Ethereum Slips Nearly 2% after Bullish Week
Ethereum is down right now but could regain bullish momentum soon and continue to outperform the rest of the market.
Quick overview
- Ethereum (ETH) has experienced a slight decline to $4,946 after a significant rise of over 9% last week.
- Despite recent losses, analysts remain bullish, noting a 34% increase in value since the beginning of the year.
- Predictions for Ethereum's price range from $5,800 to $8,000, indicating potential growth of up to 61%.
- Ethereum's strong performance, high trade volume, and positive investor sentiment suggest it may surpass $5,000 soon.
After climbing more than 9% last week, Ethereum (ETH) is beginning to slow down, losing some ground as it falls to $4,946 (ETH/USD).
Ethereum may have fallen over the last few days, but it has not lost so much of its value that analysts have become less bullish about it. This is one of the top performing cryptocurrency coins in 2025, and since the beginning of the year, ETH has added 34% to its value. That figure is even more astounding when calculating the climb back up after the precipitous drop in April.
Ethereum may be poised to climb much higher this year, even though it has already done very well. Some analysts are putting its ceiling anywhere between $5,800 and $8,000. In the high end, that would mean a growth of 61% from where it is now.
What Makes Ethereum Seem Bullish?
Why are analysts optimistic about where Ethereum is headed this year to the point that they would make sky-high predictions? It is because we have seen an astounding performance from the coin this year, and ETH has performed better than Bitcoin for much of the last few months.
When Bitcoin stagnated, Ethereum was climbing higher, and we could see that level of outstanding performance continue throughout the remainder of the year. ETF inflows are high right now, and governments around the world are adopting or talking about adopting new regulations that make cryptocurrency easier to buy, sell, and trade.
Ethereum in particular is expected to do well since there is so much positive investor sentiment behind it. Ethereum is experiencing the intense selling pressure that we are seeing with Bitcoin, as investors seem to think it will go much higher.
Ethereum’s trade volume is up 34% over the last 24 hours, at the time of publication. The general thrust of the coin has been upward over the past few months, with a strong recovery from April’s sharp drop and little selling pressure. Compared to the rest of the crypto market, Ethereum looks particularly strong. We anticipate that this coin will pass $5,000 later this month and will retain most of its gains through the remainder of the year.
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