Ethereum Price Prediction 2025: What Next For $ETH?

Ethereum ETH Price Prediction: What’s Next for $ETH in 2025?

Ethereum's Price Action Signals Potential Bullish Breakout

Inverse Head and Shoulders Pattern Emerges

On Ethereum's daily chart, a clear Inverse Head and Shoulders pattern has developed. Recently, Ethereum (ETH) dipped into the $2,850–$2,920 range, triggering heightened buying interest. Analysts have labeled this region as the "ultimate buy zone."

Over the past ten months, ETH has traded within a broader accumulation range of $2,850–$4,000, suggesting a potential bullish breakout is on the horizon. This movement mirrors Bitcoin's recent upward trend, hinting that ETH may follow a similar trajectory.

Ethereum Recent Price Movements

In a recent analysis, we questioned whether $2,900 could be the ultimate buy opportunity. Yesterday, Ethereum briefly dropped to $2,930 before rebounding strongly to its current level near $3,200. This price action underscores growing support within the $2,850–$2,920 zone, reinforcing its importance for traders and investors.

Ethereum Support and Resistance Levels

According to Intotheblock.com, Ethereum faces primary resistance between $3,270 and $3,365, while strong support is observed in the range of $3,175 to $3,080. Breaking above resistance levels could catalyze further bullish momentum, while the support zone remains crucial for maintaining upward trends.

Network Activity and On-Chain Insights

Decline in New ETH Addresses

As highlighted in a post by ALI on X, the Ethereum network has experienced a slowdown in activity. Over the past week, the creation of new ETH addresses has declined by 9.32%. Analysts are debating whether this is a temporary dip or the start of a longer-term trend, as such metrics often influence market sentiment.

Concentration of ETH Supply

Data from ALI on X reveals that three major holders now control 43.14% of Ethereum's total supply. This level of concentration raises questions about the potential influence of these large players on market dynamics.

Large-Scale Accumulation by Whales

Despite market uncertainty, whales continue to accumulate Ethereum. A wallet associated with Longling Capital recently withdrew 10,000 ETH (worth $30.76 million) from Binance. The wallet then borrowed 9 million USDT from Aave and redeposited it into Binance, suggesting strategic positioning in anticipation of a market move, as reported by Lookonchain.

Liquidations Amid Market Turbulence

Significant Losses in Open Positions

The recent drop in Ethereum’s price led to the liquidation of $182.76 million in traders' open positions, according to Coinglass. Notably, the majority of these liquidations occurred within the last four hours, totaling $1.85 million. Among these, $330.54K was lost by traders in long positions, while short sellers faced liquidations amounting to $1.52 million.

Wider Cryptocurrency Market Impact

The cryptocurrency market experienced heightened volatility over the past 24 hours, resulting in $655.80 million worth of liquidations and affecting 200,422 traders. Short positions suffered losses of $218 million, while long positions accounted for $437.81 million. The single largest liquidation occurred on Binance, wiping out an ETHUSDC position valued at $24.95 million.

Conclusion: What Next for ETH?

Ethereum’s prolonged accumulation phase, combined with recent whale activity and strong buy-zone support, signals potential for a bullish breakout. While network activity metrics like the decline in new addresses warrant attention, the price action and on-chain data suggest that ETH remains poised for upward movement, particularly if it can surpass key resistance levels. Investors and traders are closely monitoring developments as Ethereum continues to navigate this critical price range.