Analysts note that Ethereum (ETH) has now collected a combo from several key factors. It was these catalysts that investors have long been waiting to launch a powerful new rally.
In June, the signals of the potential rally Ethereum become more obvious. They form a strong basis for short -term price expectations. We figure out what kind of factors these are.
Ethereum on the verge of the largest breakthrough
Axel Bitblaze (Axel Bitblaze) is a well -known on platform X analyst. He believes that Ethereum is on the threshold of the largest breakthrough in its history. In his opinion, the four main catalysts laid the foundation for the upcoming strong growth.
One of the main reasons for its optimism is aggressive accumulation by BlackRock. Since May 9, 2025, BlackRock bought 269,000 ETH – about $ 673.4 million – without selling a single coin. This indicates a long -term investment strategy in ETH.
Earlier, BlackRock contributed to the growth of the bit to OIN (BTC) from $ 76,000 to $ 112,000 thanks to significant tributaries in its ETF. Now the same happens with ETH. Many analysts believe that this is a strong signal about a possible breakthrough of price. In addition, recently, ETH crypto funds recorded the largest influx from the moment of the US presidential election.
The second factor is a sharp increase in activity in the Ethereum network. Last month, the number of transactions in the network reached 42 million. This is the highest indicator since May 2021. The number of daily active addresses, meanwhile, increased to 440,000. It is also a record value over the past six months. All this indicates the growing use of the network, especially in the fields of Defi and operations with stablecoins.
The third factor is the fall of the ETH/BTC ratio to six years of minimum. The weekly RSI has also reached a record low level, indicating the resellibility of ETH. This often signals the possible turning of the trend. Over the past month, the ETH/BTC pair has already recovered by 30%, which can serve as an early confirmation of the turn.
Axel also emphasized the interest of institutional investors in Ethereum. So, recently, Sharplink Gaming has attracted almost $ 500 million to buy ETH. Given all these factors, Axel predicts that ETH can reach $ 9,000 by the beginning of 2026:
In addition, the amount of Ethereum in stakeing reached a new maximum in June, amounting to 4.65 million ETH. This is almost 30% of the current volume of circulating sentences. Such an increase in steiking ETH led to a decrease in the available offer on exchanges to new minimums in June. The supply deficit and an increase in institutional demand create increasing pressure on prices.
Is Ethereum ready for rally, as in 2017
An experienced Merlijn The Trader trader compared the current price of ETH with the bull market in 2017. He is sure that the token is now ready for an even more powerful breakthrough.
At the time of writing, the ETH has grown by more than 50% since the beginning of May and is traded above $ 2,700. However, a recent Beincrypto analysis indicates that profit fixation has begun. This can be a short -term obstacle to Ethereum’s breakthrough above a week 50 ma, as Merlijn predicts.
Be in the know! Subscribe to Telegram.
Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
