According to glassnode, Ethereum (ETH) broke above its Realized Price at $1,900 in May 2025, signaling that the average ETH holder is now in profit—a key bullish indicator for traders. The price has also surpassed the True Market Mean at $2,400, reinforcing positive momentum. However, glassnode highlights that reclaiming the Active Realized Price at $2,900 is crucial for further market confidence and sustained upward movement. Traders should watch for a confirmed breakout above $2,900 as a strong signal of continued bullish sentiment in the ETH market (source: glassnode, May 23, 2025).

According to Crypto Rover, Ethereum (ETH) is currently exhibiting price patterns similar to previous bullish cycles, suggesting a possible repeat of historical upward trends. The chart shared by Crypto Rover highlights key technical indicators, such as support and resistance levels, which historically preceded significant rallies in ETH price. Traders are closely watching these signals as repeating patterns often lead to increased market activity and volatility. This development is critical for crypto market participants as historical pattern repetition can provide actionable entry and exit points for ETH trading. Source: Crypto Rover (@rovercrc), May 15, 2025.