Cryptocurrency analyst Ali predicted that Ethereum (ETH) could rise to as high as $3000 if it maintains support at $2570. He explained via X, "Despite recent volatility, ETH is moving within a 4-hour ascending channel and is finding support at the lower boundary of the channel near $2375. Additionally, approximately 140,000 ETH ($350 million) has been withdrawn from exchanges over the past four days, indicating a strong long-term holding sentiment among investors. A decrease in ETH supply on exchanges can alleviate potential selling pressure, bolstering an upward breakout."
