Ethereum has recently broken through the $3,600 mark, echoing its impressive performance from May 2025. This surge has sparked optimism among investors and analysts, who see potential for further gains in the near future.
Ethereum’s Current Performance
As of July 18, 2025, Ethereum (ETH) is trading at $3,619.96, reflecting a significant increase from its previous close. The day’s trading range has seen a high of $3,669.53 and a low of $3,376.18.
Drawing Parallels to May 2025
In May 2025, Ethereum experienced a notable rally, climbing from approximately $1,770 to a peak of $2,650 within a month—a gain of over 40%. This pattern began with an initial surge, followed by a period of sideways movement, and concluded with a final push to the peak. Analysts observe that Ethereum’s current price behavior mirrors this sequence, suggesting the possibility of a similar upward trajectory.
Analyst Insights
Crypto analyst CryptosBatman has highlighted that Ethereum is forming a triangle pattern akin to the one observed in May 2025. This pattern typically involves a consolidation phase, where the price moves sideways as investors take profits, before breaking out into a new rally. According to this analysis, once the current consolidation phase concludes, Ethereum could target levels above $3,600.
Factors Fueling the Bullish Momentum
Several elements are contributing to Ethereum’s positive outlook:
- Institutional Investment: The approval of spot Ethereum ETFs has led to increased institutional interest. Since mid-November, these ETFs have attracted over $1.3 billion in inflows, with major players like BlackRock’s iShares Ethereum Trust leading the charge. This influx of capital reflects growing confidence in Ethereum’s long-term potential. (holder.io)
- Technical Indicators: Ethereum’s price charts are displaying bullish patterns. The formation of a cup and handle pattern suggests potential targets of
$4,204
in the short term and up to$5,500
by the end of 2025. Additionally, the recent Golden Cross—a bullish signal where a short-term moving average crosses above a long-term one—indicates growing momentum. (en.crypto-news.media) - On-Chain Activity: There’s been a notable increase in Ethereum being withdrawn from exchanges and staked on the Beacon Chain. Over 32.8 million ETH are now locked in staking, representing more than 25% of the total supply. This reduction in available supply can create upward pressure on the price. (turkishnyradio.com)
Looking Ahead
If Ethereum continues to follow the pattern established in May 2025, and with the support of strong institutional investment and favorable technical indicators, the cryptocurrency could be on track to reach new all-time highs. Analysts have set ambitious targets, with some predicting prices as high as $15,937 by May 2025. (holder.io)
However, it’s essential for investors to remain cautious. While historical patterns and current indicators are promising, the cryptocurrency market is known for its volatility. Staying informed and considering both technical analysis and broader market trends will be crucial for those looking to navigate Ethereum’s potential path to $10,000 and beyond.
Ethereum’s Path to $10,000: Analysts Weigh In:
also read:Ethereum Price Jumps Amid Short Liquidations and Binance Activity