🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Price Prediction for $ETH: Ethereum is Ready for a 20% rise to $3,300 in May
In recent days, the cryptocurrency market has witnessed significant changes in sentiment, especially regarding Ethereum (ETH). While the price of Bitcoin (BTC) continues to rise slightly, Ethereum has shown a much more outstanding increase. Specifically, ETH has recorded an increase of over 12% in just a few trading sessions, compared to the 4%-5% increase of BTC. This positive trend has brought ETH to an important resistance zone – if it successfully breaks through, ETH could very well become one of the strongest rising coins in May 2025. Money Flow From Organizations Rises to the Sky One notable point is the significant increase in interest from financial institutions towards ETH. According to the latest data, in the last trading session, institutions sold nearly 889 BTC but bought up to 5,410 ETH – indicating a strategic shift in investment towards Ethereum. Additionally, the amount of ETH flowing into accumulation addresses ( also rose to the sky to a "crazy" level, highlighting the stealthy accumulation moves by "whales". This becomes even clearer when considering the current market situation: the price of ETH has been stagnant for a long time, causing many retail investors to lose patience and sell off. Meanwhile, large institutions are quietly taking the opportunity to accumulate with the expectation of a significant rise in price in the near future. Technical Factors Supporting the Upward Trend In terms of technical analysis, the weekly chart of ETH shows that the coin is approaching the upper edge of the extended accumulation zone. A breakout of this zone could trigger a strong bull run. Two important indicators, Ichimoku Cloud and DMI, are both preparing to cross in an upward direction – a sign confirming the possibility of starting a new bullish cycle. In addition, ETH is fluctuating between the two moving averages MA 50 days and MA 200 days, serving as the main support and resistance levels. The fact that ETH has never witnessed a "death cross" on the weekly chart further reinforces the argument for a sustainable upward trend. The current price position between these two MA lines suggests a high possibility that ETH will rebound. Target Price in May 2025 Currently, Ethereum is trying to break through the key resistance at $2,800 – if successful, this price could become a solid support for the next rally. When that happens, the ETH price is likely to quickly reach the trend reversal zone around $3,000. If buying continues to be sustained, it is not ruled out that ETH will continue to break and rise to higher marks such as $3,300 and even $3,500 in the short term. In addition, the recent Pectra upgrade has contributed to increasing the ETH burn rate – a "deflationary" factor ) that reduces inflation (, further boosting investor optimism about the potential for long-term price increases. Conclusion Ethereum is poised for a significant breakout after a long period of accumulation. With support from both technical factors and institutional money flow, combined with strategic network upgrades, ETH has a real opportunity to reach the milestone of $3,300 in May 2025. Investors need to closely monitor resistance levels and confirmation signals to seize the best opportunities.