Ethereum Bulls Charge: Is ETH’s Next Stop $3000 in 2025?

Ethereum's price action flashes green as bulls take control. Breaking key resistance levels, ETH looks poised for a potential rally toward the psychological $3000 mark—just in time for Wall Street to pretend they always believed in crypto.

Technical breakout or trap?

The second-largest cryptocurrency shows textbook bullish signals after weeks of consolidation. Trading volume spikes as ETH tests year-to-date highs, leaving shorts scrambling to cover positions.

Liquidity hunt underway

Market makers appear to be eyeing the $3000 zone—a critical liquidity pool where sell orders cluster. If ETH slices through this level, the path clears for a retest of all-time highs. If not? Another 'buy the rumor, sell the news' circus for crypto traders to endure.

Furthermore, a trader “0xFa5D” has recently closed its ETH long position today with a $3.55 million loss and left the Hyperliquid account with all 15.66 million USDC tokens. Notably, just 2 hours later, the whale came back with the 15.66 million USDC and flipped a short position on ETH token with 10x leverage.

Trader 0xFa5D closed his $ETH long today with a $3.55M loss and left Hyperliquid with all 15.66M $USDC.

But he wasn't ready to walk away with a loss — determined to make it back.

Just 2 hours later, he came back with the 15.66M $USDC and flipped short on $ETH with 10x leverage.… pic.twitter.com/yHp14ZlLeq

These market trends highlight increasing whale activity, hinting at rising optimism among the investors for this altcoin. Let us now understand the possible Ethereum price prediction.

Today, the Ethereum price is retesting its resistance trendline of the triangle pattern in the daily time frame. If the largest altcoin maintains its value above that range, this could result in it heading toward its upper price targets shortly.

After witnessing a wider next for a brief period, the Bollinger Bands (BB) shows volatility this week. This has resulted in it recording a shrinkage, however, the Ethereum price is trading above its midpoint (blue). Such a trend suggests an increasing bullish action in the upcoming time.

The Moving Average Convergence Divergence (MACD) indicator records a rising green histogram after witnessing a red histogram for over six weeks. Additionally, the 12 and 26-day average is on the path of experiencing a Golden Cross, indicating a positive outlook.

If the bulls maintain their dominance, the ETH coin price could test its resistance trend levels of $2,600 or $2,800. In an extreme positive action, it may result in it heading toward its upper target price of $3,000 within a short period.

Conversely, a bearish reversal may result in the ETH crypto experiencing a pullback within the triangle pattern. If the bears continue gaining momentum, the Ethereum price could plunge toward its $2,200 level.

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