1-6-2025 – A rare and potent signal has emerged on the on-chain charts, weaving together spot and futures order flows, cumulative trading volumes, and pivotal moving averages, heralding a bullish outlook for Ethereum (ETH). According to market analyst Darkfost, this alignment, last seen in December 2023, preceded a remarkable surge in ETH’s value, soaring from $2,200 to $4,000. The reappearance of this pattern has sparked keen interest among crypto market observers, hinting at the potential for another significant rally.
Since May 19, the order books on Binance have witnessed a notable uptick in large-scale Ethereum transactions, a telltale sign of renewed confidence among institutional investors and high-net-worth individuals, often referred to as “whales.” These substantial trades, while not necessarily timed to pinpoint market lows, typically signal the early stages of broader upward trends. The growing presence of whale activity suggests these major players are strategically amassing positions, anticipating a longer-term ascent for Ethereum.
Darkfost’s analysis underscores May as a critical juncture for accumulation, a window that astute investors are seizing upon. This resurgence of whale interest could mark the nascent phase of a broader market reversal for Ethereum, with the cryptocurrency currently consolidating amid improving market sentiment. Such patterns echo historical moments of strategic buying that have often foreshadowed significant price surges.
