• TEXT= DATE: 26.05.2025 Akarun  |  IDO  | GameFi
  • TIMER= 26.05.2025
  • BUTTON= DISCOVER MORE
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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Ethereum price this week

Ethereum price this week: surge triggers short liquidations but investor sentiment stays wary

https://icn.live/wp-content/uploads/2025/05/ethereum-price.mp3
  • by ICN.live
Rami Al-Saadi

Ethereum price this week surged by 29% between May 8 and May 9, surprising much of the crypto market.

After bottoming out at $1,385 in early April, ETH’s breakout caught whales and market makers off guard. Over $400 million in short positions were liquidated within hours, a clear signal of market misalignment.

Despite the explosive move, the Ethereum price this week failed to spark demand for derivatives or spot ETFs. Data shows a third straight day of ETF outflows, totaling $16 million on May 8 alone. Traders also maintained a neutral outlook in ETH futures and options markets. The futures premium hasn’t surpassed the 5% neutral mark, and put-call ratios show balanced expectations.

The weak investor response raises questions: Is this a trend reversal or a fakeout before another test of the $2,000 level?

Whales caught off guard despite the Ethereum price this week hitting 4-year highs

Ethereum still leads in decentralization and total value locked (TVL). With $64 billion in TVL, it far outpaces Solana, Tron, and BNB Chain combined. Yet, the muted enthusiasm hints at a deeper issue. Ethereum network fees have plummeted by 85% since January. With lower fees, staking yields drop, and the protocol burns less ETH, reducing both investor returns and deflationary support.

This Ethereum price surge, impressive as it was, hasn’t translated into broader bullish confidence. Many investors remain cautious, waiting for clearer signs of long-term recovery. Analysts are divided: some see opportunity in short covering, others point to lacking fundamentals.

Ethereum price this week can’t shake off weak ETF and derivatives activity

Geopolitics also entered the picture. Former President Donald Trump reversed his stance on several altcoins he once supported. This shift, tied to lobbying fallout, may help ETH regain narrative dominance. Though speculative, changes in political tone could influence institutional sentiment.

Ethereum price this week reflects a clash between strong price action and cautious fundamentals. The rally might continue toward $2,700 if sentiment improves and competitors like Solana lose political momentum. Until then, ETH remains a story of potential masked by hesitation.

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Why did Ethereum price spike this week?

Ethereum price surged by 29% due to a sharp market reaction to oversold conditions. A 10-week bear cycle bottomed at $1,385 on April 9. The May 8 rally triggered over $400 million in liquidated short positions, surprising many institutional players. Whales and market makers miscalculated momentum, and the sudden surge likely fueled technical buys. However, this price action hasn’t yet been supported by broader fundamentals or increased demand in Ethereum derivatives. Without further conviction in the market, some analysts are unsure whether this marks the start of a bull run or just a bounce.

Why is ETF interest in Ethereum still low despite the price rally?

Despite Ethereum’s best one-day rally in four years, ETF demand didn’t follow. In fact, U.S.-listed Ether ETFs posted $16 million in outflows on May 8. This reflects broader investor caution. Reduced Ethereum network fees have slashed protocol revenue and staking yields. With low fee activity, Ethereum appears less attractive as a yield-generating asset. Moreover, the overall sentiment in the crypto market remains mixed due to macroeconomic and regulatory uncertainty. Until network activity and staking incentives recover, ETF demand may stay muted regardless of price movement.

How is Ethereum performing compared to other blockchains?

Ethereum still leads the crypto space in decentralization and TVL (Total Value Locked), boasting $64 billion locked across protocols. In comparison, Solana, BNB Chain, and Tron together hold $22.3 billion. Network upgrades have enhanced layer-2 scaling, reinforcing Ethereum’s technical superiority. Still, Ethereum has underperformed the overall altcoin market by 17% in 2025. That underperformance, coupled with declining network activity and neutral derivatives sentiment, reflects growing competition and cautious investor interest—even if Ethereum remains a foundational blockchain.

Could Trump’s shift in crypto stance affect Ethereum price?

Yes, geopolitical and regulatory narratives can significantly affect market sentiment. On May 8, President Trump reversed his support for certain altcoins, distancing himself from lobbyists pushing a strategic “crypto reserve.” While speculative, this may indirectly benefit Ethereum by weakening support for its competitors like Solana and Cardano. A more neutral or ETH-positive stance from policymakers could shift investor focus back to Ethereum. In the short term, though, Ethereum price remains more influenced by market structure, derivatives data, and ETF flows than political headlines.

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