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Ethereum price performance was one of the most disappointing features in 2025, as Altcoin closed the first four months of the year at a confusion. However, the ETH price appears to be witnessing a strong return, which leads to a large return above the level of $ 2600 this week.
Interestingly, the famous trader on the social media platform X may be presented in a positive condition on the ETHEREM price track. According to Crypto Pundit, ETH appears to be outperformed by Bitcoin, the largest cryptocurrency in the world through the market value in the coming months.
“ITH began to feel like eth again” – Trader
In a conversation After xThe Axel Bitblaze trader has taken a deep diving dealer about the reason they believed that the price of ETHEREUM is in a strong position and could take the initiative before Bitcoin. Critics have stated on the Internet with several reasons that Ethereum can face significant growth in the next few months.
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First, Bitblaze mentioned the purchase of Blackrock about 7,976 ETH (about $ 18.9 million) and pressed the money traded on the stock exchange. The encryption dealer believes that approval of ATF StAKING can provide the real generated institutional demand.
In addition, according to Bitblaze, the ETH accumulation with whales is another narration that flies under the radar. Data on the series show that the whales have bought 138,511 ETH (at a value of about 337 million dollars) during the past 48 hours. This, along with $ 434 million in short qualifiers, brought some momentum to the price of ETHEREUM.
Bitblaze noted that more liquidity appears to flow to the ETHEREUM code of Bitcoin, although it may be for exchange, as the BTC trading volume exceeded the first time in years.
Moreover, Bitblaze is an ethereum Pectra upgrade, which was broadcast on May 7, as one of the contraction factors behind ETH capabilities in the future. “In just a few days, 38,000 Airo was burned, which increased the contraction.”
However, Bitblaze advised investors with care exercises, as the market’s morale appears to have been ever. While the latest data on the chain indicates a bullish environment, the Fear & Greed index is in an extremist greed, which is often an introduction to simple prices.
In the end, Bitblaze believes that the stars have begun to agree with the Ethereum code again, and that the sun may shine on altcoin again. If this happens, the trader believes that the price of ETH can travel about 2800 dollars or even $ 3000 before seeing any major correction.
Ethereum price at a glance
As of the writing of these lines, the ETH price sits about $ 2580, which reflects an increase of more than 10 % in the past 24 hours. This one -day procedure emphasizes the impressive ALTCOIN performance during the past week. According to data from Coingecko, Eth has increased by more than 40 % in the past seven days.
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Distinctive image from Istock, tradingvief chart
The post Popular Trader Says ETH Is Leaping Ahead Of Bitcoin first appeared on Investorempires.com.
