The increase in the key metric Velocity can push the price of Ethereum to $6000

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The cryptocurrency Ethereum is entering a new phase of market activity due to the increase in the Velocity indicator, which reflects the speed of ETH circulation. According to analysts, after a long period of low activity that began in 2022, the indicator started to rise from historical lows in 2025, indicating an increase in liquidity and trading engagement.

Velocity has shown a strong correlation with the price dynamics of ETH in the past. In 2017-2018, it almost reached the mark of 50, which was accompanied by a rapid rise in quotes. However, excessive price fluctuations led to the formation of short-term peaks followed by sharp corrections. A similar scenario was observed in 2021, when the rise of Velocity above 20 was also followed by a significant increase in the price of Ethereum, followed by a pullback.

From 2022 to 2024, Velocity was at record low levels, coinciding with a phase of consolidation and accumulation of ETH by investors. During this period, the market remained predominantly sideways, with no significant price impulses. Today, however, the situation is beginning to change: the indicator has risen to about 2, which, although still a low value, indicates the beginning of a new cycle of activity.

At the time of analysis, ETH is trading near $4100. Historically, the smooth increase in Velocity from 2 to 5 and above has created favorable conditions for a sustainable trend. If the current momentum continues, Ethereum may break through the resistance level and establish itself above $4100, paving the way to the $5000–$6000 range.

However, experts emphasize that a sharp increase in Velocity to 10–15 and above may lead to market overheating. In such conditions, there is a risk of short-term speculative spikes and subsequent corrections, which have already been observed in previous cycles. Thus, further movement of Ethereum will largely depend on the nature of the change in Velocity. A gradual increase may contribute to healthy growth and strengthening of ETH's positions.