Ethereum rising to $3.3K proves the bottom is in: Is a 100% ETH rally next?

16 hours ago

Ether (ETH) climbed 7% successful the past day, reclaiming its 50-week moving mean (MA) adjacent $3,300, an occurrence that has historically preceded beardown terms rallies.

Key takeaways:

Ethereum whitethorn person recovered a level astir $2,800, signaling a section bottom.
Ether terms antecedently roseate 100% aft reclaiming the 50-week moving average.
Ethereum whales accumulated astir 1 cardinal ETH implicit 3 weeks.

Past breakouts led to 97%-147% ETH terms rallies

Data from Cointelegraph Markets Pro and TradingView shows that the ETH/USD brace bounced from $2,800 support, rising 20% to the existent terms astatine $3,362.

This breakout has seen Ether’s terms reclaim a cardinal trendline — the 50-week exponential moving mean (EMA) — expanding the likelihood of a steeper ascent successful the coming days oregon weeks.

Previous instances amusement that ETH tends to emergence sharply erstwhile the terms closes supra the 50-week EMA (purple wave). The altcoin’s gains were 147% betwixt October 2023 and March 2024, and 97% successful Q3 2025.

“$ETH is backmost supra its 50-day MA. I would emotion to spot a interruption supra the 200-day MA astatine $3,500 successful the coming days with the bulls flipping this country arsenic support,” said capitalist StockTrader_Max successful a Tuesday station connected X, adding:

“Once flipped to support, the ATH’s astatine $5,000 go the adjacent target!”

Fellow expert CyrilXBT said the “50-week MA is present a cardinal enactment to hold” successful bid to summation the chances of a propulsion toward the $4,000 area.

As Cointelegraph reported, the ETH terms has ended its 5-month downtrend against Bitcoin, projecting 170% gains to 0.09 BTC successful nether 2 months.

Ethereum whale buying bullish for ETH price

Ether’s bullishness connected Wednesday is preceded by accrued accumulation by ample investors.

“Ethereum is simply a standout gainer today, climbing +8.5% and seeing an encouraging accumulation signifier from whales and sharks,” said marketplace quality institution Santiment connected Tuesday.

The accompanying illustration shows that these investors person accumulated astir 934,240 ETH, worthy $3.15 cardinal astatine existent rates, implicit the past 3 weeks, portion tiny holders person sold astir 1,041 ETH successful the past 7 days.

“Ethereum soars backmost to $3,400 with an perfect setup of whale and shark accumulation, but retailers are dumping.”

Additional data from CryptoQuant shows that whale wallets holding betwixt 10,000 ETH and 100,000 ETH person reached grounds balances, with the wallets holding implicit 100,000 ETH besides expanding their holdings, indicating bullishness among the bigger cohorts and institutions.

The resumption successful whale involvement coincides with an uptick successful request for spot Ethereum ETF flows, which recorded $177 cardinal successful inflows connected Tuesday, the largest since Oct. 28, per data from SoSoValue.

The ETH Coinbase Premium Index, a measurement of US investors’ interest, remained affirmative over the past week aft being antagonistic for astir a month. This pointed to a instrumentality successful request from US investors, which could propel ETH terms higher.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision. While we strive to supply close and timely information, Cointelegraph does not warrant the accuracy, completeness, oregon reliability of immoderate accusation successful this article. This nonfiction whitethorn incorporate forward-looking statements that are taxable to risks and uncertainties. Cointelegraph volition not beryllium liable for immoderate nonaccomplishment oregon harm arising from your reliance connected this information.

View source