Cryptocurrency dealer and analyst Michael van de Poppe has taken to his social media account to share his prediction of future Ethereum value actions.
“Ethereum to check the highs and proceed the run”
Poppe shared an ETH/BTC chart, mentioning that in each April and Might, the second-largest cryptocurrency noticed “a powerful upwards transfer.” He additionally famous that in Might Ethereum retested the order block (OB), which was a key help stage.
That line on the chart exhibits an space the place massive shopping for curiosity exists traditionally. Subsequently, the surpassing of this space alerts potential for future value development and an asset going towards the highs it reached previously.
The analyst tweeted: “Which means we’re about to check the highs and proceed the run.” Presently, Ethereum is altering palms at 0.02463 BTC or $2,601 per coin.
$ETH has seen a powerful upwards transfer in April and Might,
It has additionally retested the OB at 0.023 and has held there.
Which means we’re about to check the highs and proceed the run. pic.twitter.com/Q2OwnKVflZ
— Michaël van de Poppe (@CryptoMichNL) Might 30, 2025
Ethereum Basis’s strikes massive ETH chunk
Earlier in the present day, Ethereum Basis brought about a commotion inside the neighborhood by transferring 1,000 ETH price roughly $2.6 million to an nameless tackle 0xc061…0B6d. This transaction raised eyebrows and speculations that the Basis is promoting ETH once more with a threat of pushing the ETH value down.
Some commentators underneath the X publish by @lookonchain analytics account about this tagged the AI chatbot Grok, asking it to offer an evidence for this ETH transfer by the Ethereum Basis — notably questioning if an Ethereum sell-off is coming.
Ethereum ETFs rating massive inflows
On Might 29, spot Ethereum exchange-traded funds noticed substantial inflows, totaling +30,183 ETH valued at roughly $80.4 million. The biggest quantity of ETH was scooped up by BlackRock’s iShares Ethereum Belief — 19,977 ETH. Optimistic inflows additionally reached two extra ETFs, Constancy Ethereum Fund and VanEck Ethereum Fund. The previous absorbed 9,740 ETH, whereas the latter obtained 1,098 ETH. The remainder of the ETFs both noticed zero or unfavorable inflows.
Might 29 Replace:
10 #Bitcoin ETFs
NetFlow: +4,007 $BTC(+$430.25M)🟢#iShares(Blackrock) inflows 4,476 $BTC($480.62M) and at the moment holds 663,773 $BTC($71.27B).9 #Ethereum ETFs
NetFlow: +30,183 $ETH(+$80.14M)🟢#iShares(Blackrock) inflows 19,977 $ETH($53.04M) and at the moment holds… pic.twitter.com/PoGNCC7oSp— Lookonchain (@lookonchain) Might 29, 2025
Total, BlackRock has seen weekly inflows of 52,668 ETH. Constancy has absorbed a complete of 26,973 ETH this week.