{"id":831824,"date":"2025-03-05T14:13:09","date_gmt":"2025-03-05T20:13:09","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/05\/is-ethereum-quietly-building-momentum-for-a-rally-analysts-weigh-in\/"},"modified":"2025-03-05T14:13:09","modified_gmt":"2025-03-05T20:13:09","slug":"is-ethereum-quietly-building-momentum-for-a-rally-analysts-weigh-in","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/05\/is-ethereum-quietly-building-momentum-for-a-rally-analysts-weigh-in\/","title":{"rendered":"Is Ethereum Quietly Building Momentum for a Rally? Analysts Weigh In"},"content":{"rendered":"

Bitcoins <\/p>\n

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Ethereum\u2019s recent price performance indicates a departure from the negative trends<\/a> that are seen in the broader cryptocurrency market.<\/p>\n

While assets such as Bitcoin have faced downward pressure, Ethereum managed a slight positive move yesterday, pushing its market value<\/a> back above $2,700. Amid this price move, questions have been raised about whether the asset might be quietly building momentum for a sudden rally<\/a>.<\/p>\n

Quiet Moves Behind The Scenes<\/h2>\n

Santiment, a well-regarded market intelligence platform has recently highlighted this price performance from ETH on X, noting<\/a> that Ethereum has outpaced many altcoins at the start of the week.<\/p>\n

This performance as reported by Santiment may be attributed to the ongoing trend of ETH moving from exchanges into cold wallets at an accelerating rate.<\/p>\n

\"bitcoins
Ethereum sees a dropping exchange supply and increased crowd attention. | Source: Sentiment on X<\/figcaption><\/figure>\n

In fact, only 6.38% of the available supply remains on exchanges, the lowest figure since Ethereum\u2019s inception, according to Santiment. Santiment also revealed that renewed interest from the ETH community appears to be another factor behind this momentum.<\/p>\n

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???? Ethereum has shown mild signs of a rebound, currently back up to a market value of $2,745 and outpacing most altcoins to start the week. From a long-term perspective, ETH continues to move off of exchanges and into cold wallets at a shocking pace, with just 6.38% of the\u2026 pic.twitter.com\/4MTJgpOLDT<\/a><\/p>\n

\u2014 Santiment (@santimentfeed) February 17, 2025<\/a><\/p>\n<\/blockquote>\n

Having underperformed compared to other large-cap assets throughout 2024, Ethereum is now drawing attention as market participants begin anticipating a rebound when broader market conditions improve.<\/p>\n

Santiment\u2019s analysis points to these movements as early indicators that Ethereum may be positioned for more sustained growth<\/a> in the coming months.<\/p>\n

A Potential Upside for Ethereum and Altcoins<\/h2>\n

Looking ahead, various market analysts have shared optimistic outlooks for Ethereum\u2019s performance. Javon Marks, for example, sees ETH emerging from a lengthy consolidation phase.<\/p>\n

According to Marks, the asset could potentially<\/a> recover over 72% from its current levels, returning to its all-time high zones. Such a move might also spark significant bullish momentum for other altcoins, further enhancing Ethereum\u2019s role as an altcoin market leader.<\/a><\/p>\n

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Coming out of what may have only been a massive bottoming\/consolidation, $ETH<\/a> could be setting up here for an over +72.1% surge in a recovery back to its ATH areas!<\/p>\n

Ethereum could still have a major upside coming, and this could also aid alts into significant bull moves as well. https:\/\/t.co\/yKb13rWh99<\/a> pic.twitter.com\/6fLTjolHQ0<\/a><\/p>\n

\u2014 JAVON\u26a1\ufe0fMARKS (@JavonTM1) February 17, 2025<\/a><\/p>\n<\/blockquote>\n

Another perspective comes from crypto analyst Ali, who identified<\/a> a crucial support level at $2,425. This level is noteworthy as it represents the accumulation zone for 10.33 million wallets holding a total of 62.43 million ETH.<\/p>\n

\"bitcoins
ETH price is moving downwards on the 2-hour chart. Source: ETH\/USDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Featured image created with DALL-E, Chart from TradingView<\/p>\n<\/p><\/div>\n

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Bitcoins
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\n\t\t\t\t\tSamuel Edyme\t\t\t\t<\/a>
\n\t\t\t<\/h2>\n
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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others.<\/p>\n

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Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis.<\/p>\n

Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics.<\/p>\n

When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026)<\/p>\n

Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life.<\/p>\n

In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.<\/p>\n

Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think’s probably unfeasible, I’ve done already a hundredfold.\u201d<\/p>\n

PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

Disclaimer:<\/strong> The information found on NewsBTC is for educational purposes
\n\t\t\t\t\t\t\tonly. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any
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Samuel Edyme Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum\u2019s recent price performance indicates a departure from the negative trends that are seen in the broader cryptocurrency market. While assets such as Bitcoin have faced downward pressure, Ethereum managed a slight positive move yesterday, pushing its market value back above $2,700. Amid this price move, questions have been raised about whether the asset might<\/p>\n","protected":false},"author":1,"featured_media":831825,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25740,210],"tags":[11476],"class_list":["post-831824","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum","category-quietly","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/831824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=831824"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/831824\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/831825"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=831824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=831824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=831824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}