{"id":4896,"date":"2025-05-22T18:13:06","date_gmt":"2025-05-22T18:13:06","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/ethereum-addresses-in-profit-nearly-doubles-since-april-lows-volatility-returns\/"},"modified":"2025-05-22T18:13:06","modified_gmt":"2025-05-22T18:13:06","slug":"ethereum-addresses-in-profit-nearly-doubles-since-april-lows-volatility-returns","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/ethereum-addresses-in-profit-nearly-doubles-since-april-lows-volatility-returns\/","title":{"rendered":"Ethereum Addresses In Profit Nearly Doubles Since April Lows  \u2013 Volatility Returns"},"content":{"rendered":"<p>Ethereum is holding firm above the $2,500 level after weeks of strong buying pressure and bullish momentum, despite having lost more than 60% of its value since December 2024. The asset\u2019s resilience comes at a pivotal time: Bitcoin has officially broken its all-time high, triggering optimism that a new phase of the market cycle is beginning\u2014one that could deliver explosive gains for altcoins.<\/p>\n<p>For Ethereum to fulfill its usual leadership role in an altcoin rally, it must break above current resistance zones and confirm a recovery structure. As price action continues to develop, analysts are watching closely for signals that ETH is ready to outperform once again.<\/p>\n<p>To illustrate just how deep the correction was, Sentora (formerly IntoTheBlock) shared a key metric: after Ethereum\u2019s sharp sell-off that began in December, the share of addresses in profit plunged from over 90% to just 32% by April 2025. The rebound since then has been remarkable, but the road to a full recovery is still developing. If Ethereum can maintain support and reclaim higher levels, the stage may be set for a broader altseason that could reshape sentiment across the crypto market.<\/p>\n<h2>Volatility Grows: Ethereum Eyes A Breakout<\/h2>\n<p>Ethereum bulls have regained control after a turbulent few months, forming a bullish price structure as the asset attempts to reclaim the $2,700 level. The surge began with a clean breakout above $2,200, and despite recent volatility, Ethereum is showing signs of strength. On Sunday, ETH spiked above $2,550 before retracing to $2,400 in a sharp pullback. Since then, price action has stabilized, and with Bitcoin pushing into new all-time highs, Ethereum appears poised to follow.<\/p>\n<p>Analysts now expect a potential breakout if ETH can flip $2,700 into support. Momentum is building as selling pressure fades, and buyer confidence grows. Many view this as a key inflection point: if bulls sustain their push, Ethereum could reassert leadership in a market increasingly tilted toward altcoins.<\/p>\n<p>Supporting this bullish outlook is fresh <a href=\"https:\/\/x.com\/SentoraHQ\/status\/1925456862578634920\/photo\/1\" target=\"_blank\" rel=\"noopener nofollow\">on-chain data from Sentora<\/a>. Following a brutal drawdown that began in December 2024, the percentage of ETH addresses in profit collapsed from over 90% to just 32% by April 2025. Since then, the recovery has been dramatic\u2014nearly 60% of addresses are now back in profit. According to Sentora, this level of volatility hasn\u2019t been seen since the explosive 2017 bull cycle.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"wp-image-756545 size-large\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/btc_91accc.jpeg?w=860&#038;resize=860%2C211\" alt=\"Ethereum Historical In\/Out of the Money | Source: Sentora on X\" width=\"860\" height=\"211\" loading=\"lazy\" \/><\/p>\n<p>If Ethereum continues this trend and breaks out of its current range, it may not only confirm a strong recovery but also spark the next major leg of altseason.<\/p>\n<h2>ETH Tests Critical Resistance<\/h2>\n<p>Ethereum is now trading at a pivotal level, having surged to $2,687 with a 5.3% daily gain. The chart shows ETH challenging its 200-day simple moving average (SMA) at $2,702, a key technical barrier that has historically acted as resistance. After multiple failed attempts to break past this level in recent weeks, today\u2019s bullish momentum puts ETH on the verge of a potential breakout.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"wp-image-756547 size-large\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/05\/ETHUSD_2025-05-22_05-32-55.png?w=860&#038;resize=860%2C500\" alt=\"ETH testing the 200-day SMA | Source: BTCUSDT chart on TradingView\" width=\"860\" height=\"500\" loading=\"lazy\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>The bullish structure is supported by strong upward volume, signaling renewed buyer interest. Notably, the 200-day exponential moving average (EMA), currently at $2,444, has provided solid support throughout May, creating a base for this upward push. If Ethereum decisively closes above the $2,700 region, it could set the stage for a rally toward $3,000 and beyond, confirming a shift in trend after months of bearish pressure.<\/p>\n<p>However, the price is still within a consolidation range, and bulls must hold above $2,600 to maintain this breakout potential. Failure to do so may result in a short-term retracement back to the $2,400\u2013$2,450 demand zone.<\/p>\n<p>Featured image from Dall-E, chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum is holding firm above the $2,500 level after weeks of strong buying pressure and bullish momentum, despite having lost more than 60% of its value since December 2024. The asset\u2019s resilience comes at a pivotal time: Bitcoin has officially broken its all-time high, triggering optimism that a new phase of the market cycle is&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4897,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[143],"tags":[64,66,2531,228,1221,88,89,2532,68],"class_list":["post-4896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-eth","tag-ethereum","tag-ethereum-addresses","tag-ethereum-analysis","tag-ethereum-bull-run","tag-ethereum-news","tag-ethereum-price","tag-ethereum-profitability","tag-ethusdt"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4896","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=4896"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4896\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/4897"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=4896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=4896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=4896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}