{"id":4544,"date":"2025-05-02T18:13:12","date_gmt":"2025-05-02T18:13:12","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/ethereum-running-out-of-time-analyst-says-new-ath-may-not-come-this-cycle\/"},"modified":"2025-05-02T18:13:12","modified_gmt":"2025-05-02T18:13:12","slug":"ethereum-running-out-of-time-analyst-says-new-ath-may-not-come-this-cycle","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/ethereum-running-out-of-time-analyst-says-new-ath-may-not-come-this-cycle\/","title":{"rendered":"Ethereum \u2018Running Out Of Time\u2019? Analyst Says New ATH May Not Come This Cycle"},"content":{"rendered":"

As Ethereum (ETH) continues to slowly turn crucial resistance levels into support, some analysts consider that the King of altcoins could be running out of time for a new all-time high (ATH) this cycle.<\/p>\n

Ethereum Closes April In Red<\/h2>\n

Over the past week, Ethereum has attempted to reclaim the $1,800 mark, hovering between the $1,770-$1,820 price range. In the past 24 hours, the cryptocurrency has seen a 5.5% jump, breaking above the key resistance and last week\u2019s high of $1,850.<\/p>\n

Amid this price action, ETH retested the $1,860-$1,870 range for the first time in one month, and closed April just 1.56% below in opening price. Nonetheless, Ethereum\u2019s negative monthly close marked the fifth consecutive month in the red for the cryptocurrency.<\/p>\n

The king of Altcoins has been recording monthly negative returns since December, its worst-performing streak since 2018, and closed the first quarter of 2025 with a 45.4% retracement.<\/p>\n

Analyst Carl Runefelt noted<\/a> this performance, noting that \u201cthe good news is that historically, May is the most positive month of the year for ETH.\u201d In general, it has been one of the best-performing months for Ethereum, registering an average 27.31% increase in May.<\/p>\n

Additionally, the second quarter has been a positive period for cryptocurrency, closing Q2 in the green seven out of nine times. Despite its negative April close, Ethereum registers a mild 2.15% positive return this quarter so far, which could suggest that the cryptocurrency could continue its current performance if history repeats.<\/p>\n

Another market watcher considers<\/a> that ETH\u2019s price is displaying a similar performance to Bitcoin\u2019s (BTC) 2020 rally. At the time, \u201cBitcoin consolidated at $8K\u2026 Most ignored it. Then it hit $64K.\u201d<\/p>\n

According to Merlijn The Trader, \u201cEthereum is showing the exact same structure. Accumulation. Compression. Explosion loading.\u201d However, this would suggest another pullback could come before a new ATH.<\/p>\n

ETH To Skip ATH Rally This Cycle?<\/h2>\n

Meanwhile, analyst Crypto Bullet offered a not-so-bullish macro perspective. According to his post, the Ethereum mid-term correction is over after taking out the August-October 2023 lows, printing a \u201cgiant reversal candle,\u201d and holding the mid-line of the multi-year descending Channel.<\/p>\n

\"ethereum\"<\/p>\n

Based on this, he argues that ETH\u2019s bottom is in, and a significant mid-term bounce will likely occur in the next few months, with a first target of $2,500.<\/p>\n

Crypto Bullet noted that the surge could be either a Dead Cat bounce or the start of a new ATH rally, adding that it could be the former due to the cryptocurrency\u2019s weak performance and how advanced the cycle is.<\/p>\n

In that case, Ethereum could face a potential rejection at the $2,700-$3,000 range, but a bullish rally could start if it breaks through the $3,000 resistance and breaks out of the multi-year channel.<\/p>\n

However, he also suggested that Ethereum could be \u201cin a bigger cycle than we all think,\u201d resembling cryptocurrencies in a \u201cone cycle behind\u201d performance. In a previous analysis<\/a>, Crypto Bullet discussed the potential of ETH not hitting an ATH this cycle, noting XRP\u2019s performance in 2021.<\/p>\n

\u201cSo what if ETH cycle top is in and it’s gonna print a giant Accumulation Structure (a Triangle or a Zigzag) and break out of it, say, in 2028?\u201d he questioned, concluding that investors would accumulate more energy for a breakout, and the targets would be significantly higher.<\/p>\n

\"Ethereum,<\/p>\n","protected":false},"excerpt":{"rendered":"

As Ethereum (ETH) continues to slowly turn crucial resistance levels into support, some analysts consider that the King of altcoins could be running out of time for a new all-time high (ATH) this cycle. Ethereum Closes April In Red Over the past week, Ethereum has attempted to reclaim the $1,800 mark, hovering between the $1,770-$1,820…<\/p>\n","protected":false},"author":1,"featured_media":4545,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[143],"tags":[56,42,713,725,281,64,66,1158,395,89,68,40],"class_list":["post-4544","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-bitcoin","tag-crypto-analyst","tag-crypto-bull-run-2025","tag-crypto-market-correction","tag-crypto-trader","tag-eth","tag-ethereum","tag-ethereum-ath","tag-ethereum-breakout","tag-ethereum-price","tag-ethusdt","tag-xrp"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=4544"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/4545"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=4544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=4544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=4544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}