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Ethereum eyes $2,000: Why May could be ETH’s best month yet

CryptoNWZ by CryptoNWZ
May 5, 2025
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Ethereum eyes $2,000: Why May could be ETH’s best month yet
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  • Ethereum’s Taker Purchase-Promote Ratio hits a 2025 excessive, signaling rising bullish sentiment in futures markets.
  • Traditionally robust Could efficiency and technical assist close to $1,800 set the stage for a possible ETH breakout.

Ethereum [ETH] could also be gearing up for a breakout.

The Taker Purchase-Promote Ratio has risen to a year-to-date excessive of 1.10, indicating stronger shopping for strain within the futures market. This surge suggests rising aggressiveness from consumers, reflecting a shift in sentiment round Ethereum.

Traditionally, Could has been a good month for ETH’s worth efficiency. Now, the main focus is on whether or not this renewed momentum can evolve right into a sustained rally.

Futures merchants flip decisively bullish

Ethereum’s Taker Purchase-Promote Ratio has climbed to 1.10, marking its highest degree in 2025 thus far. This means that consumers are more and more aggressive, dominating the futures market.

The surge displays rising confidence amongst merchants, signaling robust conviction in ETH’s upward momentum.

ethereumethereum

Supply: CryptoQuant

Notably, this spike aligns with ETH sustaining ranges above $1,800, at the same time as broader market sentiment stays cautious.

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The final time the Taker Purchase-Promote Ratio reached related ranges was early January, simply earlier than a short rally.

This time, nonetheless, key components level to a probably stronger breakout. ETH has established a steady worth ground, and historic seasonality favors upward momentum. These components counsel the opportunity of a extra sustained worth surge.

Could: Ethereum’s candy spot

If historical past is any information, May might be a turning level for Ethereum.

ethereumethereum

Supply: Coinglass

Based on Coinglass information, Could has traditionally been Ethereum’s best-performing month, with a median return of 27.36% throughout the calendar yr.

The median return of 6.96% additional helps this development, highlighting standout positive aspects in 2017, 2019, and 2021.

Whereas latest years have proven blended outcomes, 2023 posted a modest 2.44% improve. Regardless of this, Could stays recognized for robust upside momentum, making it a carefully watched interval for ETH merchants.

Ethereum’s worth outlook

At $1,819, ETH traded above the important thing $1,800 assist at press time, with a light upward bias. The RSI at 55 confirmed reasonable bullish momentum, neither overbought nor oversold.

Extra notably, the MACD remained in optimistic territory with a widening hole between the MACD and sign strains, hinting at sustained upward strain.

Supply: TradingView

Nonetheless, latest intraday momentum loss and flat buying and selling quantity sign warning for ETH bulls.

To reignite upward motion, consumers should safe a powerful maintain above $1,850. This degree is essential for constructing momentum towards the $2,000 psychological barrier.

For now, Ethereum seems to be consolidating, awaiting both a macro set off or a surge in breakout quantity to drive its subsequent transfer.

Earlier: The BNB setup you can’t ignore! – DEX volume surge and a looming bear trap
Subsequent: A 5% dip for TRON’s price? Weak demand may lead to…



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