Ethereum Price Prediction 2025: Will ETH Shatter Records and Hit New ATHs?

Ethereum isn’t just surviving—it’s thriving. As DeFi’s backbone and NFT’s playground, ETH has defied skeptics for years. But 2025 could be its magnum opus.

The Merge was just the warm-up. With Layer 2 scaling hitting warp speed and institutional money circling like sharks, ETH’s price action looks primed for liftoff. Even TradFi dinosaurs are quietly accumulating—though they’ll never admit it at cocktail parties.

Will Ethereum flip Bitcoin? Maybe not. Will it make hodlers rich while Wall Street scrambles to keep up? That’s practically guaranteed—unless the SEC finally ‘protects’ us all into irrelevance.

Ethereum Enters the Wyckoff ‘Liftoff’ Phase

The buzz around Ethereum’s price action intensified following a post by crypto trader Merlijn The Trader, who observed that ETH appears to be closely tracking the classic Wyckoff Accumulation pattern. This pattern is widely respected in technical analysis and is often used to identify major market reversals.

According to Merlijn, Ethereum has already cleared two critical stages of the Wyckoff model: the ‘creek’ and ‘spring’. The creek refers to a zone of overhead resistance where price struggles to push higher, while the spring is a final shakeout move below support that traps bearish traders before reversing upward.

The liftoff phase follows these stages and is marked by parabolic growth, where price breaks out of the previous range with increasing momentum. If the pattern continues to play out, Ethereum could be gearing up for a major breakout—possibly toward its next significant resistance level at $3,700.

Can Ethereum Hit a New All-Time High?

The liftoff narrative has bold forecasts from bullish analysts. Merlijn noted that if ETH breaks above $3,700 and successfully retests that level, it could set the stage for a move toward a new all-time high. Ethereum last peaked NEAR $4,878 in November 2021.

Another analyst known as Crypto GEMs pointed out that Ethereum’s 2025 price chart shows striking similarities to its 2024 pattern. If ETH continues to mirror its previous cycle, it could soon cross the $3,000 threshold—considered a psychological and technical milestone.

These forecasts are fueling an increasingly bullish Ethereum price prediction for 2025, with many traders expecting ETH to reclaim lost ground and aim for new record highs.

Bearish Caution: Rising Wedge Could Signal a Pullback

Despite the optimism, not all experts are convinced. Well-known crypto analyst Carl Moon presented a more cautious outlook, noting that Ethereum is currently trading within a rising wedge—a formation often viewed as bearish.

A rising wedge occurs when price rises within two converging trendlines, indicating fading bullish momentum. If Ethereum fails to break out of the wedge and instead moves lower, Carl warned that ETH could fall to $2,200, a level that WOULD erase recent gains and challenge short-term bullish narratives.

In this context, Ethereum’s future trajectory will likely depend on whether it can break upward from the wedge pattern, or if bearish pressure sends it back toward key support levels.

Ethereum Network Activity Reaches Multi-Year Highs

Adding fuel to the bullish fire is Ethereum’s growing on-chain activity. Crypto analyst CryptoGoos noted on X (formerly Twitter) that daily Ethereum transactions are approaching levels not seen since 2021. High transaction volume typically precedes major price movements, as it reflects increased demand and network usage.

Supporting this, Crypto Rover shared that active addresses on Ethereum have reached a new all-time high. This metric—often seen as a proxy for user engagement—indicates growing adoption across DeFi, NFTs, and other blockchain applications built on Ethereum.

These trends suggest that Ethereum’s value is not just speculative, but increasingly tied to real-world utility. With over 35.5 million ETH now locked in liquid staking, confidence in Ethereum’s long-term growth remains strong among network participants.

Ethereum Price Prediction 2025: What’s Next for ETH?

So where does Ethereum go from here?

If the Wyckoff liftoff plays out as expected and Ethereum can overcome the $3,700 resistance level, analysts believe the coin could rally toward $4,200 in the near term—and potentially challenge its all-time high later in 2025. That would validate bullish projections and give long-term investors confidence in Ethereum’s recovery.

However, a failure to break above $3,000—or a breakdown from the rising wedge—could drag ETH back toward the $2,200 support zone. Such a MOVE would likely dampen sentiment and delay any breakout scenario until broader market conditions improve.

Conclusion: Liftoff or Letdown? All Eyes on Ethereum

Ethereum is at a pivotal point in its 2025 journey. With bullish technical patterns, increasing network activity, and widespread analyst support, the stage is set for a potential liftoff. But bearish indicators like the rising wedge still cast a shadow of uncertainty over the short-term outlook.

Traders and investors should closely monitor the $3,000 and $3,700 resistance levels in the coming weeks. A strong breakout could signal the beginning of Ethereum’s next major bull run. Conversely, a rejection at these levels could result in a correction that tests the strength of its fundamental support.

Either way, Ethereum remains one of the most closely watched assets in the crypto market, and its next move could define the trajectory of altcoins in the second half of 2025.