Ethereum Price Forecast: Citi’s $4,300 on Bullish Signals

Global bank Citi projects an Ethereum price forecast of $4,300 by end-2025 and $2,300 by late 2024, citing accelerated EIP-1559 fee burns, the shift to proof-of-stake and institutional adoption that could cut annual issuance by up to 90%. Robust DeFi, NFT growth, rising daily active addresses and TVL support the outlook, while elevated inflation boosts ETH’s appeal as a digital hedge. Recent on-chain metrics reinforce a bullish stance: ETH trades near $4,542 as heavy short liquidations exceed $9 million, funding rates hold at around 0.005%, and Binance liquidation heatmaps highlight key zones between $4,500–$4,700. Rising staking inflows and shrinking exchange reserves further underscore growing demand. This Ethereum price forecast may prove conservative if ETH breaks above $4,500 toward $6,000. Traders should monitor liquidation hotspots, funding rates, upcoming upgrades, staking metrics and regulatory developments to navigate potential volatility and capture upside.
Bullish
Citi’s medium-term Ethereum price forecast is bullish, projecting $4,300 by 2025 alongside near-term targets of $2,300 by late 2024. This is supported by on-chain metrics—short liquidations, positive funding rates and staking inflows—that signal sustained buying pressure. In the short term, traders can expect volatility around $4,500–$4,700 liquidation zones, which, if breached, could trigger further upside. Long term, network upgrades (EIP-1559, PoS) and institutional adoption are likely to reduce supply and enhance demand, potentially driving ETH toward $6,000, challenging conservative forecasts.