If this crisis condition is met (analyst), $3,000 for Ethereum (ETH).

tl; dr

• Ethereum shows signs of life after a brutal crash, whales are shopping, and analysts are looking at a potential breakout to $3,000.

• Despite growing optimism, warning signals such as rising exchange influx and high RSI suggest that assets can witness another pullback in the short term.

Is it finally showtime?

Ethereum (ETH) has had a catastrophic first quarter of 2025. crash Almost 50%. Some assumed the worst was over, but the beginning of April brought even more pain.

The World Trade War escalated this month, which took a blow to ETH. Assets are temporarily Immered Lowest point up to $1,400 More 2 years.

However, last week it was the second largest cryptocurrency. It witnessed a solid revival, and rose 13%. It currently trades for around $1,670, an increase of 4.5% on a daily scale.

According to some well-known analysts and market observers, the assets have not yet expressed significant profits. X User Curl Moon I said His nearly 1.5 million followers are trying to get ETH out of the downward channel. He believes there is a possibility that ratings will rise sharply. What a thing “In the next few days” from 80% to $3,000.

Sheldon ~ He Sniper, another prominent analystAlso Spots That eth Try it Assuming this could be a sign of a gathering, it moves above the upper boundary of the falling wedge pattern.

X-user Crypto King Discussed Assets are currently in a “big accumulation zone.” They reminded me that Whales have recently acquired and purchased ETH worth millions of dollars.

“In the long term, a $4,500 ETH should justify,” the analyst concluded.

Today (April 14th), Cryptogoos It was revealed The mysterious whale spent about $7 million to buy 4,208 ETH. Additionally, Lookonchain revealed another large investor has accumulated 15,953 ETH at over $26 million.

Such moves are usually considered bullish as they reflect strong confidence in their assets from major players.. this Other investors can encourage them to trace the lawsuit and inject fresh capital into the ecosystem.

Not outside the forest yet

Against optimism from The aforementioned analystsome technical indicators suggest that another revision may be ongoing.

For example, Eth’s ExchangeNetflow was positive last week. Signaling Migration from an independent platform to a centralized platform. this can be interpreted as It’s a bearish factor as it increases immediate sales pressure.

The relative strength index (RSI) of ETH is also worth observing. The metrics can vary from 0 to 100, which helps traders find reversals of potential trends. Measures above 70 suggest that assets have entered areas where they have been over-acquired. I’m heading For pullbacks. Currently, RSI stand Just south of the bear zone.