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Is Ethereum Consolidating Ahead of a Mega Rally? Here’s Where the ETH Price May Reach by the End of Q2 2025

  • Ethereum price is consolidating within a tight range, potentially waiting for a major signal amidst uncertainty over sustainability of upcoming surge.
  • ETH price has surged above $2500 but struggles to break $2600, signaling bullish potential if a breakout above $3200 occurs.
  • On-chain data suggests disparity with chart patterns, as buy-take ratio drops below 1, hinting at dominant bearish sentiment.
  • Rising open interest in Ethereum poses potential trouble; upcoming monthly close crucial for price rally outcome.

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