🚀 Ethereum (ETH) on the brink of a breakthrough: what to expect in May 2025?
As of May 4, 2025, Ethereum (ETH) is trading around $1,828, showing signs of consolidation after a recent rise. Technical indicators and market signals suggest a potential bullish momentum in the near future.
🔍 Key factors:
Technical analysis: ETH is above the 20-day EMA, and the RSI is rising without reaching overbought territory, indicating growing momentum without overheating the market.
Activity of major investors: A recent purchase of 1,202 ETH for $2.2 million after four years of inactivity indicates a renewed interest from large holders.
Seasonality: Historically, May has been a favorable month for Ethereum, which may signal the beginning of an altseason. BeInCryptoBlockchain News
📈 Forecasts:
Analysts suggest that if the current momentum is maintained, ETH could test the $2,000 level in the coming weeks. However, it is important to consider potential fluctuations and manage risks accordingly.
📌 Conclusion:
Ethereum demonstrates resilience and potential for further growth. Investors should closely monitor technical levels and market signals to capitalize on potential opportunities.