Based on Cryptonewsland, an analyst has set a bold bullish target of $12,000 for Ethereum (ETH) within the next 2-3 years. The analyst views the current price decline as a correction to a 2025 uptrend and expects ETH to bottom near $2,200 to $2,600 before resuming its upward trajectory. Another analyst confirmed that Ethereum is in Wave 2, not Wave 4, suggesting the best part of the bull cycle is still ahead, with Wave 3 targeting $8,400 and Wave 5 reaching $12,000.
Analyst Sets ETH Bull Target at $12,000 in 2-3 Years
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