In recent days, the cryptocurrency market has seen a significant change in sentiment, especially for Ethereum (ETH). While Bitcoin (BTC) prices continue to rise slightly, Ethereum has demonstrated a significantly superior increase. Specifically, ETH recorded an increase of over 12% in just a few trading sessions, compared to a 4%-5% increase for BTC. This positive momentum has brought ETH to an important resistance zone – if it breaks through successfully, ETH could become one of the strongest performing coins in May 2025.

Strong Institutional Cash Flow

A notable point is the significant increase in interest from financial institutions towards ETH. According to the latest data, in the last trading session, institutions sold nearly 889 BTC but bought up to 5,410 ETH – indicating a strategic shift in investment towards Ethereum. Moreover, the amount of ETH flowing into accumulation addresses has also surged to a 'crazy' level, highlighting the stealthy accumulation by 'whales'.

This becomes even clearer when considering the current market situation: the price of ETH has stagnated for a long time, causing many retail investors to lose patience and sell off. Meanwhile, large institutions are quietly taking advantage of the opportunity to accumulate with expectations of a strong price increase in the near future.

Technical Factors Supporting Uptrend

In terms of technical analysis, the weekly chart of ETH shows that this coin is approaching the upper edge of an extended accumulation zone. A breakout from this zone could trigger a strong price rally. Two important indicators, the Ichimoku Cloud and DMI, are both preparing for a bullish crossover – a sign confirming the potential start of a new price uptrend.

Additionally, ETH is fluctuating between the 50-day and 200-day moving averages, which serve as key support and resistance levels. The fact that ETH has never witnessed a 'death cross' on the weekly chart further reinforces the argument for a sustainable uptrend. The current price position between these two MA lines suggests a high likelihood that ETH will bounce back.

Price Target in May 2025

Currently, Ethereum is trying to break through the key resistance level at $2,800 – if successful, this price level could become a solid support for the next rally. When that happens, the price of ETH is likely to quickly reach the trend reversal zone around $3,000. If buying pressure continues, it is possible that ETH will continue to break through and reach higher levels like $3,300 and even $3,500 in the short term.

Additionally, the recent Pectra upgrade has contributed to increasing the ETH burn rate – a 'deflationary' factor, further boosting investor optimism about long-term price increases.

Conclusion

Ethereum is on the verge of a crucial breakout after a long accumulation period. With support from both technical factors and institutional cash flow, combined with strategic network upgrades, ETH has a real chance to reach the $3,300 mark in May 2025. Investors need to closely monitor resistance levels and confirmation signals to seize the best opportunities.