Ether (ETH) has a chance to make a comeback if it can maintain its position above the critical $2,400 level. Crypto analyst Michaël van de Poppe is feeling optimistic, saying, "So far, so good for ETH."
So far, so good for $ETH.
— Michaël van de Poppe (@CryptoMichNL) June 26, 2025
Holding above this crucial range low and we're likely going to be testing the other side of the range in the upcoming weeks. pic.twitter.com/wgkDmyiPlN
At the time of publication, ETH is trading at $2,452, down 7.45% over the past 30 days, according to CoinMarketCap. Just two weeks ago, it peaked at $2,871 before a dip triggered by geopolitical events, including airstrikes on Iran, which shook financial markets. But the crypto market is known for its resilience, and this could be the beginning of a reversal.
Van de Poppe believes that holding above this level is key for Ether to test the higher range in the upcoming weeks. If ETH continues to perform well here, it could signal the start of a significant upward movement.
Whale Activity and Retail Inflows Fuel Optimism for Ether
While the market has been relatively quiet, large-scale buyers are making their presence felt. On June 16, a massive 1 million ETH was bought by whales, the largest single-day buy since 2018, according to Glassnode data. Retail investors are getting in on the action, too, with spot Ether ETFs seeing significant inflows. On June 14, Ether ETFs marked a record 19-day streak of consecutive inflows, with $60.4 million added in just one day, bringing the three-day total to $232.4 million.
Crypto commentator Crypto Fella and other analysts are seeing an upside for Ether, especially with the declining ETH/BTC ratio, which signals strength for Ethereum relative to Bitcoin (BTC).
$ETH / $BTC: It's almost time for the long expected reversal. Make sure to hold the right alts as not all of them will start running in the coming altseason. pic.twitter.com/4s5EVesg03
— Crypto Fella (@CryptoFellaTx) June 26, 2025
Although Ethereum’s path seems promising, Crypto Fella cautions that the upcoming altcoin season might not be as explosive as previous cycles, advising investors to be strategic about their altcoin picks.
With whales and retail investors both diving in, could this be the time for Ether to shine again?
Maryna Hornieieva
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