- Ethereum is gaining bullish momentum as aggressive futures buying pushes the Taker Buy-Sell Ratio to its highest level of 2025.
- Ethereum’s strong historical performance in May and the approach of key resistance at $1,850 position it for a potential breakout toward $2,000.
Ethereum (ETH) is catching fire in the futures market, with bullish momentum heating up ahead of a potentially explosive May. The cryptocurrency’s Taker Buy-Sell Ratio has surged to 1.10 — its highest mark of 2025 — suggesting aggressive buyer dominance and increased trader confidence.
This uptick, spotlighted by on-chain data platform CryptoQuant, is a clear sign that futures market participants are positioning for an upward breakout. The last time ETH saw similar sentiment was in early January, which preceded a short-lived rally. This time, however, analysts are pointing to stronger fundamentals and technical support that could fuel a more sustained move higher.
Ethereum’s Historical Launchpad for Gains
According to Coinglass, May has historically been Ethereum’s strongest month. With an average return of 27.36% and a median return of 6.96%, the month has delivered standout performances in years like 2017, 2019, and 2021. While last year’s return was a modest 2.44%, the pattern remains compelling enough to draw trader attention in 2025.
Rising market sentiment and seasonal strength are laying the groundwork for a significant price breakout — if ETH breaks through key resistance levels.
Price Holds Steady Above $1,800 — But the Real Test is $1,850
As of now, Ethereum is trading at $1,819, holding firmly above the $1,800 support zone. The Relative Strength Index (RSI) sits at 55, showing moderate bullish strength, while the MACD indicator maintains a positive trend with growing separation from its signal line — a bullish technical sign.
Yet, caution remains. Flat trading volume and fading intraday momentum suggest that bulls need to regain control fast. The critical level to watch is $1,850. A solid breakout above this mark could open the path to the psychologically significant $2,000 level.
Cautious Optimism for Ethereum Bulls
Ethereum’s bullish setup is strengthening, but a breakout is not guaranteed. For ETH to capitalize on May’s historical edge, it must first overcome $1,850 resistance with conviction. Should it succeed, the stage could be set for a powerful rally — making this month one to watch closely for Ethereum traders.
