- Ethereum’s price is set to surge by 250% as market shifts toward crypto, driven by China’s new tariffs and increased whale accumulation.
- With strong technical indicators and growing DeFi demand, ETH could break past $1,900 and reach $3,200 in 2025.
Ethereum (ETH) has been experiencing a wave of optimism amidst a broader cryptocurrency rally. On April 5, Ethereum traded near $1,811, marking a slight 0.38% increase, while other major cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP saw stronger gains. However, Ethereum’s recent price movements reflect a broader trend of market uncertainty and evolving economic conditions—especially with China’s recent imposition of a 34% tariff on U.S. goods. This geopolitical shift could serve as a catalyst for Ethereum’s price to surge by an impressive 250%, reaching $3,200.
Also read: IOTA Forms Bullish Falling Wedge: Is a Breakout to $0.59 Next?
Despite Ethereum‘s recent struggles, which included a 5% dip in response to a wider market correction, the token’s long-term prospects remain strong. Ethereum’s whales—wallets holding between 10,000 and 100,000 ETH—have been steadily increasing their holdings since February 2025. This accumulation trend signals confidence in the network’s future performance, with larger investors positioning themselves for potential gains.
Technical analysis supports the bullish outlook for Ethereum. The formation of a falling wedge pattern, historically linked with bullish breakouts, suggests a strong upward move. Analyst John Morgan predicts that ETH could break the $1,900 resistance level, signaling the start of an impressive rally. With solid support around $1,804 and bullish momentum in key indicators like the MACD crossover, Ethereum is positioned for significant price growth in the coming months.
Macro conditions are also favoring Ethereum’s rise. The U.S. Federal Reserve’s recent pause on rate hikes combined with global market instability could drive more capital into decentralized finance (DeFi). As traditional financial instruments offer lower yields, Ethereum stands to benefit from increased demand, given its dominance in the DeFi sector.
Additionally, China’s tariff decision has sparked volatility in the global stock markets, pushing investors to seek safer, alternative assets like cryptocurrency. This shift away from traditional equities, particularly as Bitcoin’s correlation with the Nasdaq 100 weakens, is likely to fuel further growth in Ethereum.
While some analysts caution that Ethereum could dip to lower support levels near $1,130 before a bullish breakout, the overall sentiment remains positive. As macroeconomic conditions evolve and Ethereum’s accumulation trends continue, ETH appears well-positioned for a major rally in 2025.