Ethereum Surges Past Key Price Metrics as Bullish Momentum Builds
The post Ethereum Surges Past Key Price Metrics as Bullish Momentum Builds appeared on BitcoinEthereumNews.com.
Ethereum’s latest price action has renewed excitement in the world of crypto, with the second largest digital asset by market capitalization lifting above some key valuation yardsticks and finding a couple of new technical support bases. After several months of sideways action and kind of tepid price performance, Ether (ETH) is starting to show stronger signs of life and price resilience, in a way that seems very evocative of the early stages of a new bull cycle. Ethereum’s market structure appears to be solidifying at about $2,370, and with more inflows from institutions through spot ETFs, it seems like the stage is being set for a potential run toward $3,000—provided, of course, that the resistance levels don’t just hold but get cleared in the next few days. On May 22 (ET), spot Bitcoin ETFs saw a total net inflow of $935 million, marking seven consecutive days of net inflows. Spot Ethereum ETFs recorded a total net inflow of $111 million, with five consecutive days of net inflows.https://t.co/ueXcZjub6m — Wu Blockchain (@WuBlockchain) May 23, 2025 Realized Price Reclaimed: Average Holders Return to Profit Ethereum has, at long last, moved back above its Realized Price of $1,900. This price point is critical, as it reflects the average price at which all ETH in circulation was last moved on-chain. And it serves as a proxy for the average cost basis of market participants. It is not just Ethereum, though, that is enjoying these past few days of price appreciation. Bitcoin, too, has surged in and around the $31,000 range. And it has reclaimed that narrative of steadfastness in the marketplace. Overall, Ether’s performance has yet to rival Bitcoin’s, though, over the past week. Still, ETH holders are finally back to being in the black. ETH is currently trading at $2,400, which is now…
Filed under: News - @ May 24, 2025 6:28 am