Ethereum Price Poised for 40% Surge Amid Increased Whale Activity
The market value of Ethereum has shown signs of a potential end to the wedge correction. Key points include:
- Ethereum rebounded after dropping below $3,000, and the fear and greed index rose to 64%, indicating increased market greed.
- Technical analysis shows price consolidation ahead of an altseason, with Bitcoin’s dominance forming a macro reversal pattern.
- The ETH/BTC pair suggests a trend reversal after being in a falling channel for two years.
- If Ethereum closes above $4,090, the next target is its all-time high, potentially marking the start of a macro altcoin bull run.
- Support level for further corrections is seen above $2,160, established over the last nine months.
Reasons Supporting Ethereum's Growth in 2025
- Ethereum maintains leadership in Web3 despite competition from other layer one chains.
- Total value locked in the Ethereum network is approximately $66 billion, with a stablecoins market cap around $114 billion.
- In the past 24 hours, Ethereum generated a net revenue of about $2.71 million with around 403K active addresses.
- US spot Ether ETFs have seen net inflows totaling about $2.47 billion, with assets worth around $12.25 billion.
- Recent net cash inflow for US spot Ether ETF issuers reached about $59 million, led by Fidelity and BlackRock.
- Regulatory clarity for Ethereum exceeds that of other altcoins, supporting ongoing development efforts.
- Demand for Ether is rising in the US, notably with Donald Trump's World Liberty Financials reportedly holding significant Ether assets.