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Ethereum Continues to Rise: Clear Messages from Analysts
Ethereum remains strong despite the recent price drop. Analysts believe ETH is heading toward the $4,000 level. Even if the price dips in the short term, investors are turning this period into an opportunity. Michael van de Poppe identifies the $2,400 zone as a “buy the dip” region. This area could lay the groundwork for a new rally.
$ETH goes towards the 'buy the dip' range.
Sub $2,400 is the area where you'd want to accumulate before the next run towards $4,000. pic.twitter.com/y56cKttUHY
— Michaël van de Poppe (@CryptoMichNL) May 19, 2025
Ethereum delivered a 57.2% return last month. This performance indicates that the bullish trend remains robust. Titan of Crypto, based on Ichimoku analysis, argues that ETH maintains its bullish trend. “As long as the Kijun level holds, Ethereum will keep moving forward,” they say.
Investors are developing strategies to capitalize on this period. Many are accumulating ETH at levels below $2,400. This movement reflects continued positive expectations in the broader market.
What Are Whales Doing? Big Investors Are Accumulating ETH
ETH whales have been making notable moves in recent days. Crypto Rover notes that investors holding between 10,000 and 100,000 ETH are heavily accumulating. These large investors see dips as opportunities. On-chain data also reveals conflicting behaviors among ETH largest holders. While some whales are actively accumulating, others have chosen to close their positions at current levels.
Ethereum whales holding between 10K and 100K $ETH are accumulating heavily.
I’m following the smart money on this one! pic.twitter.com/XHak17Luq3
— Crypto Rover (@rovercrc) May 19, 2025
Analytics platform Lookonchain reported, “An ETH whale capitulated a few hours ago and sold 7,000 ETH ($16.88 million) at a loss.” This whale had previously withdrawn 13,479 ETH ($48.82 million) from Binance between December 5, 2024, and January 13, 2025, when Ethereum prices were higher. They currently hold 6,479 ETH, incurring a total loss of $16.28 million.
Still, many large investors view current levels as suitable for accumulation. Crypto Rover suggests this behavior reflects institutional interest. The Ethereum Foundation’s Trillion Dollar Security initiative also coincides with this period, bolstering market confidence.
Ethereum continues to hold strong in technical analysis. Analysts interpret the recent dips as classic corrections seen before major rallies.
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