ETH Could Reach $8,656 if BTC Hits $150K
Analyst YashasEdu forecasts that Ethereum price could climb to between $5,376 and $8,656 if Bitcoin price reaches $150,000, based on historical market cap ratios (21.7%–35%) from past bull cycles. At a 35% ratio, ETH could hit $8,656, while a conservative 21.7% ratio implies $5,376.
This price outlook is bolstered by Ethereum’s total value locked (TVL) surpassing $90 billion and record spot ETH ETF inflows of $1.01 billion in a single day. Major analysts like Tom Lee and Arthur Hayes predict Bitcoin may rally to $180,000–$250,000 by year-end, further supporting ETH upside.
Despite potential macro-driven corrections next year, low on-chain risk signals and growing institutional demand, including BitMine Immersion’s $20 billion purchase plan, suggest sustained bullish momentum. Currently trading near $4,630, Ethereum price sits just below its all-time high of $4,878, indicating more room for upside before consolidation.
Bullish
YashasEdu’s analysis uses Bitcoin’s projected rally to $150,000 as a catalyst for Ethereum’s next leg up, making the news inherently bullish for ETH. In the short term, record spot ETH ETF inflows of $1.01 billion and TVL surpassing $90 billion are likely to drive buying pressure, pushing prices toward the 30%–35% market-cap ratio level ($7,420–$8,656).
Over the longer term, sustained institutional interest—including BitMine Immersion’s $20 billion plan—and favorable on-chain risk indicators underpin a structural bullish case. Although a macro-driven correction could temper gains, the combination of robust ETF demand, improved TVL metrics, and historical cap-ratio trends suggests continued upward momentum for Ethereum.