Ether Soars 47% in a Month: Hedge Fund Predicts No Quick Comeback!

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Ah, the rise of Ether! Like a phoenix from the ashes or perhaps more like your neighbor’s lawn after a rogue irrigation mishap, Ether’s ascent to a staggering $3,600 on Thursday has got everyone buzzing. A hedge fund executive believes the coin won’t be taking a nosedive anytime soon, provided two macro conditions keep on keeping on.

“All the hard data that came in this week says a rapid dive is a fantasy,” declared crypto hedge fund ZX Squared Capital partner Felix Xu, quite the connoisseur of numbers, to CryptoMoon. I suppose data can be more convincing than your aunt’s wild conspiracy theories about the moon landing.

ETFs are Thriving, and Fed Ambiguity Bodes Well for Ether

Xu highlighted the increasing inflow into US spot Ether (ETH) exchange-traded funds (ETFs) as a major fuel for this price rocket. Just this past Wednesday, we witnessed a jaw-dropping $727 million influx, the biggest single-day inflow since the practice began in July 2024. Talk about a crowded dance floor!

“These coins go straight into cold custody and are, by their nature, not ripe for quick resale,” Xu emphasized—a reminder that crypto isn’t just a get-rich-quick scheme… well, mostly. He also hinted that the uncertainty surrounding the US Federal Reserve is yet another bullish current for Ether.

“Currently, macro conditions are more mixed than a salad bar malcontent,” he quipped, elaborating that while June’s Consumer Price Index (CPI) nudged higher, President Donald Trump’s ongoing pressure on Federal Reserve Chair Jerome Powell offers a hopeful lens for crypto enthusiasts.

“Trump keeps urging the Fed to cut rates by three whole percentage points—just a gentle reminder that policy risks still hold a favorable bias for risk investments,” he remarked, channeling more optimism than a cheerleader at the last quarter timeout.

“Unless those ETF inflows do a swift disappearing act and the Fed suddenly gets tough, the chances of a full retrace like the chaotic 30% plunge in October 2024 seems quite slim.”

As of now, Ether is dancing at $3,609, boasting a 43% upswing over the past month, according to Nansen. Yet, Xu points out that the likelihood of Ether reaching the legendary $10,000 mark by year’s end is slim, even with the most optimistic analysts advocating for it.

“Hitting $10K means a monstrous 190% hike in just over five months—a feat ETH has only accomplished twice: during the wild ICO frenzy of 2017 and the DeFi boom of 2020-21. Quite the dance, indeed!” Xu remarked with a hint of sarcasm.

The Elusive $10,000 Price Tag: “A Stretch”

“Such a leap is more of a stretch than my cousin at a yoga retreat,” he quipped, but the possibility might linger as long as hefty ETF inflows persist, staking is welcomed into the Ether family, and investor sentiment shuffles toward a risk-on finale while Ethereum broadens its reach:

“The rapid rise of real-world Ethereum usage: restaking rehearsals, booming layer-2 rollups, and fresh applications that sequester ETH, enhancing scarcity.”

“If any of those engines misfire, the rally might cap off just shy of five digits. However, should they all ignite in unison, surprise sprints to $10K could unfold faster than a magician’s finest trick,” he added, a grin likely plastered on his face.

In a similar spirit, Sapien co-founder Trevor Koverko echoed Xu’s sentiments, stating that a $10,000 Ether price tag is speculative, but not entirely out of the realm of possibility. “It’s a bold bet, but not beyond imagination that ETH could slam into a $10k valuation if robust macro tailwinds, broader ETF acceptance, and the ongoing narrative of Ethereum becoming the backbone of the next financial system prevail,” Koverko told CryptoMoon. Quite the ambitious daydream, wouldn’t you say?

“ETH appears far less like a whimsical gamble now and more like a digital marvel,” he declared, likely stirring excitement among the crypto crowd.

In a twist of fate, CryptoMoon recently reported that crypto trader Mikybull Crypto predicts Ether’s fairytale price may land somewhere between $7,000 and $10,000, all credited to the ever-mysterious RSI index. Because who doesn’t love a bit of speculation wrapped in a layer of hopeful numbers?

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2025-07-18 06:07