Altcoin
Ethereum Is About To Enter Its Most Bullish Month In History, Here’s What To Expect
Amid its underperformance, Ethereum is set to enter its most bullish month in history. This has sparked a positive sentiment among investors, who hope for a bullish reversal. Crypto analysts have also made bullish predictions for ETH based on the crypto’s historical performance in February.
What To Expect As Ethereum Enters Its Most Bullish Month
Cryptorank data indicates that investors can expect Ethereum to make significant gains as it enters its most bullish month in February. ETH has recorded positive monthly closes in February for the last six years. In fact, the crypto has only recorded a negative monthly close once, which was in 2020.
Last year, Ethereum recorded a 46.7% gain in February, its second-highest monthly gain in 2024, behind the 47.4% gain it recorded in November. Meanwhile, it is worth mentioning that ETH’s average monthly gain in February is 34.4%. Based on this, the ETH price could rally to as high as $4,300.
Such a rally would be significant as it could pave the way to a new all-time high (ATH) for Ethereum, as crypto analysts like Ali Martinez have suggested. Martinez recently alluded to ETH’s bullish historical performance in February as one reason why this wasn’t the right time to give up on it.
Crypto analyst Ted also made a bullish case for ETH heading into February. He predicted that the crypto could rally to as high as $4,500 next month and that a new all-time high for ETH by March is highly likely, especially if Donald Trump’s World Liberty Financial keeps buying Ethereum.
Interestingly, in another X post, the analyst also predicted that ETH could rally to between $9,000 and $10,000 in the next three to four months. Crypto analysts like Titan of Crypto and CrediBULL Crypto have also predicted that ETH can reach $10,000 in this market cycle.
Ethereum’s Roadmap For 2025
In an X post, Titan of Crypto highlighted Ethereum’s 2025 roadmap while asserting that ETH is gearing up for a major move up this year. As part of the roadmap, he highlighted profit zones on his accompanying chart, in which investors should be looking to secure profits. The first take profit zone he highlighted is at $5,664.
The second take-profit zone is at $7,400, the third is at $8,500, and the fourth is at $10,000, indicating that ETH can indeed reach this psychological $10,000 price level in this market cycle. Ethereum whales have been actively accumulating in anticipation of a significant price surge. Ali Martinez revealed that these whales bought over 100,000 ETH during the recent price dip.
At the time of writing, the Ethereum price is trading at around $3,200, up over 1% in the last 24 hours, according to data from CoinMarketCap.
Featured image from iStock, chart from Tradingview.com
XRP price is consolidating within a Wave 4 formation, maintaining a structured pattern that aligns with technical expectations. The top altcoin has bounced off a key support level, now forming a triangle pattern, suggesting a period of price compression before a breakout.
Analysts are watching the $3.05 resistance level, as a decisive move above this point could open the door to higher targets.
XRP Price Triangle Formation Holds
Analyst Casi Trade shared on X (formerly Twitter) that XRP price is holding support at $2.565 within a Wave 4 consolidation, respecting a triangle formation. The altcoin has remained within this pattern, which traders expect to lead to a breakout.
Technical analysis suggests that if XRP price can break through the $3.05 resistance level, it may gain momentum toward $3.57. This area aligns with the 1.0 Fibonacci extension and the upper trendline, marking a key test for bullish continuation. However, if the altcoin fails to maintain support at current levels, further downside movement could be observed.
Therefore, market investors are monitoring whether XRP price will continue consolidating within the triangle or initiate a breakout move. Price compression within this structure often precedes a surge in volatility, making the upcoming sessions critical.
Notably, supporting the bullish outlook, earlier on, another analyst predicted XRP price could hit $70 in the coming years. The altcoin price prediction aligns with growing market confidence and rising futures interest. With strong support and key resistance levels ahead, XRP price trajectory remains a hot topic among investors.
Wave 2 Pullback Expected After Breakout
If XRP price successfully surpasses $3.05 and reaches new highs, analysts anticipate a Wave 2 retracement before further upward movement. The expected pullback range is between $2.40 and $2.50, depending on the eventual high of the current trend.
Wave 2 corrections are a normal part of price movements in Elliott Wave Theory, often providing a re-entry opportunity before the next bullish wave unfolds. The next key milestone for XRP will be determining the depth of the pullback and whether buyers step in to support higher lows.
A breakout followed by a retracement would confirm the start of a new trend cycle. If buying momentum remains strong, traders may look toward levels beyond previous all-time highs.
Whales Accumulate as Market Sentiment Shifts
Moreover, on-chain data indicates that large investors have accumulated nearly 1 billion XRP in the past 24 hours. Analyst Ali Martinez highlighted data from Santiment showing a sharp decline in whale holdings, followed by a significant recovery.
The accumulation pattern suggests that whales used a recent price dip to purchase large amounts of XRP, positioning for an upward move. Wallets holding between 10 million and 1 billion XRP saw fluctuations, with a recent surge indicating renewed buying interest.
Institutional and high-net-worth investors often influence market trends, and their activity in the current consolidation phase suggests confidence in future price appreciation. If accumulation continues, XRP price may gain additional support for an eventual breakout past the $3 Ripple price target.
Meanwhile, XRP whales may have taken advantage of the recent crypto market crash to accumulate more tokens at lower prices. As Bitcoin filled key CME gaps, altcoins like XRP followed the downtrend due to their strong correlation. However, analysts suggest that once these gaps are filled, the market could see a potential rebound.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Another crypto market crash has occurred, with Bitcoin, Ethereum, Dogecoin and the XRP price dropping significantly today. This development is due to several factors, including the CME gap which the flagship crypto needs to fill below $90,000.
Crypto Market Crash: Why BTC, ETH, DOGE & The XRP Price Are Down
CoinMarketCap data shows that another crypto market crash has occurred with Bitcoin, Ethereum, Dogecoin and the XRP price dropping significantly. Crypto analyst Hardy revealed that this price decline is happening due to the CME gaps.
The analyst stated that the Bitcoin price already filled one at today’s open between $93,500 and $92,700. He added that the flagship crypto needs to drop to $85,000 to fill another. Meanwhile, he noted that there is another CME gap at $77,900 that BTC hasn’t quite filled.
Hardy also remarked that the Bitcoin bears will fight to ensure that BTC fills all these CME gaps. As such, he stated that the quicker the flagship crypto fills them up, the quicker it can begin another upward trend.
Crypto analyst Titan of Crypto also highlighted the CME futures gap between $92,900 and $85,700. He noted that traditionally, BTC tends to fill these gaps. As such, the analyst had raised the possibility of a pullback before the next leg up, which is already happening.
Altcoins like Ethereum, Dogecoin and the XRP price are dropping because they share a strong positive correlation with the flagship crypto and experience significant drops whenever BTC declines.
Coinglass data shows that the latest crypto market crash has led to the liquidation of over $213 million in long positions in the last four hours. Meanwhile, short positions have taken a lesser hit, with just over $18 million in liquidations during this timeframe.
Mixed Sentiments Over The Strategic Reserve
US President Donald Trump announced yesterday that the crypto strategic reserve would include altcoins such as Solana, Cardano, and XRP. This has sparked mixed sentiments over this crypto reserve as market participants believed that the reserve would only include Bitcoin.
Although the crypto market rebounded following Trump’s announcement, the mixed sentiment in the crypto market at the moment also looks to be contributing to the crypto market crash as market participants question the seriousness of the strategic reserve if it would include altcoins.
Meanwhile, stakeholders such as BitMEX’s co-founder Arthur Hayes have downplayed Trump’s announcement. Hayes stated that there was nothing new in the announcement. He highlighted the role the US Congress has to play before the crypto reserve can become effective.
It is also worth mentioning that Trump contributed to this crypto market crash by announcing that the 25% tariffs on Mexico and Canada would begin tomorrow. The president also reiterated plans to double the tariffs on China from 10% to 20%.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
CryptoQuant CEO Ki Young Ju has stated that the crypto market is increasingly being shaped into a tool for U.S. dominance under President Donald Trump. His remarks follow Trump’s recent announcement regarding the establishment of a U.S. crypto reserve, which triggered major market movements.
The initiative led to a $300 billion boost in total crypto market value, with Bitcoin rising by 8% and Ethereum gaining 11%.
CryptoQuant CEO Explains How Trump is Weaponizing Crypto
In a recent post, CryptoQuant CEO Ki Young Ju analyzed President Donald Trump’s approach to cryptocurrency. According to Ju, Trump’s decision to establish a U.S. crypto reserve marks a shift in the global crypto landscape. Ju noted that the announcement initially mentioned XRP, Solana, and Cardano, while Bitcoin and Ethereum were only included later.
Ju interpreted Trump’s actions as a move to assess the strategic value of different cryptocurrencies. He suggested that the initial exclusion of Bitcoin and Ethereum might indicate that Trump sees them as neutral assets rather than direct contributors to U.S. interests. Ju further stated that Trump’s strategy is positioning the U.S. to dominate the crypto market and absorb foreign capital.
Meanwhile, Binance founder reacted to BNB’s exclusion from the U.S. Crypto Strategic Reserve by urging holders to remain patient and not panic. CZ emphasized that BNB’s absence is likely due to the U.S. prioritizing domestically founded cryptocurrencies in the initial selection. He remains optimistic that BNB will be added in the future and pointed out that other nations may introduce their crypto strategic reserves.
Market Reaction to Crypto Reserve Announcement
Following Trump’s announcement, the crypto market experienced a rapid surge. The total market capitalization increased by $300 billion, driven by price jumps in multiple assets. Bitcoin saw an 8% increase, climbing past $93,000 before slightly dropping, while Ethereum rose by 11%.
Among the tokens first included in the U.S. crypto reserve, Cardano saw the highest surge, gaining up to 75%, while Solana and XRP also experienced double-digit growth. The sudden price movements reflected strong investor confidence in the crypto assets.
Following the CryptoQuant CEO insights, a recent report has highlighted other cryptos that could potentially be included in Trump’s Crypto Reserve. Dogecoin, SUI, and Chainlink have gained significant momentum, sparking speculation about their addition.
Concerns Over Bitcoin and Ethereum Position
While CryptoQuant CEO Ki Young Ju acknowledged the market benefits of Trump’s crypto policies, he also pointed out potential challenges for Bitcoin and Ethereum. He suggested that Trump’s focus on specific cryptocurrencies tied to U.S. interests could weaken the position of decentralized assets.
Ju emphasized that Bitcoin and Ethereum have historically been viewed as tools for decentralization rather than instruments of national influence. He noted that Trump’s statements positioned these two assets as neutral.
CryptoQuant CEO stated
“This trend is also unfavorable for #Bitcoin and #Ethereum, which strive for neutrality and aim to become global public goods. Judging by Trump’s recent posts, it seems that Bitcoin and Ethereum are now being signaled as “neither friend nor foe.”
The Shift in Crypto’s Perception Under New Administartion
According to CryptoQuant CEO Ki Young Ju, the perception of cryptocurrency has changed under Donald Trump’s administration. Ju noted that crypto, once regarded with skepticism, is now being embraced as a national asset.
While he did not pass judgment on this approach, he observed that the U.S. is using cryptocurrency as a tool to expand its global financial influence.
Moreover, Ki Young Ju expressed worries that this shift in regulatory standards could lead to market manipulation. He emphasized that the lack of oversight might encourage fraudulent activities like rug pulls, harming retail investors.
The CEO added,
“Since Trump’s election, universal moral standards have declined.”
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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