Ethereum (ETH), the second-largest cryptocurrency, is showing signs of gaining strength as it stabilizes above the $2,500 level. Market analysts and crypto experts suggest this period of consolidation could be the precursor to a significant price rally. According to a technical trader known as Batman, ETH is in a critical trading range that may spark a historic breakout in 2025, potentially driving prices above $4,000 and eventually towards $6,000 to $8,000, marking new all-time highs.
Batman points to a recently formed golden cross on the Stochastic indicator, a key technical signal indicating a potential trend reversal from bearish to bullish. While past crossovers have led to smaller, short-lived moves, this development could mark the start of a sustained upward trajectory. Another technical analyst, Daan Crypto Trades, highlights ETH’s ongoing trading range compression, which often precedes a major price movement with momentum typically persisting once initiated.
Simultaneously, Ethereum is experiencing renewed interest from institutional investors and smart money. ETH has gained over 70% from its year-to-date low, trading at approximately $2,508, with a market capitalization exceeding $300 billion. Recently, spot Ether ETFs have seen $860 million in net inflows in June alone, representing a 52% increase from May. Notably, large asset manager BlackRock has accumulated over $750 million worth of ETH since early June without selling, signaling strong institutional confidence.
Additional supportive indicators include increased accumulation by large holders controlling between 1,000 and 10,000 ETH, who have raised their net positions despite market volatility. On-chain data from Santiment shows a surge in weekly new Ethereum wallet addresses, ranging from 800,000 to 1 million, compared with around 560,000–670,000 last year, reflecting increased network usage and ecosystem engagement.
Technical projections and the accumulation trend suggest ETH could first aim for resistance near $3,500, aligned with the 78.6% Fibonacci retracement level, and then possibly advance toward the $5,000 mark by the end of the year. Should this bullish momentum continue, Ethereum’s price may achieve new record levels in 2025, driven by both strong technical setups and substantial institutional demand.