Ethereum is witnessing a renewed wave of accumulation from institutional investors and smart money wallets.
Ethereum roaring back! Star of the day: ETH takes a spirited leap to $2,508, having previously dropped more than 70% from its yearly low. No fluke figure of $300 billion; that staggering number bears witness to Ethereum’s resurgence.
While ETH remains 32% below its 2025 peak, analysts suggest it could be approaching a significant breakout.
According to an analyst with over 422,000 followers on social media, Crypto GEMs, Ethereum’s price could possibly be following a familiar path. According to their analysis provided on the daily chart, Ethereum appears to have swung back into a multi-week parallel channel.
Source: X/cryptogems555
This formation that we’re observing now on ETH’s chart resembles one witnessed earlier this year, a setup that propelled an 80% rally in a matter of weeks. If history chooses to repeat, then we’re probably looking at an ETH worth $5,000 before the New Year’s ball drops.
Ethereum is ready to start the bullish blaze. The golden cross, the celestial alignment of its 50-day SMA graduating toward the 200-day, is about to be born. History dictates: prepare for liftoff.
ETH price, 50-day and 200-day SMA chart June 20 | Source: crypto.news
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This recent reestablishment of Ethereum’s foothold has been accompanied by a jump from the 50-day EMA in fine style. Yet now, it sits coiled at the edge of a broadening wedge-a formation reputed to give birth to sudden upward thrust.
ETH 50-day EMA chart June 20 | Source: crypto.news
If bulls produce a sustained rally, then expect to see some fireworks near $3,500. This price level is more than just a number-the 78.6% Fibonacci retracement meets stiff psychological resistance.
“Smash through that ceiling, and $5,000 becomes the next launchpad, just as the analysts predicted.”
Ether ETFs have been on the rise, with a concatenation of bullish factors at play. Institutional interest appears to be back with renewed vigor. According to SoSoValue, $860 million has been ploughed into spot Ether ETFs in this very June alone, witnessing a 52% jump from May; this signals an entirely renewed confidence and the possibility of an even more explosive trajectory.
Being the undisputed leader in asset management, BlackRock is making waves in the crypto space. Since June, the firm has quietly accumulated approximately $750 million worth of ETH, signaling a substantial institutional development favouring the future of Ethereum.
An unwavering grip has been kept on Ethereum by BlackRock. This accumulation surge left not one share sold, gleaming with the irrefutable glint of institutional faith in Ethereum as a long-term value guarantor.
Currently moving into one of the most active accumulation sequences for months, whales with holdings in between 1,000 and 10,000 ETH are doing some buying. Going against the waves that chop and churn in this market, these big whales are aggressively stacking sats.
GM guys! Seems like the $ETH whales don’t care about the market shakeouts. They keep adding non stop 👀 pic.twitter.com/PcFd8B57pw
Crypto Rand (@crypto_rand) June 20, 2025
ETH’s pulse speeds up. According to Santiment’s data, rivers of fresh blood rushing into the network perfectly count between 800,000 and 1 million new wallets being born weekly. This insane rate of growth is not only encouraging but also a massive way of saying another brewing bullish momentum is about to make an appearance.
This situation created an emergency, pushing it past previous highs of 560k to 670k active addresses and higher revenue generated by network power and a growing, vibrant ecosystem, says Santiment.
All this could continue to strengthen Ethereum’s underlying market structure, paving the way for a potential breakout.
Read more:
Why Ethereum should not be ignored amidst massive institutional capital inflows
Keep in mind-save for your future. This should not be mistaken as a suggestion for creating wealth, because I am certainly not creating one. What I am serving up is a plate of knowledge, and this is not investment advice.
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