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cryptonews 2025-05-17 13:45:57

Ethereum Price Prediction: ETH Surges 5.7% to $2,495 in Explosive Weekly Rally as Whales Accumulate While Bitcoin Approaches $104K Resistance

Ethereum Price Prediction: ETH Surges 5.7% to $2,495 in Explosive Weekly Rally as Whales Accumulate While Bitcoin Approaches $104K Resistance

Ethereum (ETH) has risen 5.7% this week and is at an intraday high of $2,495. The rally is driven by a accumulation phase from big holders. According to on-chain analyst Ali Martinez, Ethereum whales have added over 450,000 ETH to their stacks in the last month. This accumulation trend matches the market volatility and growing institutional interest in digital assets. Ethereum’s daily trading volume is now over $20.9 billion, even though the price is struggling to break above $2,500. Whales have accumulated over 450,000 #Ethereum $ETH in the past month! pic.twitter.com/iog41CbHLo — Ali (@ali_charts) May 17, 2025 Ethereum is the second largest cryptocurrency by market cap, currently at $298 billion, with a circulating supply of 120.7 million ETH. Ethereum Faces Resistance Despite the weekly rally, Ethereum is now facing resistance. The price is at $2,478, just below the 50-period EMA ($2,535). A descending triangle is forming on the 2-hour chart—a bearish setup—marked by lower highs and support at $2,420. Ethereum Price Chart – Source: Tradingview Resistance zones: $2,535, $2,591, $2,648 Support zones: $2,420, $2,348, $2,278 Bias: Bearish below $2,535 The MACD momentum indicator agrees with this view, the histogram and signal lines are below zero. Recent candle structure shows weak buying interest, more likely to break down. Ethereum Trade Setup: Watch for Triangle Break Ethereum price prediction is coiled, waiting to break out. A strong move below $2,420 with volume could trigger a deeper pullback to $2,348 and $2,278. A bullish engulfing candle above $2,535 would invalidate the bearish thesis and open up for a retest of $2,648 and maybe higher. Short trade setup: Entry: Below $2,420 Target: $2,348 and $2,278 Stop-loss: Above $2,515 For now, we wait. Whales are buying and overall crypto is bullish, so Ethereum’s next big move will come with Bitcoin’s move near $103K. Watch for clean breaks or rejections. BTC Bull Token Nears $6.84M Cap as 71% Staking Yield Drives Demand As Bitcoin stabilizes above $102K, investor focus is shifting toward yield-generating altcoins—none more so than BTC Bull Token ($BTCBULL) . The token has now raised $5.87 million out of its $6.84 million presale goal, with a price increase looming as it enters its final funding stretch. What sets BTCBULL apart is its flexible staking model, offering an estimated 71% annual yield with no lockups or withdrawal penalties. This approach gives investors the freedom to earn passive income while maintaining full liquidity—an attractive alternative to traditional DeFi staking protocols. Key Stats: USDT Raised: $5,878,513.14 / $6,844,387 Token Price: $0.002515 Staking Pool: 1.47B BTCBULL Yield: 71% APY BTCBULL merges the viral appeal of meme tokens with the real-world utility of DeFi, making it a standout pick for those looking to capitalize on the 2025 crypto cycle. With under $1 million left before the next price tier, entry at current levels is limited—fueling urgency among retail investors seeking early access to passive yield. The post Ethereum Price Prediction: ETH Surges 5.7% to $2,495 in Explosive Weekly Rally as Whales Accumulate While Bitcoin Approaches $104K Resistance appeared first on Cryptonews .

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