2025 Ether Market Update: The Price Faces Resistance Despite Positive Whale Data

2025 Ether Market Update: Can It Regain $4,000?

With Ethereum’s price at the forefront, the digital currency ecosystem is seeing a resurgence today. The total value of the cryptocurrency market has dropped by a slight 0.24% to $3.29 trillion in the last day. It’s still unclear if the price of Ethereum, the second-largest coin, will continue its upward trajectory and regain the $4,000 milestone.

Ethereum is down 0.55% in a day to $3,255, according to current market statistics. The coin fluctuated from a low of $3,224 to a high of $3,317 over this time. The trading volume is one of the key Ethereum metrics that is now declining despite this increase. The Ethereum price responded in the opposite direction to the whale transaction data, regardless of volume. Only 1.96 million Ethereum, or $6.37 billion, have been moved overnight by whales, according to statistics from IntoTheBlock.

ETH Price Recovery Hinted by MACD and Bollinger Bands Tightening

On the other hand, the volatility of the ETH/USDT 4H chart is decreasing. Its Relative Strength Index (RSI) dropped to 42, nearly reaching the oversold level, during the recent selloff. A trend change is probably in progress because the Moving Average Convergence Divergence Indicator (MACD) line is slightly above the signal line. The Bollinger Bands’ tight squeeze already indicates that Ethereum’s price volatility has decreased. This small price increase could help push ETH to new heights if the key indicators set by retail traders improve.

According to Santiment data, the number of ETH Hodlers has increased year-to-date (YTD), as Coingape previously reported. This suggests that many people have faith in the coin’s long-term prospects, which could support the price recovery even more. Moreover, there are a few reasons to maintain optimism over Ethereum’s price. First, the Pectra upgrade is progressing and is anticipated to be released later in the first quarter. Additionally, developers have prioritized the Fusaka Upgrade above Pectra, demonstrating a consistent effort to bring the protocol up and running.

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