RoYoK
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Bullish
👀🐋 Ethereum Forecast: ETH Posts First Positive Monthly Returns in 2025 After Whale and ETF Pressure
🔷️ Ethereum is on track to finish May as its first positive month in 2025, with a monthly return of approximately 46%, according to data from Laevitas.ch. The shift towards a bullish momentum for ETH this month follows the easing of tariff pressures after the U.S. reached trade agreements with several countries, including the United Kingdom and China (temporarily).
Positive macroeconomic signals triggered bullish sentiment among Ethereum whales, as addresses holding between 10K - 100K ETH increased their holdings from 16.50 million ETH to 17.62 million ETH in May — an increase of 1.12 million ETH, representing the largest monthly buying pressure from whales since July 2022.
Ethereum saw $117.76 million in futures liquidations in the last 24 hours, according to data from Coinglass. The total amount of long and short liquidations is $98.61 million and $19.15 million, respectively.
ETH crossed below the uptrend line of an ascending triangle and the 14-day EMA at the end of May after facing rejection at the key resistance of $2,750.
Do Your Own Research (DYOR) 💡
#CEXvsDEX101 $ETH
🔷️ Ethereum is on track to finish May as its first positive month in 2025, with a monthly return of approximately 46%, according to data from Laevitas.ch. The shift towards a bullish momentum for ETH this month follows the easing of tariff pressures after the U.S. reached trade agreements with several countries, including the United Kingdom and China (temporarily).
Positive macroeconomic signals triggered bullish sentiment among Ethereum whales, as addresses holding between 10K - 100K ETH increased their holdings from 16.50 million ETH to 17.62 million ETH in May — an increase of 1.12 million ETH, representing the largest monthly buying pressure from whales since July 2022.
Ethereum saw $117.76 million in futures liquidations in the last 24 hours, according to data from Coinglass. The total amount of long and short liquidations is $98.61 million and $19.15 million, respectively.
ETH crossed below the uptrend line of an ascending triangle and the 14-day EMA at the end of May after facing rejection at the key resistance of $2,750.
Do Your Own Research (DYOR) 💡
#CEXvsDEX101 $ETH
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