Ethereum (ETH) is gaining strength in Q2 2025, supported by bullish chart patterns, historical seasonality, and rising institutional interest. After recovering above $1,820, ETH is targeting the $2,000 level, with analysts suggesting a potential rally toward $6,000-$10,000 by year-end if key signals align.

Ascending Triangle and RSI Support Bullish Setup

ETH has been forming an ascending triangle pattern since 2022–a formation known for signaling upward continuation. According to technical analysts, this setup is gaining traction as Ethereum holds firm above critical support and tests resistance between $3,100 and $4,000.

The monthly Relative Strength Index (RSI) has also retested its long-term cyclical support, a signal that previously preceded large rallies. Historically, May has been a strong month for ETH, averaging a 27.36% gain since 2016 and posting a 24.65% increase in May of the previous year. These seasonal trends are adding fuel to bullish expectations for the coming months.

Institutional Inflows and the Pectra Upgrade Strengthen the Outlook

Ethereum’s ecosystem continues to benefit from deepening institutional involvement. Major players like BlackRock and Fidelity are engaging with Ethereum-based investment vehicles–including tokenized products and ETFs–further validating ETH’s long-term position in the market.

Adding to the momentum is the anticipated Pectra upgrade, scheduled for mid-2025. The update includes several Ethereum Improvement Proposals (EIPs) aimed at boosting scalability and efficiency, reinforcing ETH’s appeal to both developers and investors.

Targets Stretch Toward $6,000-$10,000 as Confidence Grows

Ethereum is currently trading near $1,828,23–a modest increase of 1,1% on the week—yet market sentiment remains broadly optimistic. Analysts remain divided on short-term moves, but longer-term forecasts point to a breakout scenario. Price targets range from $6,000 to $8,000, with some projections even calling for a run toward $10,000 by year-end if institutional adoption and technical momentum continue to accelerate.

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