ETHEREUM was less than Bitcoin's performance through most of the standards this year, as it remained in the technical bear market after it decreased by 22 % of its highest levels in 2024.

ethereum (EthHe decreased to $ 3,200, and he is hovering near his lowest level since December 2024. This decrease is to the continued sale of ETHEREUM for large ETH property and market share that loses the network to competitive chains such as TON (TON (TON (TON)TX) And Solana (Teller).

However, many factors indicate that Ethereum may be ready to bullish penetration, and may reach $ 5,000 in the coming weeks.

First, the Ethereum price works well in February. Since 2019, Ethereum has published positive returns every February. His average performance in February since 2017 was 17 %. Although historical trends do not guarantee future results, there is increasing optimism that Ethereum can see gains in February.

Second, data from Coinglass shows that ETHEREUM assets on the central stock exchanges have decreased in recent days. The total volume decreased to 16.04 million, a decrease from this month of 16.09 million. The decline in the exchange balances indicates that holders transfer ETH to the portfolio of self -needs, an emerging signal indicating low sale pressure.

More data shows that Ethereum whales continued to collect the currency. 13 whales took the crash of the two as a sign of accumulation, a sign that it expects to continue to rise. One of the prominent buyers of Ethereum is the global freedom funding for Donald Trump, which is now He carries ETH is a value of approximately $ 200 million.

Ethereum prices analysis

The weekly graph shows that Ethereum has formed a reverse and shoulder head, as the neckline is 4,085 dollars. This style is the widely recognized upscale reversal signal. A certain outlook over the neckline can indicate more gains.

Ethereum also move to the fourth part of the Elleot Wave style. This stage usually follows the fifth stage, which is often a thunderbolt sign.

It supports medium -moving metal currency for 50 weeks and 100 weeks. If Ethereum collapses over the H &S neckline at 4,085 dollars, it may collect it more, which may reach the psychological level of $ 5,000.