Ethereum price rally, as market conditions start to support increasing momentum, is flashing strong positive indications. With whales building ETH and selling pressure declining, recent on-chain data and technical indicators suggest a possible price rally is just around the corner. These days, experts think Ethereum might reach the $5,000 milestone in the next months.
Exhaustion of Sellers Signals Potential Rebound
As selling pressure decreases, Ethereum’s market sentiment is shifting. Tracking buying and selling activity, net taker volume shows that negative momentum is drastically slowing down.
Selling pressure has reached a tipping point, with sellers showing signs of exhaustion.
A decline in net taker volume suggests the market is nearing a bottom.
This sets the stage for the Bulls to take control and drive for a rebound.
“Sellers exiting the market is often a precursor to upward movement,” note market analysts. As Ethereum approaches key support levels with reduced selling, the outlook for ETH price predictions becomes increasingly bullish.
Whale Accumulation Reflects Growing Confidence
Large Ethereum holders—or whales—are stepping in.
Wallets holding 100+ ETH have increased their balances in recent days.
This accumulation trend often signals long-term confidence in Ethereum’s potential.
Whale activity is historically linked to price surges, particularly when it coincides with a decline in market resistance.
ETH whales continue to purchase despite the current volatility, indicating confidence in Ethereum’s future value and potentially creating the conditions for a significant price breakout.
Bullish Cross Technical Indicators Point to Breakout
Ethereum is also showing technical strength on the charts:
A bullish cross between two key moving averages has formed.
This technical pattern occurs when a short-term moving average (MA) crosses above a long-term MA, indicating rising momentum.
Historically, these crosses are followed by significant rallies.
Analysts believe Ethereum is likely to rise significantly higher, as consolidation typically lasts several weeks and a positive cross has now formed.
Ethereum Network Fees Hit 4-Year Low
Improving on-chain fundamentals are adding further fuel to Ethereum’s bullish case:
According to Santiment, ETH gas fees have dropped to $0.168—their lowest since May 2020.
Lower fees enhance scalability and usability, making the Ethereum network more appealing to both developers and users.
Likely driven by Ethereum 2.0 upgrades and increasing Layer 2 adoption, this development could boost user activity and demand for ETH.
“Lower transaction costs not only benefit users but also reflect Ethereum’s progress toward becoming more scalable and accessible,” analysts say.
Will Ethereum Hit $5,000?
With:
Selling pressure is decreasing,
Whale accumulation is rising,
Technical indicators turning bullish,
And on-chain fundamentals improving…
All signs point to Ethereum gearing up for a potential rally toward $5,000.
