Ethereum’s native cryptocurrency, Ether (ETH), is attracting significant bullish bets as traders anticipate a major price surge potentially reaching $6,000 by the end of the year.
After a sharp drop from its $4,000 valuation in December 2024, ETH began a strong rebound in May. Currently, the token has gained approximately 57% over the past 30 days, signaling renewed investor confidence. Many traders expect this upward momentum to continue through the summer, possibly pushing ETH to a new all-time high (ATH) before 2025 concludes.
Bull Call Spreads Indicate Confidence in ETH’s Upside
Last week, institutional and large-scale traders executed bull call spreads on ETH, betting on a price rally. The strategy involved purchasing $3,500 call options and simultaneously shorting an equal number of calls at the $6,000 strike price. These positions are set to expire on December 26, 2025, meaning ETH must reach or surpass $6,000 by then for the bets to pay off.
The trades were carried out via the over-the-counter platform Paradigm and were later listed on the Deribit exchange. In total, traders executed 30,000 contracts of the $3,500/$6,000 call spreads across 10 separate trades, with an initial cost of just over $7 million.
Market Recovery and Outlook
The broader cryptocurrency market has rebounded strongly this week after months of stagnation. Improved macroeconomic conditions and geopolitical developments have boosted optimism, with Ethereum and Bitcoin leading the recovery.
According to CoinCodex, Ethereum’s price trajectory over the next six months is expected to be volatile but generally bullish:
While October appears to be the best month, the months leading up to it show steady price growth.
Risks from Increased Selling by Long-Term Holders
Despite the positive outlook, there are concerns about increased selling pressure from long-term ETH holders. Data from Glassnode reveals a significant rise in the ETH liveliness metric, indicating that investors who usually hold for extended periods are starting to sell.
This uptick in selling activity is the first in three months and suggests that some holders are taking profits amid ETH’s recent gains. Such behavior could create downward pressure on the price and potentially stall the ongoing rally.
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Overall, while traders are optimistic about Ethereum reaching $6,000, the market still faces risks that could impact this trajectory. It will be important to monitor both the technical indicators and holder behavior in the coming months.
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After a sharp drop from its $4,000 valuation in December 2024, ETH began a strong rebound in May. Currently, the token has gained approximately 57% over the past 30 days, signaling renewed investor confidence. Many traders expect this upward momentum to continue through the summer, possibly pushing ETH to a new all-time high (ATH) before 2025 concludes.
Bull Call Spreads Indicate Confidence in ETH’s Upside
Last week, institutional and large-scale traders executed bull call spreads on ETH, betting on a price rally. The strategy involved purchasing $3,500 call options and simultaneously shorting an equal number of calls at the $6,000 strike price. These positions are set to expire on December 26, 2025, meaning ETH must reach or surpass $6,000 by then for the bets to pay off.
The trades were carried out via the over-the-counter platform Paradigm and were later listed on the Deribit exchange. In total, traders executed 30,000 contracts of the $3,500/$6,000 call spreads across 10 separate trades, with an initial cost of just over $7 million.
Market Recovery and Outlook
The broader cryptocurrency market has rebounded strongly this week after months of stagnation. Improved macroeconomic conditions and geopolitical developments have boosted optimism, with Ethereum and Bitcoin leading the recovery.
According to CoinCodex, Ethereum’s price trajectory over the next six months is expected to be volatile but generally bullish:
- June 2025: $2,030
- July 2025: $2,779
- August 2025: $3,307
- September 2025: $3,269
- October 2025: $4,011 (projected 61% rise from current price)
While October appears to be the best month, the months leading up to it show steady price growth.
Risks from Increased Selling by Long-Term Holders
Despite the positive outlook, there are concerns about increased selling pressure from long-term ETH holders. Data from Glassnode reveals a significant rise in the ETH liveliness metric, indicating that investors who usually hold for extended periods are starting to sell.
This uptick in selling activity is the first in three months and suggests that some holders are taking profits amid ETH’s recent gains. Such behavior could create downward pressure on the price and potentially stall the ongoing rally.
---
Overall, while traders are optimistic about Ethereum reaching $6,000, the market still faces risks that could impact this trajectory. It will be important to monitor both the technical indicators and holder behavior in the coming months.
Leer más sobre este tema