Ethereum Price Prediction for Q2 2025-—Will ETH Price See a Strong Recovery Past $2500?
After enduring four consecutive months of red, Ethereum (ETH) is finally showing signs of a potential green quarter ahead. Despite the lingering uncertainty in the market due to Trump’s new tariffs, the second largest cryptocurrency is displaying resilience. While the downside targets at $1500 remain a possibility, there is also a glimmer of hope for a potential bear trap scenario. Similar to previous years, where Ethereum has experienced significant bullish rallies after a period of bearish momentum, the current price action hints at a possible turnaround.
In recent days, Ethereum has faced significant selling pressure, keeping its price range-bound between $2000 and $2100. Notably, a well-known analyst, Ali, reported a massive sell-off of over 760,000 ETH in the last two weeks. Additionally, an early Ethereum investor who acquired 5001 ETH in 2017 at a base price of $277 has liquidated all their holdings. According to on-chain data from Lookonchain, this OG investor has made a substantial profit of over $8.6 million from an initial investment of around $1.36 million. Interestingly, despite the opportunity to cash out during Ethereum’s peak above $4800 and potentially make over $23 million in profit, the whale chose to sell earlier, indicating a shift in sentiment or a better investment opportunity.
The burning question on everyone’s mind is whether a rise above $2500 in Ethereum’s price could kick off an altseason. The cryptocurrency has been struggling to reclaim its previous highs and defend the $2000 support level. However, recent price action suggests a potential rebound as Ethereum tries to break out of its current range. The weekly chart shows bulls attempting to maintain a bullish pattern above a crucial ascending trend line established since Q4 2020. If Ethereum can secure levels above the 200-day EMA and surpass key resistance levels, a bullish continuation may be in sight. The formation of a double bottom on the weekly RSI also signals a potential uptrend.
In conclusion, Ethereum’s price outlook remains uncertain, with a possible bullish scenario if key levels are maintained. However, a failure to hold support could lead to a drop to $1500, jeopardizing the possibility of an altseason. Traders and investors are closely monitoring Ethereum’s price movements for clues on the market’s future direction.
