Ethereum Set for February Rebound? Whale Activity and $4K Resistance in Focus

Ethereum has historically posted strong February gains, averaging 17% over eight years.
If broken, $4K remains the key resistance level, with projections of $9K-$10K.
Whale activity remains subdued, suggesting an organic rally rather than speculative hype.

Ethereums price action has been a mixed bag so far in 2025, with a 5.6% decline in January. However, historical data suggests a potential February rebound, as ETH has averaged a 17% gain in the past eight years, with a notable 46% surge in February 2024.

Market observers closely follow institution activity, namely, in a significant development, former U.S. President Donald Trumps World Liberty Fi, having accumulated considerable Ethereum assets.

$ETH is down 5.6% in January so far

Last year, $ETH went up 46% in Feb, with an average gain of 17% in February in the past 8 years.

With Trump's World Liberty Fi buying truckloads of Ethereum, will February be a bullish month for ETH? pic.twitter.com/dyw0vwrMJN
Lark Davis (@TheCryptoLark) January 29, 2025

While activity in terms of on-chain is subdued, significant price levels are in focus. Analyst Ted saw Ethereum printing higher lows in the larger timeframe, a sign of strengthening.

For him, getting $4K back is a must, and a break through could make new all-time highs a reality, with ETH potentially touching $9K-$10K in a matter of months time. Trumps increased Ethereum buying places yet another bullish seal of approval in the marketplace.

Technical Patterns and Whale Activity Paint a Mixed Picture

Although bullish, a few observers have sounded a note of caution, predicting a potential dip. Analyst Ali mentioned a head-and-shoulders formation, one thats been trending on social networks, in a report. In the case of a confirmed head-and-shoulders, a fall to $2,900 could serve as a buying opportunity, but a fall below $2,700-$2,500 could mean larger drops.

Meanwhile, volumes in whale activity have been below in preceding bull runs, and investors have been speculating in anticipation of direction. Unlike the 2017 and 2021 cycles, large institution orders have not defined Ethereums current run, and a retail-fuelled uptrend is suspected.

Though intermittent whipsaw spikes have been noticed, none have been at a level that tends to mark a significant breakout or sell-off. Experts believe a rapid spurt in whipsaws and price weakness could represent distribution and not buying, and a move towards $2,800-$2,500 could follow through.

Will Ethereum Push Past $4K?

Now that ETH has recovered $3,000, the key resistance at $3,500 comes into view. Sustained price appreciation over that level, accompanied by growing whale activity, can confirm a larger bull run. But a pullback, or a range-bound move, can become a reality in case of lacklustre institution buying.

All eyes will then fall on Februarys price activity. As in the previous behavior, Ethereums price can go back under bull control. However, with Trumps continuous buying and whale activity in limbo, investors will tread cautiously in anticipation of Ethereums next stage in its price cycle.

_^Disclaimer:

^{The information provided on this website is intended for general informational purposes only and does not constitute professional financial advice. Users should conduct their own research and consult with a licensed financial advisor before making any investment decisions. By using this site, you acknowledge and accept that you are solely responsible for your investment choices and any associated risks.}

Text source: TronWeekly

News