ETHER has increased by 20 % over the past 24 hours after the launch of the Pectra upgrade, where some encryption dealers indicate that the increasing number of long situations ETH could represent a “turning point” of the origin who faced unconfirmed feelings throughout most of 2025.
At the time of publication, the ether (EthIt is circulated at $ 2230, an increase of 19.6 % over the past 24 hours, According to To CoinmarketCap data. Daan Crypto Trades He said It was a “very crazy candle”. 24 hours a day, the open interest of the ether increased by 21 %.
The ether price pump on the side caught the side of the side
The increase was followed by the long -awaited virgin upgrade, Which was broadcast on May 7Entering new portfolio features, increasing the boundaries of the invitation and improving expansion on Ethereum.
Popular encryption dealer Alex Kruger He said On May 8, the high price of Ether was primarily due to “New Longs”.
If the ether will return to $ 2000, about $ 2.06 billion in long positions will be at risk of liquidation, According to To Coinglass data. The high prices in infiltration were caught in addition to infiltration, as about 328 million dollars were ranked in the short centers of the ether during the same period.
Crusher Bob Lucas He said“ETH holders who think this may finally be the turning point.”
It was not 2025 years old for ETHER, which decreased by 56 % of its price on January 1 to $ 1.472 by April 9 – its lowest point this year – with a weak feeling throughout the year.
The last eTher gathering coincides with Bitcoin (BTC) Obtaining 3.59 % during the same period and about 6 % over the past seven days, and restoring a brand of $ 100,000 on May 8 for the first time in more than three months.
In the comments on Cointelegraph, the Onchain Options Nick Forster said that the recent increase in ETHER prices were due to a mixture of factors, beyond the solid fork only.
Forster referred to the American commercial deal with the United Kingdom, where US President Donald Trump “cut customs duties on British and steel cars.” He also referred to Crypto Excination Coinbase, who announced the acquisition of Deribit for $ 2.9 billion.
Related to: The data indicates that PRICE ETAREUM finally “erupts” – is the next $ 3 thousand?
Since 2013, the average return was 62.2 % in the second quarter. Based on its price on April 1, ETHER can reach about $ 2950 by the end of June if the date is repeated.
However, the momentum has not crossed with the fierce boxes of the stain so far. For the third consecutive day, Eter Ether Etfs published external flows on May 8, with a total of $ 16.1 million, According to To Farside data.
Meanwhile, the total encryption market also witnessed a rise in prices and morale after increasing Bitcoin. 24 hours a day, the entire encryption market increased by 4.95 %, and Crypto Fear & Greed index I moved to the lands of “greed”, where another 8 points rose to 73.
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
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