Ethereum Price Skyrockets 12.11% This Week to $1,803: Investors Eyeing 5K Target?

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Ethereum (ETH) traded bullish this week with a 12.11% gain, trading at $1,803, while daily volumes exceeded $17.3 billion. Earlier this week, long-term holders snapped up 449,000 ETH, marking the largest single-day inflow into accumulation addresses since 2018.

With prices averaging $1,750 on that day, the move reflects growing investor confidence despite underwater positions—these addresses hold ETH at a realized price of $1,981, still above current market levels.

This shift is notable. For years, Ethereum’s realized price had trailed market price, but that flipped recently, highlighting evolving market sentiment and signaling a deeper belief in ETH’s long-term potential.

According to CryptoQuant, the April 22 inflow marked the most significant single-day accumulation in Ethereum’s history.
  • Market Cap: $218.1B
  • Circulating Supply: 120.7M ETH

These numbers cement ETH’s position as the second-largest crypto asset, with accumulation trends reinforcing its “digital oil” narrative among institutions and whales.

Ethereum Onchain Activity Rises, but DeFi Lags Behind

Ethereum’s onchain indicators point to growing engagement with active addresses rising by 10%, climbing from 306,211 to 336,366.

This uptick, combined with rising prices, shows that both retail and institutional users are becoming more active—even as broader risk sentiment remains cautious.

However, Ethereum’s decentralized finance (DeFi) footprint tells a more muted story. According to DefiLlama, weekly DEX volumes remain stagnant, holding at about 1.3 million transactions.

While Ethereum’s base layer remains highly active, the DeFi segment hasn’t regained the momentum it saw during prior bull runs.

Until DeFi usage rebounds, Ethereum’s upside may continue to depend on broader macro catalysts and layer-2 adoption.

Ethereum (ETH) Chart Eyes $1,888 Breakout: What’s Next?

From a technical lens, ETH is holding above the 50 EMA ($1,755) and remains inside a well-respected rising channel. ETH currently trades at $1,811, just shy of resistance at $1,888.

MACD momentum is flattening—indicating potential consolidation—but the bias remains bullish as long as price respects channel support.

For traders, the next few sessions offer two potential setups:

Trade Setup:

  • Buy breakout: Above $1,888
  • Upside targets: $1,959 and $2,035
  • Support to watch: $1,755 (50 EMA)
  • Stop-loss: Below $1,755

Bottom Line

ETH’s underlying fundamentals—accelerating accumulation, healthy address growth, and solid technical support—offer a cautiously optimistic backdrop.

Clearing $1,888 with volume may set the stage for a larger move. But without confirmation, ETH could remain stuck in its current range, leaving the path to $5,000 still uncertain.

BTC Bull Token Nears $5M Mark as 83% Yield Drives Staking Momentum

Investor participation in BTC Bull Token ($BTCBULL) continues to accelerate, with the Ethereum-based project approaching a key funding milestone. As of Friday, the presale has raised over $5million. The token is currently priced at $0.00248, giving prospective buyers a narrow window to enter before the next price adjustment.

Yield-Driven Utility Meets Flexible Access

What differentiates BTCBULL from typical meme assets is its utility-focused design. The project offers a staking mechanism that delivers a projected 83% annual yield, alongside Bitcoin-based distribution rewards. Importantly, stakers can access their tokens at any time—no fixed lockups or withdrawal delays.

Latest Staking Stats:

  • Total Tokens Staked: 1,268,011,229 BTCBULL
  • Annual Yield: 83% APY
  • Unstaking: Anytime access

This structure appeals to both passive income seekers and users looking to capitalize on potential token appreciation—without sacrificing liquidity.

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Presale Snapshot and Market Positioning

The presale is entering its final stretch before the token price increases. With less than $754,000 remaining until the next tier, current buyers are securing positions ahead of anticipated upward repricing.

Presale Metrics (as of today):

  • Token Price: $0.00248
  • USDT Raised: $5M out of $5.74M target

BTCBULL blends yield-generation with upside exposure, offering a unique entry point for those navigating the evolving meme token landscape. As the funding target nears completion, the next pricing phase may arrive sooner than expected.

In the Article
Bitcoin
BTC
$61,000
0.03 %
Ethereum
ETH
$1,569
2.95 %
XRP
XRP
$1.0951
1.68 %
Litecoin
LTC
$42.89
1.50 %
Cardano
ADA
$0.1585
1.72 %

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