Key Insights :
- Ethereum (ETH) price could be flipping a previous horizontal level back into support.
- Whales were accumulating ETH as the altcoin was in a correction.
- The transaction count for Ethereum and its L2s surged despite the recent bear market.
ETH price prediction indicated a possible reversal. The price surged past the $1,800 zone, signaling strong bullish momentum. A rise in whale accumulation supported this movement.
ETH Price Prediction: Key Breakout Levels & Future Trends
ETH price prediction highlighted its breakout above the critical $1,756 resistance. This level has now become support for the first time in several months.
ETH price used this former resistance zone that had caused breakdowns to launch ETH toward $1,822.05. The price area of $1,756 saw a successful recording. This indicated fresh bullish strength alongside heightened volume activity during the breakout phase, as the bars.
The upward trend of Ethereum faced its next resistance point at $2,103.14. It shifted from support to resistance while the ETH price remained within the range of $1,750 to $2,100.
If ETH successfully breaks the $2,103.14 resistance, it could continue its upward trend. This momentum may push the price toward the $2,166.43 area.
From there, per ETH price prediction trends, Ethereum could accelerate toward the $2,300 zone. The price breakdown could return to $1,522.13 if Ethereum failed to sustain above $1,756. This area had previously acted as a reliable demand zone.
The result of a failed breakout validation would lead to short-term bearish pressure re-emerging. The most recent candlestick structure represented aggressive buying that turned into mild pullback candles. This suggested that traders hesitated when prices reached higher levels.
That said, Ethereum required a sustained position above $1,756 to continue prevailing in its market. Despite that, price was not dependent on this metric.
A defensive stance from the Bulls in this zone could show a potential long-term recovery. However, a lack of defense could signal that the upward movement remained a brief interruption in a declining trend.
Whale Activity on Ethereum
Further analysis showed aggressive whale buying activity in terms of purchasing ETH. The accumulation addresses received more than 260K ETH, among the highest in the past twelve months.
ETH price prediction indicated a breakout above the critical level. Accumulation waves in February and November 2024 fueled subsequent uptrends.
Strong buying pressure from whales existed, yet the ETH price remained consistently low at around $1,800. Market activity declined due to uncertain conditions and reduced retail investment. Cautious investor behavior also contributed to the slowdown.
If whales sustain their buying behavior, this is a reliable forecast for elevated prices. ETH was building a foundation for a substantial price increase, which could occur later than expected. Price could remain calm before ascending to the on-chain purchase activities.
Ethereum and its L2s Transaction Count
Ethereum and Layer 2 transactions experienced remarkable growth, rising from 250 million in Q1 2023 to 1.2 billion in Q1 2025. This surge highlights increasing adoption and network expansion. Base accumulated the highest transactions over 600M, followed by Arbitrum and Optimism.
The transaction activity on ETH L1 stayed below 150M each quarter, yet ZKSync and Starknet saw significant growth. However, ETH price showed no correlation to the dramatic increase in network activity.
The investment market held either an excessive awareness, macroeconomic doubt, or a specific interest in alternative asset allocation. This could explain this trend.
The success of ETH as a scalable technology proved its importance in supporting DeFi operations and Web3 development.
The ethical adoption by investors according to its network fundamentals could initiate an ETH price rally. Winding up, ETH users must be careful before investing, as network activity has not yet been converted into sustainable price growth.