Main takeout:
The veteran merchant Peter Brandt suggests that the potential Etherrium rally is $ 3,800- $ 4,800 if the ETH goes beyond the wedge pattern that the ETH rises.
The Taker Buy-Sell ratio drops to less than 1, which can cause short-term fullback and send a signal from a futures trader.
Ethereum’s Aboriginal Token Ether (ETH) opened a weekly candle for $ 1,807 on May 7, and is now close to a 7 -day return of 38%since December 2020.
ETHER also surpassed the realization price of the accumulation address ($ 1,900), which is the signal profit of the user, which is the average cost of the holder. As you can see on the chart, most of the purchase pressure on ETH came from Binance, which is now most actively exchange with ETH traders.
Increased activity and leakage in Binance reflect strong merchant trust, liquidity and continuous optimistic momentum in the current market.
“MOONSHOT” is a new high of Ethereum
Recently, Peter Brandt, a veteran merchant in the X post, emphasized the market structure that can open the way of Ethereum Rally if Altcoin Break passes the main “congestion” pattern. Brandt has confirmed the wedge formation on the chart. Often patterns are often considered weak.
However, he suggested that the brake out on this pattern aims to scope the price of Etherrium to the resistance line of $ 3,800 to $ 4,800.
This analysis shows a remarkable change in the prospect of Brandt from 2024 and coincides with Altcoin’s new optimism.
Ether Leeum futures rose 42% of the public interest (OI), up from $ 21.3 billion to $ 30.4 billion between May 8 and May 11, 2025. The rapid increase in OIs shows strong interest in the ether future and opens the way to potentially increase price volatility.
Related: Altseason is approaching, and 40%of the profits become ‘new normal’ every day -analyzer
Ether Lee’s HTF (Hight-Time Frame) chart reflects the price of the weekly charts that Altcoin jumps towards 50 and 100 weeks index moving average (EMA) over the past few weeks. Historically, this recovery displays the price floor, but after the EMA re -tests, you can see the beginning of a small modification period.
Using the Fibonacci Retress level, ETH re -examined the 0.5 ~ 0.618 range (orange box), which is $ 2,500. This reinvestment represents the first leg of the recovery, but a short -term fullback can occur before the strong operation is developed.
As ETH prices have moved at parabola speeds for the past few days, the liquidation heat map has been highly purchased between $ 2,200 and $ 2,400 after the price of $ 2,608 for a short period of time.
Similarly, the Taker Buy-Sell ratio slowed down on May 10 and began to fall first. The ratio of purchasing volume is divided by the sales volume of the TAKER in permanent exchange transactions, and the ratio of less than 1 means short -term weakness.
Thus, traders can approach more carefully for the next few days, and ethics can be integrated according to the $ 2,500 level.
Related: Ethereum Price Greenlit The Arferfort 29% Eth Rally
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.