Ether (ETH) Surges 200%, Astonishing Veteran Investor Peter Brandt: Insights Revealed
Peter Brandt, a veteran trader known for his critical stance on Ethereum, has shown signs of softening his view on the cryptocurrency amid its impressive price rally in 2025. After previously calling Ethereum a "broken utility coin" and maintaining a skeptical position, Brandt acknowledged the notable bullish momentum by calling ETH’s weekly chart “one of my favorite charts right now,” reflecting a significant shift from outright criticism to recognition of Ethereum's strong technical performance [1].
This change in stance comes after Ethereum surged over 200% from around $1,383 in April 2025 to a peak above $4,300 in August 2025. The surge was fueled by large inflows into spot ETFs and increased institutional buying [1]. Brandt had earlier noted a major congestion zone on the monthly chart which could support a substantial upward move, indicating he saw potential for ETH’s rally before it fully materialized [1].
However, Brandt’s views have not completely moved to bullish certainty. In late 2024, he still highlighted bearish trends for Ethereum, pointing to unmet price targets near $1,551 that suggested downside risk, indicating his evaluation remains grounded in technical caution [4]. This shows that while he admires the current bullish price action, he is maintaining a prudent stance given crypto's volatility.
The surge in Ethereum is coinciding with a broader rotation within digital assets, as institutional investors and developers look beyond Bitcoin. The increased adoption of stablecoins, tokenized real-world assets, and smart-contract platforms, all of which run on the Ethereum blockchain, is contributing to Ethereum's momentum [2].
At press time, Ethereum was trading at $4,190, marking a 20% weekly gain. More than $6.7 billion has poured into the nine U.S.-listed Ether spot ETFs year to date. Ethereum-focused treasury firms have scooped up more than $12 billion in ETH [3].
Peter Brandt recently shared a tweet indicating a favorable view of Ethereum, stating that it is one of his favorite charts currently. The tweet from Peter Brandt about Ethereum was accompanied by the hashtags #Ethereum, #Peter Brandt, and #Ethereum Price Prediction [5]. Ethereum (ETH), the second largest cryptocurrency by market capitalization, reached $4,326 on Saturday, its highest since December 2021 [6].
The rally was also fueled by massive short liquidations over a four-day period. The ETH price has increased nearly 213% from its April 9 low of $1,383 to Saturday's high of $4,326 [7].
References:
- Brandt's Tweet
- Increased Adoption of Ethereum
- Inflows into Ether ETFs
- Brandt's Bearish Trends for ETH
- Brandt's Tweet about Ethereum
- Ethereum Reaches $4,326
- Ethereum Price Rally
- Peter Brandt, a veteran trader who once called Ethereum a "broken utility coin," has recently shown a more favorable view, calling ETH’s weekly chart “one of my favorite charts right now.”
- The surge in Ethereum's price, which saw Ethereum-focused treasury firms scoop up more than $12 billion in ETH, has coincided with a broader rotation within digital assets.
- At press time, Ethereum was trading at $4,190, marking a 20% weekly gain and contributing to more than $6.7 billion pouring into the nine U.S.-listed Ether spot ETFs year to date.
- The increased adoption of stablecoins, tokenized real-world assets, and smart-contract platforms on the Ethereum blockchain is another factor contributing to Ethereum's momentum.
- Following the impressive price rally in 2025, Peter Brandt shared a tweet indicating a favorable view of Ethereum, stating that it is one of his favorite charts currently, accompanied by the hashtags #Ethereum, #Peter Brandt, and #Ethereum Price Prediction.
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