If this analysis is successful, Ethereum’s cryptocurrency is at good accumulation levels.
Tendency indicators can be useful to know when it is time to sell.
The next statement can be somewhat premature, but here it goes: on May 7, 2025 it was recorded over fire in the history of the Ethereum Network.
It is that on that date the activation of Pin was completed, a set of 11 proposals designed to improve user interaction and optimize the experience of validators and even the scalability of layer 2 solutions (L2).
The market response was immediate and the price of Ether (ETH), Ethereum’s native cryptocurrency, shot 25% between May 7 and 9. Unlike what happened in previous Ethereum updates (the Merge, for example), On this occasion there was no classic event of “sale of the news”. In the following graph, provided by Kaikoyou can see the ETH performance before and after each update on your network.
For the first time, a technical improvement in Ethereum generated a sustained rebound in the price of its native currency. If this impulse ratifies, and consolidates the current levels of price, it will face the historical resistance at the level of $ 4,000.
As seen in the following graph, this area has proven difficult to overcome in previous bullish cycles (2001 and 2004). That is, the increases find a roof at this level because investors consider that it is a good opportunity to take profits.
In case of a clear breakdown, backed by volume, the technical scenario would be completely transformed, opening the door to a new upward stretch to the historical maximums. However, it seems difficult to shoot over its historical maximum of $ 4,800 in the short term.
If there are still doubts about whether the activation of sirty was able to boost a sustained rebound in the price, the trend indicators can give light to the issue. As Cryptonotics explained, a classic strategy to follow trends is the crossing between the 10 -day exponential (EMA) mobile average and the 20 -day.
When the 10 -day EMA crosses above 20, it is interpreted as a bullish sign, indicating the possible beginning of an upward trend. On the other hand, if the EMA of 10 crosses below the 20, it is considered a bassist signal, anticipating a possible fall.
At the time of this note, the 10 -day EMA (blue line) remains above the 20 -day Ema (red line), indicating a bullish trend.
Ether investors have reasons to believe
And here it is not a matter of faith, dear reader. Not at all. Because if you are an ETH investor you have reasons to believe that, in the short term, you can reach the maximum of $ 4,000.
To do this, a stable macroeconomic environment will be fundamental. For example, that negotiations between the United States and the main economic powers, such as China or the European Union advance, within the framework of the “tariff war”.
This is because financial speculators prefer a more stable macroeconomic environment to invest in assets considered “risk” such as cryptocurrencies. Otherwise, they will choose to place their holdings in allegedly safer financial instruments, such as treasure bonds, which generate less profits but are not exposed to market fluctuations.
On the other hand, more and more companies are incorporating ETH as a reserve asset. Although the author of this article considers that it is a risk to replicate with Altcoins the Bitcoin accumulation strategy (BTC) promoted by Strategy, the truth is that, if more companies follow that path, it could be consolidated as a trend. And that would represent an additional factor of bullish impulse for ETH.
Another factor that can act as a price catalyst is that the United States Stock Exchange and Securities Commission (SEC) approves the integration of the staking into the funds quoted in the stock market (ETF) based on Ether.
It is worth explaining that the Ethereum Network uses a participation test mechanism (POS), which allows investors to obtain yields through staffing. This could increase demand if included in ETFs. As Cryptonotics reported, companies such as Fidelity and 21Shares have already proposed to the SEC incorporating this function, and the advancement of discussions has reinforced market optimism.
With all this information on the table, it is clear that while ETH is maintained below the level of $ 4,000, it is still cheap, especially if the wind blows in favor and the macroeconomic environment accompanies.
Discharge of responsibility: The views and opinions expressed in this article belong to its author and do not necessarily reflect those of cryptootics. The author’s opinion is informatively and under no circumstances constitutes an investment recommendation or financial advice.
