Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Here’s when Ethereum’s ‘real breakout begins’ as whales go big on ETH

03/08/2025

GSR Invests $100M in MEI Pharma to Launch Litecoin Treasury Strategy

03/08/2025

SEC Chair Paul Atkins Makes Historic Cryptocurrency Statements – Here Are the Details

03/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Expert Says If You’re Already a Millionaire, You Must Own 1 Full Bitcoin

    03/08/2025

    Bitcoin Beats Gold as 2025’s Top Asset with $123K Price Breakout

    02/08/2025

    Saylor’s Strategy Bags $31B in Unrealized Profits as Bitcoin Hits $122K

    02/08/2025

    Bitcoin hit a new all-time high of $123,400 on Monday after massive ETF inflows

    02/08/2025

    Here’s when Ethereum’s ‘real breakout begins’ as whales go big on ETH

    03/08/2025

    Traders predict Ethereum price for August 1, 2025

    03/08/2025

    New Ether Treasury Firm ‘ETHZilla’ Emerges With $425M Funding and a DeFi Twist

    02/08/2025

    BitMine Still Ahead Despite SharpLink’s Latest Ether Purchase

    02/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Ethereum Collections Lead NFT Sales Today

    03/08/2025

    how NFTs became a global brand and a Web3 “social currency”

    02/08/2025

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    02/08/2025

    Labubus have succeeded in every way that NFTs have failed

    01/08/2025

    Here’s when Ethereum’s ‘real breakout begins’ as whales go big on ETH

    03/08/2025

    GSR Invests $100M in MEI Pharma to Launch Litecoin Treasury Strategy

    03/08/2025

    SEC Chair Paul Atkins Makes Historic Cryptocurrency Statements – Here Are the Details

    03/08/2025

    StarAI Joins Self Chain Ecosystem, Ushering in a New Era of Decentralized Creativity

    03/08/2025
  • Blockchain

    StarAI Joins Self Chain Ecosystem, Ushering in a New Era of Decentralized Creativity

    03/08/2025

    Zoro and Endless Protocol Join Forces to Build Privacy-Preserving AI Agents

    03/08/2025

    Pakistan forms ties with Kyrgyzstan to collaborate on crypto and blockchain innovation

    03/08/2025

    Ispolink Joins Forces with ZK Zyra to Bring Zero Knowledge Proofs to AI-Powered Web3 Games

    02/08/2025

    IONOS’ InternetX plans to tokenize 22M domains through Doma Protocol

    01/08/2025
  • DeFi

    Spheron Adds Allora for No-Code AI Automation in DeFi

    03/08/2025

    Strobe Finance Launches on Axelar Network to Power DeFi Capabilities, Cross-Chain Interoperability

    02/08/2025

    Chainlink introduces new pricing methodology for DEX-traded assets

    02/08/2025

    Why This DeFi Dip Might Be the Start of a Major Rotation?

    02/08/2025

    Lido cuts staff, Curve rethinks L2s

    02/08/2025
  • Metaverse

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025
  • Regulation

    GSR Invests $100M in MEI Pharma to Launch Litecoin Treasury Strategy

    03/08/2025

    Cantor Fitzgerald’s Astounding $500 Prediction Unveiled

    03/08/2025

    Mercurity Fintech Secures $200 Million Credit to Build a Solana (SOL) Treasury

    03/08/2025

    Companies holding crypto is only Phase One

    02/08/2025

    Citadel and SIG-Affiliated Heights Capital Acquire Nearly 20% Stake in Nano Labs

    02/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    9GAG and Moonit Unleash Real-Time Tokenization of Viral Content

    03/08/2025

    According to Analysts, This Signals Something

    03/08/2025

    Solana DEX volume dips 20% after co-founder slams meme coins

    02/08/2025

    Alchemy Pay Adds Pendle Finance to Fiat On-Ramp for Seamless DeFi Access

    02/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    02/08/2025

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    01/08/2025

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    31/07/2025

    PEPE GAMES Integrates with GaFin to Power the Meme Gaming Hub

    30/07/2025

    Is solo Bitcoin mining making a comeback?

    02/08/2025

    Bitdeer’s Remarkable 63.1 BTC Weekly Success

    02/08/2025

    Sanctioned nations are secretly mining Bitcoin and the clues are in the hash rate

    02/08/2025

    Bitcoin Mining Profitability Last Month Hit Highest Level Since the Halving: JPMorgan

    01/08/2025

    SEC Chair Paul Atkins Makes Historic Cryptocurrency Statements – Here Are the Details

    03/08/2025

    Crypto Legislation To Watch This Fall

    03/08/2025

    Panama Crypto Law Aims To Make The Country A Bitcoin Hub

    03/08/2025

    Hong Kong Kicks Off Stablecoin Licensing Regime With Eye on Global Hub

    02/08/2025

    Here’s when Ethereum’s ‘real breakout begins’ as whales go big on ETH

    03/08/2025

    GSR Invests $100M in MEI Pharma to Launch Litecoin Treasury Strategy

    03/08/2025

    SEC Chair Paul Atkins Makes Historic Cryptocurrency Statements – Here Are the Details

    03/08/2025

    StarAI Joins Self Chain Ecosystem, Ushering in a New Era of Decentralized Creativity

    03/08/2025
  • MarketCap
NBTC News
Home»Ethereum»Ethereum (ETH) Price Could Get a Boost as Whales Return to the Market
Ethereum

Ethereum (ETH) Price Could Get a Boost as Whales Return to the Market

NBTCBy NBTC07/01/2025No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Ethereum (ETH) price has gained 6% over the past week, attempting to build momentum for a surge toward the $4,000 level. The recent formation of a golden cross, combined with an RSI currently at 63.6, shows the potential for continued upward movement.

Additionally, whale accumulation has resumed, with the number of wallets holding at least 1,000 ETH rebounding after a brief decline earlier in January. As ETH hovers near key support and resistance levels, its ability to maintain bullish momentum will be critical in determining whether it can sustain its rally or face a pullback.

ETH RSI Is Down From 70

Ethereum Relative Strength Index (RSI) is currently at 63.6, after briefly surpassing the overbought threshold of 70 between January 3 and January 4. The RSI measures the speed and magnitude of price movements on a scale from 0 to 100, offering insights into market momentum.

Readings above 70 indicate overbought conditions, suggesting a potential pullback, while readings below 30 signal oversold conditions, which may point to a price recovery. ETH’s current RSI below 70 indicates that while buying pressure has eased, bullish momentum still remains in play.

ETH RSI. Source: TradingView

At 63.6, ETH’s RSI suggests a neutral-to-bullish outlook for the short term. The retreat from overbought levels could indicate that the asset is entering a phase of consolidation or mild correction as traders take profits.

However, the RSI remains comfortably above 50, highlighting continued buying interest. If the RSI rises again toward 70, ETH could see renewed upward momentum, but a further drop below 50 might signal waning bullish momentum, potentially leading to a broader price retracement.

Ethereum Whales Are Accumulating Again

The number of Ethereum whales holding at least 1,000 ETH reached a month-high of 5,634 on December 25 before declining to 5,604 by January 2. Tracking whale activity is crucial because these large holders can significantly influence market trends.

An increase in whale accumulation often signals growing confidence in the asset, potentially driving prices higher, while a decline may indicate reduced interest or selling pressure.

Addresses with Balance >= 1,000 ETH. Source: Glassnode

After reaching 5,604 on January 2, the number of whales began climbing again and now stands at 5,615. This rebound in whale activity suggests renewed interest from large investors, which could support ETH price in the short term.

If the upward trend in whale accumulation continues, it could indicate growing market confidence and increased buying pressure, potentially fueling further price gains. Conversely, any decline in whale activity might signal hesitation among major investors, which could weigh on ETH momentum.

ETH Price Prediction: Will the $3,543 Support Hold Strong?

Ethereum price recently formed a golden cross on January 4, a bullish signal that occurs when the short-term EMA crosses above the long-term EMA. While ETH price has yet to see significant gains following this formation, the technical setup suggests potential upward momentum.

If the uptrend strengthens, supported by RSI levels and renewed whale activity, ETH price could test the resistance at $3,827. A breakout above this level could pave the way for further gains, targeting $3,987 next.

ETH Price Analysis. Source: TradingView

However, the support at $3,543 is critical for ETH to maintain its current uptrend. If this support fails, ETH could face increased selling pressure, potentially reversing its momentum. In such a scenario, ETH might retest lower levels, with key support zones at $3,300, $3,200, and $3,096 coming into focus.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Here’s when Ethereum’s ‘real breakout begins’ as whales go big on ETH

03/08/2025

Traders predict Ethereum price for August 1, 2025

03/08/2025

New Ether Treasury Firm ‘ETHZilla’ Emerges With $425M Funding and a DeFi Twist

02/08/2025

BitMine Still Ahead Despite SharpLink’s Latest Ether Purchase

02/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Here’s when Ethereum’s ‘real breakout begins’ as whales go big on ETH

03/08/2025

GSR Invests $100M in MEI Pharma to Launch Litecoin Treasury Strategy

03/08/2025

SEC Chair Paul Atkins Makes Historic Cryptocurrency Statements – Here Are the Details

03/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.