𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗩𝗼𝗹𝘂𝗺𝗲 𝗦𝘂𝗿𝗴𝗲𝘀 𝗧𝗼𝘄𝗮𝗿𝗱 $𝟭𝟯𝗕 𝗔𝗿𝗲 𝗡𝗲𝘄 𝗛𝗶𝗴𝗵𝘀 𝗡𝗲𝘅𝘁?
Ethereum is holding strong above $4,400, after briefly touching $4,792 just a step away from its 2021 all-time high of $4,878. The move comes as institutional accumulation ramps up, exchange reserves continue to shrink, and DeFi activity fuels network demand.
Key Highlights:
On-chain activity explodes: ETH daily transaction volume has jumped to $12.9B, one of the highest since 2021 (when the peak was ~$16B). This signals strong engagement from both investors and builders.
Institutional flows: Big players, including ETFs and funds, are steadily rotating into ETH, diversifying away from Bitcoin dominance.
Supply crunch: Exchange balances of ETH are at multi-year lows, reducing available sell pressure and strengthening bullish momentum.
Technical structure: ETH has cleared all major long-term moving averages (50W, 100W, 200W), reinforcing a powerful uptrend after years of sideways consolidation.
What’s Next?
The real battle lies at the $4,800–$5,000 zone a psychological and historical resistance. If bulls push through, analysts see room for an extension toward $5,500–$6,000 in the medium term.
But with volatility heating up, traders should also watch for sharp pullbacks from profit-taking or sector rotations.
Ethereum is once again proving its dual role a store of value rivaling Bitcoin and the backbone of Web3 utility. Whether it pauses here or breaks straight through, ETH is entering a defining moment for 2025.