Ethereum Eyes $5,000 Surge as ETF Flows and Charts Align
Ethereum climbed 1.1% over the past 24 hours, fueled by a surge in ETF inflows and growing interest from large investors.
BlackRock’s iShares Ethereum Trust pulled in $303.5 million last week, making up 93% of all ETH ETF flows. That brings BlackRock’s ETH holdings to $750 million for June. Speculation is building that 2025 could bring SEC approval for ETH staking within ETFs, adding to institutional appetite.
Whales Accumulate, Supply Shrinks
Over $82 million in ETH exited exchanges in just two days, tightening supply and easing sell pressure. On-chain data shows wallets holding between 1,000 and 10,000 ETH have ramped up accumulation to levels not seen since March. Long-term holders now control 75.5% of the total supply, unchanged for over a year.
Key Levels and Patterns Support Upside
Ethereum has bounced cleanly off the $2,500 support area three times in June. A golden cross is forming, with the 50-day moving average nearing a bullish crossover above the 200-day. RSI remains neutral at 48.8, giving bulls room to push. The main resistance to watch lies at $2,580–$2,600. A decisive break could mirror the breakout seen in early 2024, where similar consolidation led to a sharp move toward $3,500.
Path to $5,000
With ETF flows rising, whales stacking, and technicals firming, Ethereum appears poised for a significant leg higher. If momentum holds, traders are eyeing a potential breakout toward $5,000 in the weeks ahead.
A recent chart shared by Crypto GEMs suggests Ethereum could be on the verge of a major breakout, echoing its price pattern from early 2024. The visual comparison between 2025 and 2024 shows a nearly identical consolidation range followed by a sharp rally, which previously led ETH to surge past $3,000.
If history repeats, Ethereum may soon follow a similar trajectory, with analysts hinting at a potential move above $5,000. This setup reinforces bullish sentiment as ETH trades just above the $2,500 mark, with traders closely watching for a decisive breakout from the current range.
Kosta Gushterov
Reporter at Coindoo
Kosta kam 2021 zum Team und hat sich mit seinem Wissensdurst, seiner unglaublichen Hingabe und seiner analytischen Denkweise schnell einen Namen gemacht. Er deckt nicht nur ein breites Spektrum an aktuellen Themen ab, sondern schreibt auch bemerkenswerte Rezensionen, PR-Artikel und Bildungsinhalte. Seine Arbeit wird auch von anderen Nachrichtenagenturen zitiert.
