- Main event driven by Ethereum market signals and analyst insights.
- ETH rebounds 38% against BTC since April.
- Historical undervaluation signals triggered the rally.

Ethereum’s price rebounded 38% against Bitcoin, marking its first significant rally of 2025 since the April lows. Analysts
Cyclop and
Michaël van de Poppe provided insights into this market movement, highlighting the underlying on-chain undervaluation signals.
This price movement illustrates Ethereum’s strong historical May performance, encouraging market optimism. Analysts note ETH’s undervaluation precedes price rallies, reflecting positive sentiment and speculative interest.
The Ethereum to Bitcoin price surge is driven by historical trading patterns and analysts’ perspectives on market signals.
Michaël van de Poppe cited low MVRV ratios as indicative of potential upside, bolstering trader confidence. Both
Ethereum and Bitcoin have seen shifts in their market dynamics, with Ethereum showing significant strength. Analysts like Cyclop have highlighted May as a historically favorable month for ETH, predicting notable price targets.
May is historically the best month for ETH. $2,500 by the month’s end. — Cyclop, Analyst
The immediate impact of the rebound is largely felt by traders relying on Ethereum’s historical outperformance, leading to increased trading activity.
Investor confidence is moderately improved as on-chain signals suggest a reduced risk of overvaluation. The implications for Ethereum and the broader market are profound. As ETH shows renewed vigor, speculation around Bitcoin and altcoins’ performance has intensified. The broader crypto market sentiment is bolstered, with
trading volumes increasing after regulatory proposals for stablecoins.
Investors are closely watching Ethereum’s performance, influenced by historically predictive on-chain data.
Michaël van de Poppe emphasizes the importance of ETH’s MVRV ratio as a historical precursor to rallies. The future expectations for ETH are optimistic; regulatory reforms could further accelerate market momentum. The fear and greed index’s rise indicates improving sentiment, although caution prevails due to regulatory and market volatility.