Is ETH About to Explode? Find Out Now!

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Did Ethereum Just Wake Up and Smell the Coffee? 🚀

Key takeaways:

  • Ether’s price has soared by a staggering 46% in just a month — yes, really, four-six!

  • The ETH/BTC pair has climbed by 30% in the past 30 days, making Bitcoin traders look a tad jealous.

  • Spot Ethereum ETFs are on a winning streak—twelve days of continuous inflows. Someone’s got a new love affair! 💘

In recent news, Ether’s price has climbed 7% over the past three days, prompting traders everywhere to don their metaphorical party hats. The ETH/BTC pair is flashing green, hinting at a potential Ethereum revival that might just blow your socks off in the days to come!

Traders Are Getting Excited — ETH’s Comeback Could Be Imminent

According to CryptoMoon Markets Pro and TradingView, Ether is floating at around $2,630, up a hefty 46% over the past month—surely enough to make even the most stoic investor crack a smile.

Michael van de Poppe, mastermind of MN Capital, proclaimed on X that ETH is “poised for a significant upward breakout.” Who are we to argue? His chart shows ETH/USD comfortably lounging above a support level of $2,400 on the six-hour chart. Proceed with cautious optimism, or just get your popcorn ready. 🍿

Key resistances are lurking between $2,680 (where the 200-day moving average is hiding) and $2,850. Van de Poppe insists ETH must clear these to hit a new milestone of the year. No pressure, ETH.

Ethereum Chart

Rounding out the expert opinions, Rekt Capital suggests Ethereum is trying to reclaim the $2,500 level, aiming to lock it in as the “safe zone” of this grand macro range between $2,500 and $4,000. Apparently, ETH is *trying* to channel its inner mid-2021 retest—who knew it was a history buff?

“Ethereum is trying to repeat history and position itself in a similar way to the green circled retest of mid-2021,”

Historical ETH Retest

If Ethereum manages to cling above $2,500 through June, we might witness a rally rivaling its past glories—a veritable rollercoaster of delight!

Crypto analyst Crypto Eagles has a hunch: ETH’s current technical pattern resembles the glory days of 2016-17, setting the stage for a potential rally to an eye-popping $6,000. Dream big, they say.

Altcoin Season? More LIKE ETH-Season! 🥳

While Bitcoin has been chugging along with a modest 16.5% increase, ETH dazzled with a 46% rise. The ETH/BTC pair has also been on a tear, jumping 30%, reaching a ten-week high of 0.02618 on May 14, and currently trading around 0.02503—up a whopping 48% from late April’s lows.

ETH/BTC Chart

Trader Daan Crypto Trades notes that ETH/BTC has been bouncing between 0.022 and 0.026, and hints that a breakout above this range could give altcoins a much-needed boost—kind of like giving a caffeine-fueled shot in the arm for the entire altcoin universe.

“If you want to track how altcoins are likely to perform relative to $BTC, one of the main factors will be the $ETH/BTC chart strength,”

Altcoin Rally

According to CryptoMoon, a breakout from a classic cup-and-handle pattern could launch ETH on a 55% rally—talk about riding the wave of a lifetime! Could this be the start of a new altseason? Well, don’t blink—it might just happen.

Spot Ether ETFs Keep Pouring Cash In — While Bitcoin Takes a Nap 💤

Institutions are clearly enamored with ETH, as evidenced by twelve straight days of inflows into spot Ethereum ETFs. Meanwhile, Bitcoin ETFs somehow managed to end a 10-day streak of inflows, dealing out $1.23 billion in outflows between May 29 and June 2. Ouch.

ETH ETF Inflows

Pseudonymous crypto analyst Coiniseasy speculates that the growing demand for ETH suggests “altseason is finally just around the corner.” Or so they hope. Meanwhile, CoinShares reports that Ethereum investment products pulled in $321 million last week—the strongest run since late December 2024—while Bitcoin ETPs saw a modest $8 million outflow, ending a six-week gold rush worth nearly $10 billion.

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2025-06-04 14:21