Ethereum
(ETH), the second-largest cryptocurrency by market capitalization, saw a
notable increase on Wednesday as it attempted to rebound from multi-month lows.
The price movement followed reports that CBOE and 21Shares plan to introduce
staking options for the token within their exchange-traded funds (ETFs).
At the same
time, a recent analysis by 10x Research indicates that Ethereum appears
technically oversold, with its Relative Strength Index (RSI) dropping to 36%.
Several upcoming catalysts could potentially support a price recovery.
Why is
Ethereum’s price up today, and will ETH continue to climb in February 2025? We
examine the latest expert insights and predictions.
Why Is Ethereum Going Up? 21Shares
Pioneers Staking Integration for Spot ETF
Ethereum’s
price jumped significantly this week as CBOE BZX Exchange unveiled
groundbreaking plans to incorporate staking capabilities into 21Shares’ spot
Ethereum ETF, marking a potential watershed moment for institutional
cryptocurrency investment.
The
second-largest cryptocurrency by market capitalization surged 5.3% to reach $2,800
before settling at $2,738 on Wednesday, as investors responded to the
innovative proposal that could fundamentally transform the ETF landscape. This
move represents the first attempt to combine traditional ETF structure with
cryptocurrency staking rewards.
Why is Ethereum price up today? Source: Tradingview.com
In a filing
with the Securities and Exchange Commission (SEC), 21Shares
outlined its intention to stake portions of the Trust’s Ether holdings through
verified staking providers. The asset manager emphasized that this approach
would enhance investor benefits while maintaining accurate tracking of Ether’s
performance.
Joe Lubin,
Ethereum co-founder, had previously hinted at such developments, revealing
ongoing discussions with ETF providers about staking integration. This filing
appears to confirm those efforts are moving from concept to reality.
Markus Thielen, the CEO of 10x Research.
Ethereum Shows Signs of
Oversold Conditions, Says 10x Research
The digital
asset, currently trading below $2,700, navigates a complex market landscape
where institutional interest meets technical pressure points. The
cryptocurrency’s recent price action has been notably more volatile compared to
Bitcoin’s steady bull run, creating what market analysts describe as high-risk,
high-reward opportunities around key events.
Ethereum’s
decline to its lowest levels since November also led to a drop in the RSI
index, making ETH appear oversold once again.
„Ethereum
isn’t a coin to get emotionally attached to, but history shows that when
sentiment turns overwhelmingly negative, opportunities can emerge,” commented Markus
Thielen, the CEO of 10x Research.
Will Ethereum price go up? Source: 10x Research
A
significant catalyst approaching is the highly anticipated Pectra upgrade,
scheduled for mid-March 2025. This comprehensive network enhancement, which
combines the previously separate Prague and Electra updates, promises
substantial improvements to Ethereum’s infrastructure.
“This
upgrade merges two previously planned updates, Prague and Electra, into a
comprehensive enhancement,” added Thielen.
Is #Ethereum Oversold?
With multiple catalysts on the horizon, is now the time to buy?
👇1-12) Ethereum’s Relative Strength Index (RSI) has dropped to 36%, a level where past corrections have slowed, even as Bitcoin remains in a bull market. Unlike Bitcoin’s parabolic rallies… pic.twitter.com/vUErrViU6F
— 10x Research (@10x_Research) February 11, 2025
Ethereum Price Prediction.
Technical Analysis Suggest $3K Mark
If the
current level of $2,678 is successfully breached, the next major technical
resistance level is $3,000.
Based on my
technical analysis, Ethereum ‘s price found support in February at $2,600,
marking its lowest level since November, a three-month low. Since December, ETH
has been moving within a bearish regression channel, which was last tested in
late January. The current support level and Wednesday’s buying reaction could
drive the price toward the upper boundary of the channel, which currently
aligns with the $3,000 level.
Ethereum price prediction for February 2025. Source: Tradingview.com
However,
this will present a significant resistance for bulls, and it’s difficult to
envision a breakthrough without substantial pushback from sellers. Whether you
define it through technical analysis or price zones, such levels invariably
attract a massive concentration of both buy and sell orders.
Ethereum Price and Options Markets
In the
derivatives market, the upcoming options expiry on February 14 presents an
interesting dynamic. Most put options become profitable only below $2,600,
suggesting potential upward pressure as traders may need to adjust their
positions to avoid options expiring worthless.
Institutional
adoption continues to show strength, with Ethereum ETFs accumulating
approximately $500 million worth of ETH over six consecutive days. This steady
institutional buying provides a fundamental backdrop of support for the asset’s
price.
“Ethereum
fee revenue remains low, with $19 million generated last week, marking only a
slight improvement from $18 million the previous week,” Thielen added. “Gas
fees are at just 1 Gwei, leaving little room for further declines.”
Although a 50%
rally seems unlikely for the 10x Research CEO, a 10% move into the Pectra
upgrade “is within reason.”
ETH Inflows Outpace BTC
Adding to
the bullish potential, Ethereum has surpassed Bitcoin in weekly investment
inflows, challenging long-held assumptions about the digital asset hierarchy.
The surge
in Ethereum inflows, according
to the newest CoinShares report, reflects growing institutional appetite
for alternative cryptocurrency exposure beyond Bitcoin. However, market experts
caution against interpreting these flows as a definitive sign of Ethereum’s
dominance in the broader cryptocurrency ecosystem.
Source: CoinShares
“The
demand for crypto assets beyond Bitcoin is nothing new,” explains Dom
Harz, co-founder of BOB (Build on Bitcoin). “The accessibility of ETH, and
potentially SOL and XRP in the future, through structured investment vehicles
has made it easier for investors to gain exposure.”
Dom Harz, co-founder of BOB (Build on Bitcoin)
The
competitive landscape for cryptocurrency supremacy has intensified,
particularly in the race for the second position behind Bitcoin. The market
narrative in 2025 has been dominated by various alternatives, including
memecoins and emerging blockchain platforms, while questions persist about
Ethereum’s strategic direction.
Harz
suggests that internal innovation, rather than external factors, will
ultimately shape the industry’s trajectory. “I think the real driver of
the industry’s future isn’t policy or macroeconomic trends; it’s innovation
from within. And that future is centered directly on Bitcoin,” he states.
Particularly
noteworthy is the rapid growth in Bitcoin’s DeFi ecosystem. “DeFi TVL
represents about 30% of Ethereum’s market cap. For Bitcoin, it’s only 0.3% —
yet Bitcoin’s DeFi TVL has already surged over 2,000% in the last 12
months,” Harz points out, highlighting the significant growth potential in
Bitcoin’s DeFi sector.
Ethereum Price Prediction 2025, FAQ
Why is the ETH price going
up?
Ethereum’s
price is rising due to increased institutional interest, technical indicators
suggesting it is oversold, and market optimism surrounding upcoming
developments. A key driver behind the recent surge is the announcement by CBOE
and 21Shares to integrate staking into Ethereum ETFs, which could attract more
institutional investors. Additionally, steady inflows into Ethereum-based funds
and expectations for the Pectra upgrade in mid-2025 are fueling positive
sentiment.
What drives up the price
of Ethereum?
Several
factors influence Ethereum’s price, including: Institutional Adoption – Growing
inflows into Ethereum ETFs and structured investment products. Network Upgrades
– Improvements like the upcoming Pectra upgrade, which enhances scalability and
efficiency. Market Sentiment & Technical Indicators – Ethereum recently
showed signs of being oversold, leading to a buying rebound.
How high can Ethereum go
in 2025?
While price
predictions vary, some analysts believe Ethereum could test the $3,000 level in
the near term if bullish momentum continues. Longer-term forecasts suggest
Ethereum could reach between $4,000 and $5,000 in 2025, depending on adoption
trends, regulatory developments, and overall market conditions. However,
achieving new all-time highs above $4,800 will likely require significant
network growth, increased institutional demand, and favorable macroeconomic
conditions.
Ethereum
(ETH), the second-largest cryptocurrency by market capitalization, saw a
notable increase on Wednesday as it attempted to rebound from multi-month lows.
The price movement followed reports that CBOE and 21Shares plan to introduce
staking options for the token within their exchange-traded funds (ETFs).
At the same
time, a recent analysis by 10x Research indicates that Ethereum appears
technically oversold, with its Relative Strength Index (RSI) dropping to 36%.
Several upcoming catalysts could potentially support a price recovery.
Why is
Ethereum’s price up today, and will ETH continue to climb in February 2025? We
examine the latest expert insights and predictions.
Why Is Ethereum Going Up? 21Shares
Pioneers Staking Integration for Spot ETF
Ethereum’s
price jumped significantly this week as CBOE BZX Exchange unveiled
groundbreaking plans to incorporate staking capabilities into 21Shares’ spot
Ethereum ETF, marking a potential watershed moment for institutional
cryptocurrency investment.
The
second-largest cryptocurrency by market capitalization surged 5.3% to reach $2,800
before settling at $2,738 on Wednesday, as investors responded to the
innovative proposal that could fundamentally transform the ETF landscape. This
move represents the first attempt to combine traditional ETF structure with
cryptocurrency staking rewards.
Why is Ethereum price up today? Source: Tradingview.com
In a filing
with the Securities and Exchange Commission (SEC), 21Shares
outlined its intention to stake portions of the Trust’s Ether holdings through
verified staking providers. The asset manager emphasized that this approach
would enhance investor benefits while maintaining accurate tracking of Ether’s
performance.
Joe Lubin,
Ethereum co-founder, had previously hinted at such developments, revealing
ongoing discussions with ETF providers about staking integration. This filing
appears to confirm those efforts are moving from concept to reality.
Markus Thielen, the CEO of 10x Research.
Ethereum Shows Signs of
Oversold Conditions, Says 10x Research
The digital
asset, currently trading below $2,700, navigates a complex market landscape
where institutional interest meets technical pressure points. The
cryptocurrency’s recent price action has been notably more volatile compared to
Bitcoin’s steady bull run, creating what market analysts describe as high-risk,
high-reward opportunities around key events.
Ethereum’s
decline to its lowest levels since November also led to a drop in the RSI
index, making ETH appear oversold once again.
„Ethereum
isn’t a coin to get emotionally attached to, but history shows that when
sentiment turns overwhelmingly negative, opportunities can emerge,” commented Markus
Thielen, the CEO of 10x Research.
Will Ethereum price go up? Source: 10x Research
A
significant catalyst approaching is the highly anticipated Pectra upgrade,
scheduled for mid-March 2025. This comprehensive network enhancement, which
combines the previously separate Prague and Electra updates, promises
substantial improvements to Ethereum’s infrastructure.
“This
upgrade merges two previously planned updates, Prague and Electra, into a
comprehensive enhancement,” added Thielen.
Is #Ethereum Oversold?
With multiple catalysts on the horizon, is now the time to buy?
👇1-12) Ethereum’s Relative Strength Index (RSI) has dropped to 36%, a level where past corrections have slowed, even as Bitcoin remains in a bull market. Unlike Bitcoin’s parabolic rallies… pic.twitter.com/vUErrViU6F
— 10x Research (@10x_Research) February 11, 2025
Ethereum Price Prediction.
Technical Analysis Suggest $3K Mark
If the
current level of $2,678 is successfully breached, the next major technical
resistance level is $3,000.
Based on my
technical analysis, Ethereum ‘s price found support in February at $2,600,
marking its lowest level since November, a three-month low. Since December, ETH
has been moving within a bearish regression channel, which was last tested in
late January. The current support level and Wednesday’s buying reaction could
drive the price toward the upper boundary of the channel, which currently
aligns with the $3,000 level.
Ethereum price prediction for February 2025. Source: Tradingview.com
However,
this will present a significant resistance for bulls, and it’s difficult to
envision a breakthrough without substantial pushback from sellers. Whether you
define it through technical analysis or price zones, such levels invariably
attract a massive concentration of both buy and sell orders.
Ethereum Price and Options Markets
In the
derivatives market, the upcoming options expiry on February 14 presents an
interesting dynamic. Most put options become profitable only below $2,600,
suggesting potential upward pressure as traders may need to adjust their
positions to avoid options expiring worthless.
Institutional
adoption continues to show strength, with Ethereum ETFs accumulating
approximately $500 million worth of ETH over six consecutive days. This steady
institutional buying provides a fundamental backdrop of support for the asset’s
price.
“Ethereum
fee revenue remains low, with $19 million generated last week, marking only a
slight improvement from $18 million the previous week,” Thielen added. “Gas
fees are at just 1 Gwei, leaving little room for further declines.”
Although a 50%
rally seems unlikely for the 10x Research CEO, a 10% move into the Pectra
upgrade “is within reason.”
ETH Inflows Outpace BTC
Adding to
the bullish potential, Ethereum has surpassed Bitcoin in weekly investment
inflows, challenging long-held assumptions about the digital asset hierarchy.
The surge
in Ethereum inflows, according
to the newest CoinShares report, reflects growing institutional appetite
for alternative cryptocurrency exposure beyond Bitcoin. However, market experts
caution against interpreting these flows as a definitive sign of Ethereum’s
dominance in the broader cryptocurrency ecosystem.
Source: CoinShares
“The
demand for crypto assets beyond Bitcoin is nothing new,” explains Dom
Harz, co-founder of BOB (Build on Bitcoin). “The accessibility of ETH, and
potentially SOL and XRP in the future, through structured investment vehicles
has made it easier for investors to gain exposure.”
Dom Harz, co-founder of BOB (Build on Bitcoin)
The
competitive landscape for cryptocurrency supremacy has intensified,
particularly in the race for the second position behind Bitcoin. The market
narrative in 2025 has been dominated by various alternatives, including
memecoins and emerging blockchain platforms, while questions persist about
Ethereum’s strategic direction.
Harz
suggests that internal innovation, rather than external factors, will
ultimately shape the industry’s trajectory. “I think the real driver of
the industry’s future isn’t policy or macroeconomic trends; it’s innovation
from within. And that future is centered directly on Bitcoin,” he states.
Particularly
noteworthy is the rapid growth in Bitcoin’s DeFi ecosystem. “DeFi TVL
represents about 30% of Ethereum’s market cap. For Bitcoin, it’s only 0.3% —
yet Bitcoin’s DeFi TVL has already surged over 2,000% in the last 12
months,” Harz points out, highlighting the significant growth potential in
Bitcoin’s DeFi sector.
Ethereum Price Prediction 2025, FAQ
Why is the ETH price going
up?
Ethereum’s
price is rising due to increased institutional interest, technical indicators
suggesting it is oversold, and market optimism surrounding upcoming
developments. A key driver behind the recent surge is the announcement by CBOE
and 21Shares to integrate staking into Ethereum ETFs, which could attract more
institutional investors. Additionally, steady inflows into Ethereum-based funds
and expectations for the Pectra upgrade in mid-2025 are fueling positive
sentiment.
What drives up the price
of Ethereum?
Several
factors influence Ethereum’s price, including: Institutional Adoption – Growing
inflows into Ethereum ETFs and structured investment products. Network Upgrades
– Improvements like the upcoming Pectra upgrade, which enhances scalability and
efficiency. Market Sentiment & Technical Indicators – Ethereum recently
showed signs of being oversold, leading to a buying rebound.
How high can Ethereum go
in 2025?
While price
predictions vary, some analysts believe Ethereum could test the $3,000 level in
the near term if bullish momentum continues. Longer-term forecasts suggest
Ethereum could reach between $4,000 and $5,000 in 2025, depending on adoption
trends, regulatory developments, and overall market conditions. However,
achieving new all-time highs above $4,800 will likely require significant
network growth, increased institutional demand, and favorable macroeconomic
conditions.
