long/Short
75.5%
Long: 75.5%Short: 24.5%
Funding Rate

+0.0002%

Longs pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,582.39

0.53%

Volume (24h): -

Resistance Levels
Resistance 3$1,872.11
Resistance 2$1,675.49
Resistance 1$1,613.03
Price$1,582.39
Support 1$1,564.89
Support 2$1,504.15
Support 3$1,244.77
Pivot (PP):$1,577.87
Trend:Downtrend
RSI (14):32.9

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.

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