Analyst Predicts Ethereum Price to $12K After Major Breakout Amid Eric Trump’s Warning to Short Sellers

Ethereum has broken free from a long period of consolidation, igniting renewed bullish narrative across the market. Currently trading at $4,191.02 after a 5.84% daily gain, Ethereum is seeing heavy institutional interest, including BlackRock’s recent purchase. Eric Trump has publicly warned bears to stop betting against Bitcoin and Ethereum, further boosting sentiment. With this backdrop, analysts like Captain Faibik are forecasting a run towards $12000 in the next cycle.