Altcoins News

Story: Ethereum Poised for Breakout? SOPR Signals $5,000 Upside

By Pankaj K

1 / 15

Ethereum Recovers After a Healthy Reset. According to recent data from CryptoQuant and Binance, Ethereum went through a market “reset”…

2 / 15

SOPR Signals Strong Buying Pressure. The Spent Output Profit Ratio (SOPR) is a key on-chain indicator that tracks whether investors are…

3 / 15

Reaccumulation Supports Upside Momentum. Ethereum is currently showing signs of reaccumulation, with investors gradually increasing their…

4 / 15

Exchange Reserves Hit Multi-Year Lows. On-chain data also shows a continued decline in Ethereum reserves on major exchanges.

5 / 15

Technical Indicators Suggest Further Gains. From a technical perspective, Ethereum’s Relative Strength Index (RSI) has started to signal…

6 / 15

Key Levels to Watch. For traders, several price levels are critical. The $4,000 support zone must hold to maintain…

7 / 15

Conclusion: Ethereum Eyes $5,000. Ethereum’s recent rebound from $3,800, strong SOPR signals, declining exchange reserves, and…

8 / 15

Ethereum (ETH) has been showing renewed bullish momentum after a recent reset, with traders closely watching technical indicators and on-chain data for signs of a potential…

9 / 15

The SOPR metric, which measures profit-taking activity, remained mostly in a neutral zone of 0.98–1.03.

10 / 15

The Spent Output Profit Ratio (SOPR) is a key on-chain indicator that tracks whether investors are selling at a profit or a loss. A SOPR above 1.

11 / 15

This pattern suggests that ETH’s local bottom around $3,800–$3,900 is holding firm, and buyers continue to step in before prices can drop significantly.

12 / 15

The combination of SOPR stability and strong support levels gives ETH a bullish technical outlook, suggesting that the current trend could extend well into Q4 2025.

13 / 15

On-chain data also shows a continued decline in Ethereum reserves on major exchanges. Increasingly, investors are withdrawing ETH for self-custody or staking, which reduces the…

14 / 15

Whale behavior further reinforces the bullish case. Recent reports indicate that large holders accumulated up to $1.

15 / 15

Some technical models even suggest that in a highly bullish scenario, Ethereum could test levels as high as $8,000, though more conservative estimates place $5,000 as a near-term…

The Currency Analytics

Want the full story?