Ethereum is consolidating below a key resistance level after regaining momentum in early May. Due to strong ETF inflows, technical patterns, and a long-term comparison with Bitcoin's 2020 trend, analysts suggest that a breakout above $2,700 could trigger a sharp rebound, potentially bringing ETH close to $4,500 by the summer of 2025.
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GoodLuckAccompaniesYou6
· 2025-06-06 03:13
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MirrorMystery
· 2025-06-06 03:12
Analysts point out that a 15% fluctuation may occur after breaking through this range. Crypto Bullet added that the ETH/USD and ETH/BTC trading pairs are both close to the upper trendline boundary, and if sustained, this could align with broader market changes. ETF inflows and on-chain structure support higher targets.
Ethereum is consolidating below a key resistance level after regaining momentum in early May. Due to strong ETF inflows, technical patterns, and a long-term comparison with Bitcoin's 2020 trend, analysts suggest that a breakout above $2,700 could trigger a sharp rebound, potentially bringing ETH close to $4,500 by the summer of 2025.