🚨$ETH Price #Outlook (May 4, 2025)

🔹#Ethereum (ETH) has bounced back above $1,800, after a correction phase since December 2024.

🔹Short-term holders (STH) — wallets that acquired ETH in the past 155 days — now number 3.92 million.

🟢Bullish trigger: A rise above 4 million STH has historically preceded rallies (seen in 2022, 2024).

🟢Long-term holders (LTH) reached 104.24 million, reflecting strong market confidence.

🔹$ETH remains below the 365-day SMA (currently at $2,849), a key technical resistance.

🔹Current price: $1,835

🔹Daily change: -0.80%, with trading volume down 15.01%.

🟢Crossing the 4M STH mark and breaching the 365-day SMA could confirm a new ETH bull run.