$ETH
**š„ ETH Price Action: The Rebound is Here!**
After plummeting to **$1,415** in early April, Ethereum has staged a **26% rebound**, now trading around **$1,790** . Analysts point to a **falling wedge breakout** and a **TD Sequential buy signal**, both historically strong reversal patterns, suggesting ETH could soon target **$2,500ā$2,700** .
**š Key Resistance Levels to Watch**
- **$1,824** ā Immediate resistance (breakout could trigger FOMO buying)
- **$2,025** ā Next major hurdle (clearing this opens path to $2,500+)
- **$4,100** ā The ultimate breakout level for a run toward **$8,800+**
**š” Why is ETH Poised for a Mega Rally?**
ā **Whale Accumulation** ā A whale borrowed **$34.75M USDT** to buy **20,000 ETH** at **$1,740**, signaling strong institutional interest .
ā **ETF Inflows Return** ā U.S. Ethereum ETFs saw **$38.74M inflows** after weeks of outflows, hinting at renewed confidence .
ā **Pectra Upgrade (May 7)** ā The next major Ethereum upgrade could boost staking rewards and scalability, fueling demand .
ā **Vitalikās RISC-V Proposal** ā A potential shift from EVM to RISC-V could **100x efficiency**, making Ethereum faster and cheaper .
**šÆ Price Predictions: How High Can ETH Go?**
- **2025 Bull Case**: **$5,000ā$5,925** (CoinPedia)
- **2026 Target**: **$8,800+** (Bybit analysts)
- **2030 Moon Shot**: **$15,575** (if DeFi & institutional adoption explode)
**ā ļø Risks to Watch**
- **Macro Uncertainty** ā Geopolitical tensions & Fed policy could impact crypto.
- **Layer-2 Competition** ā Networks like Base are eating into Ethereumās fees .
- **BTC Dominance** ā If Bitcoin rallies harder, ETH may lag short-term .
**š¬ Final Verdict: Time to Load Up?**
With bullish technicals, whale moves, and game-changing upgrades, Ethereum looks **primed for a massive breakout**. If ETH holds above **$1,800**, the next leg up could be explosive.