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The efficiency of Ethereum prices was one of the most disappointing features 2025, and Altcoin closed the first four months of the year with a loss. However, it seems that the price of ETH is witnessing a mighty revival, issuing a significant return above $ 2600 this weekend.
Interestingly, the popular trader on the social media platform X presented a positive case of the Ethereum price trajectory. According to Pundit Crypto, ETH seems to overtake Bitcoin, the world’s largest cryptocurrency by market capitalization in the coming months.
“ETH I’m starting to feel again” – trader
In the last Post on XThe nickname cryptographic trader Axel Bitblase has delved into why they think the price of Ethereum is currently in a mighty position and can take the initiative before Bitcoin. Pundit Online has found several reasons why Ethereum can experience significant growth over the next few months.
First of all, Bitblase mentioned the submitted Blackrock purchase of 7976 ETH (worth $ 18.9 million) and pressure on current funds. The cryptographic trader believes that the approval of ETF can introduce real, generating institutional demand.
In addition, according to Bitblase, the accumulation of ETH by whales is another narrative flying at the radar. Data on the chain show that whales have bought 138 511 ET (worth $ 337 million) in the last 48 hours. This, combined with $ 434 million in miniature liquidations, brought some momentum to the price of Ethereum.
Bitblaze noticed that greater liquidity seems to be affected by the Ethereum token than Bitcoin, although it can be specific to the exchange, because the ETH volume of ETH trade for the first time in years surpassed the BTC volume.
In addition, Bitblase assigned the Ethereum Pectra update, which began on May 7, as one of the deflation factors of the future ETH potential. “In just a few days ~ 38,000 ETH was burned, increasing deflational pressure,” added the salesman.
However, Bitblazse advised investors to be careful because market moods seem to be overheated. While the latest data on the chain indicates a stubborn environment, the Fear & Greed index is in Extreme Greed, which is often a precursor of minor price withdrawal.
Ultimately, Bitblase believes that the stars are starting to even out the Ethereum token and that the sun can shine again on Altcoin. If this happens, the trader believes that the price of ETH can travel to USD 2800 or even 3000 USD before he sees any substantial correction.
Ethereum price at first glance
In this letter, the price of ETH is about USD 2,580, which reflects an enhance of over 10% in the last 24 hours. This one -day action emphasizes the impressive results of Altcoin over the past week. According to data from Coingecko ETH, it increases by over 40% in the last seven days.
Recommended photo from Istock, chart from TradingView
