Ethereum eyes $2,000: Why May could be ETH’s best month yet
The post Ethereum eyes $2,000: Why May could be ETH’s best month yet appeared on BitcoinEthereumNews.com.
Ethereum’s Taker Buy-Sell Ratio hits a 2025 high, signaling rising bullish sentiment in futures markets. Historically strong May performance and technical support near $1,800 set the stage for a potential ETH breakout. Ethereum [ETH] may be gearing up for a breakout. The Taker Buy-Sell Ratio has risen to a year-to-date high of 1.10, indicating stronger buying pressure in the futures market. This surge suggests growing aggressiveness from buyers, reflecting a shift in sentiment around Ethereum. Historically, May has been a favorable month for ETH’s price performance. Now, the focus is on whether this renewed momentum can evolve into a sustained rally. Futures traders turn decisively bullish Ethereum’s Taker Buy-Sell Ratio has climbed to 1.10, marking its highest level in 2025 so far. This indicates that buyers are increasingly aggressive, dominating the futures market. The surge reflects growing confidence among traders, signaling strong conviction in ETH’s upward momentum. Source: CryptoQuant Notably, this spike aligns with ETH maintaining levels above $1,800, even as broader market sentiment remains cautious. The last time the Taker Buy-Sell Ratio reached similar levels was early January, just before a brief rally. This time, however, key factors point to a potentially stronger breakout. ETH has established a stable price floor, and historical seasonality favors upward momentum. These elements suggest the possibility of a more sustained price surge. May: Ethereum’s sweet spot If history is any guide, May could be a turning point for Ethereum. Source: Coinglass According to Coinglass data, May has historically been Ethereum’s best-performing month, with an average return of 27.36% across the calendar year. The median return of 6.96% further supports this trend, highlighting standout gains in 2017, 2019, and 2021. While recent years have shown mixed results, 2023 posted a modest 2.44% increase. Despite this, May remains known for strong upside momentum, making it…
Filed under: News - @ May 5, 2025 9:27 am