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Ethereum price performance was one of the most disappointing characteristics of 2025, Altcoin closing the first four months of the year at a loss. However, the price of the ETH seems to witness a strong resurgence, staging a significant yield above the level of $ 2,600 this weekend.
Interestingly, a popular trader on the X social media platform presented a positive case on the trajectory of Ethereum prices. According to the Crypto Pundit, ETH seems to settle to exceed Bitcoin, the largest cryptocurrency in the world by market capitalization, in the coming months.
‘Eth again start to feel like eth’ – trader
In a recent article on X, the cryptographic trader pseudonym Axel Bitblaze has deepened why they think that the Ethereum price is currently in a strong position and could take the lead in front of Bitcoin. One online expert indicated several reasons for which Ethereum could experience significant growth in the coming months.
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First, Bitblaze mentioned the purchase reported by Blackrock of 7,976 ETH (worth around 18.9 million dollars) and to put pressure to mark out the negotiated funds on the stock market. The Crypto trader believes that the approval of the features of the ETF could submit a real institutional request generators of return.
In addition, according to Bitblaze, the accumulation of ETH by whales is another steering story under the radar. Chain data show that the whales bought 138,511 ETH (worth around 337 million dollars) in the last 48 hours. This, combined with $ 434 million in short liquidations, brought a momentum to the Ethereum price.
Bitblaze noted that more liquidity seems to flow into the Ethereum token than Bitcoin, even if it could be specific to exchange, because the volume of etht trading has exceeded the volume of BTC for the first time in years.
In addition, Bitblaze has credited the upgrade of Ethereum Pectra, which was posted on May 7, as one of the deflationary factors of the future potential of ETH. “In a few days, ~ 38,000 ETH was burned, increasing the deflationary pressure,” added the merchant.
However, Bitblaze advised investors to be cautious, because the feeling of the market seems to be overheated at the moment. While the latest chain data indicates a bullish environment, the Fear & Greed index is extremely greed, which is often a precursor of minor prices.
In the end, Bitblaze thinks that the stars are starting to line up again for the Ethereum token, and that the sun could shine again on the Altcoin. If this happens, the trader estimates that the price of the ETH could travel to $ 2,800 or even $ 3,000 before seeing a major correction.
Ethereum Prize at a glance
To date, the price of the ETH is at around $ 2,580, reflecting an increase of more than 10% in the last 24 hours. This one -day action highlights the impressive performances of Altcoin in last week. According to Coingecko data, the ETH is up more than 40% in the last seven days.
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(Tagstotranslate) Bitcoin (T) ETF (T) ETF Strike (T) ETH (T) Ethereum (T) Ethusdt
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