In recent days, the cryptocurrency market has seen a significant shift in sentiment, especially for Ethereum (ETH). While the price of Bitcoin (BTC) continues to rise slightly, Ethereum has shown much stronger gains. Specifically, ETH recorded an increase of over 12% in just a few trading sessions, compared to the 4%-5% rise of BTC. This positive trend has pushed ETH to an important resistance zone – if successfully broken, ETH could become one of the strongest rising coins in May 2025.

Strong Institutional Cash Flow

Notably, there has been a 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. Furthermore, the amount of ETH flowing into accumulation addresses has also surged to a 'crazy' level, highlighting a stealthy accumulation move 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 seizing the opportunity to accumulate with expectations of a strong price increase in the near future.

Technical Factors Supporting the Uptrend

From a technical analysis perspective, the weekly chart of ETH shows that this coin is approaching the upper edge of a prolonged accumulation zone. A breakout from this area could trigger a strong price increase. Two important indicators, Ichimoku Cloud and DMI, are both preparing to cross upwards – a confirming sign of the potential start of a new bullish cycle.

Additionally, ETH is fluctuating between the 50-day and 200-day moving averages, serving as key support and resistance levels. The fact that ETH has never witnessed a 'death cross' on the weekly chart further strengthens the argument for a sustainable uptrend. The current price position between these two MA lines indicates 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 may become a strong support base for the next rally. When that happens, the ETH price is likely to quickly reach the trend reversal zone around $3,000. If buying pressure continues to be maintained, it is not excluded that ETH will continue to break through and rise to higher milestones 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 the long-term price increase potential.

Conclusion

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