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Ethereum surges 34% in a month; could hit $6,000 if Bitcoin reaches $150K by 2026, says analyst

Market News
31 Aug 2026
Blockonomi
View Source
Bullish
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Ethereum has rallied 34% over the past month, outperforming major cryptocurrencies and trading around $2,440–$2,465. Analyst Tom Lee projects Ethereum could reach $6,000 if Bitcoin climbs to $150,000 by the end of 2026, driven by a rising ETH/BTC ratio and regulatory clarity from the CLARITY Act. U.S. spot Ethereum ETFs saw $102 million inflows recently, signaling strong institutional interest. Technical indicators like the MVRV ratio and RSI suggest a bullish trend may be forming, with critical resistance at $2,500 and $2,800 levels to watch next.

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