While Bitcoin (BTC) raced from record to record in 2025, Ethereum (ETH), which fell behind, finally broke its 2021 ATH and experienced a sharp correction just as it was on the rise. With this correction, Ethereum fell to $4,200 levels, and one analyst said that Ethereum could make a big move soon. Popular cryptocurrency analyst Ali Martinez said in his X analysis that Ethereum has entered the squeeze zone of the Bollinger Bands. Ethereum's Bollinger Bands have narrowed sharply and entered 'squeeze' territory. It could make a big move soon. Generally, when the width of the Bollinger Bands narrows, price volatility decreases and is interpreted as a signal that a strong price increase or decrease may follow. While the analyst argues that Ethereum will make a big move soon, it is more likely to be bullish as institutional investors continue to buy ETH. According to Lookonchain's post, 4 new wallets created in the last 24 hours withdrew 78,229 ETH worth $342 million from Kraken. “Institutions continue to buy ETH! In the last 10 hours, 4 newly created wallets withdrew 78,229 ETH ($342 million) from Kraken. In addition, Trend Research, which sold ETH at a lower price two months ago, has also started buying again. Accordingly, Trend Research purchased 9,377 ETH worth $41.37 million from Binance. “Trend Research is buying back ETH at a higher price. Just 2 months ago, they sold 79,470 ETH ($250 million) worth of shares at an average price of $3,145. In the past 2 hours, they borrowed 88M USDT from Aave, deposited it to Binance, then withdrew 9,377 ETH (worth $41.37M) from Binance. *This is not investment advice. Continue Reading: Institutional Investors Begin Bullish Preparations for Ethereum – Analyst Says "Get Ready!" for ETH
