Will Ethereum ETF Inflows Shift Bitcoin’s Rally in May 2025?
May 2025 has kicked off with a bang across the crypto market. Ethereum ETF inflows on May 1, 2025 from Fidelity reached $5.8 million, fueling speculation that ETH may be gearing up for a long-term breakout. Meanwhile, Bitcoin is dancing around key resistance, and big events like Bitcoin Seoul 2025 are adding fuel to the fire. Let’s break it down.
Bitcoin’s Resistance at $65,000: Strength Meets a Wall
Bitcoin surged toward resistance at $65,000 but was rejected, slipping back to $64,200. This kind of Bitcoin market volatility has swing traders glued to charts. While price still hovers around $95,500 overall, the inability to break $65K cleanly could be a red flag—or a setup for a future breakout. Volume and sentiment will determine the next direction.
Ethereum ETF Inflows vs. Technical Weakness
Despite solid institutional inflows, Ethereum is struggling with bearish signals. The MACD has formed a classic Ethereum bearish crossover, and the RSI indicator is trending lower. ETH faced resistance at $1,800–$1,825 and dropped to $1,760, with traders watching the ETH price support at $1,750 closely. A break below this could signal more pain ahead.
Layer 2 Growth as a Bullish Divergence
Behind the price charts, fundamentals are strong. ETH Layer 2 adoption is surging—active addresses rose 59%, reaching over 15.4 million. This usage growth could be a long-term bullish divergence from short-term price patterns, giving hope to fundamental investors.
Bitcoin Conference in Asia 2025: Seoul Spotlight
Bitcoin Seoul 2025 is on the horizon, bringing together top leaders in crypto. As the premier Bitcoin conference in Asia 2025, it’s expected to spotlight new innovations, adoption efforts, and policy perspectives. Market reactions to announcements here could ripple across the space.
Final Thoughts from Cheetos
Bitcoin remains bullish but faces technical resistance, while Ethereum’s price action battles bearish patterns despite institutional inflows. Add in booming ETH Layer 2 adoption and key global events, and May 2025 is shaping up to be a critical turning point for the market. As always, the charts matter—but so do the narratives.