Ethereum (ETH) is down 3.25% in the last 24 hours, now trading at $2,527.51. Weekly losses sit at 1.11%, suggesting price pressure but no major breakdown. The 24-hour trading volume dropped 1.81% to $23.47B, pointing to weaker immediate interest.
Analysts still see structure. Crypto strategist Michaël van de Poppe notes a strong upward impulse from $1,600 to $2,700. Now ETH moves sideways, within a zone marked between $2,400 and $2,700. This range acts as both support and resistance in the current cycle.
Van de Poppe says the current phase looks like healthy consolidation. He marks $2,650 as a key point, ETH is hovering close. His chart from late 2024 to May 2025 shows a rising trend, setting the stage for a possible breakout. If support holds, a surge to $3,500 or even $4,000 could be next.
Is ETH ready to rise or headed for a fall
Two major forecasts diverge. Changelly sees ETH stuck with a max of $2,556.28 in 2025, barely above today’s price. Their prediction comes with a grim potential return of -34.9%. For May 2025, they peg ETH at $2,601.71 flat.
DigitalCoinPrice offers the flip side. They expect Ethereum to not just recover, but climb to $5,508.79 by year’s end. Before that, ETH could break its old all-time high of $4,891.70. Investors are looking at the $5,000 range with serious optimism.
These sharp differences stem from varying assumptions. Bulls believe in growing demand, regulatory clarity, and staking rewards. Bears focus on price fatigue and weak momentum. For now, ETH sits in the middle, waiting.
SEC clears Ethereum staking rules
In a surprise twist, the SEC finally cleared some stakes-around staking. The Division of Corporation Finance determined that neither self-directed nor custodial staking activities require the registration of securities. This removes a major hurdle.
Institutional players who were tentative in the past can now confidently venture into staking on Ethereum. ETFs could attract banks and other institutional investors, hence increasing demand as well as confidence. Regulatory approval is thus set for the Proof-of-Stake model by Ethereum.
Market reaction is already visible. Investor confidence surged within minutes of the announcement. TVL and staking may increase with more capital coming in. This move is reminiscent of the effects stemming from the approvals of Bitcoin ETFs, further_orientation toward crypto maturity.
