ETH’s selling pressure has significantly decreased, enhancing the potential for a rally in the second quarter of 2025. This shift may encourage bulls to push prices up further.
SharpLink recently raised 425 million USD to invest in ETH, reflecting increasing corporate interest. Additionally, realized profits exceeded 1 billion USD in May, though profit-taking has eased recently.
Currently, ETH is trading above the 200-day Exponential Moving Average, with expectations to hover between 2,300 USD and 2,800 USD in the short term as market catalysts shape its movement.
Leave a Reply