Ethereum has staged a remarkable comeback, defying naysayers who declared it dead just two months ago. According to crypto analyst Miles Deutscher, the past 30 days have seen ETH's fully diluted valuation surge by 52%, with a staggering $1.2 trillion in trading volume. Fees generated reached approximately $50 million, active addresses are nearing 10 million, and the price has climbed 50%. This resurgence highlights the volatile nature of crypto markets and offers key lessons for traders navigating Ethereum's ecosystem.

Ethereum's Price Momentum and Trading Opportunities

In the last 30 days ending August 15, 2025, ETH's price has appreciated by 50%, moving from lower levels to test significant resistance points. Traders should note that this rally has pushed ETH towards key technical levels, with support now established around the $2,500 mark based on recent price action. The $1.2 trillion trading volume underscores heightened liquidity, making it an attractive asset for both spot and derivatives trading. For instance, perpetual futures on major exchanges have shown increased open interest, signaling bullish sentiment. Investors eyeing entry points might consider dollar-cost averaging during pullbacks, especially if ETH consolidates above $3,000, which could serve as a launchpad for further gains towards $4,000. This performance contrasts with earlier bearish narratives, reminding traders to focus on on-chain metrics like the nearing 10 million active addresses, which indicate growing network adoption and potential for sustained upward momentum.

Analyzing On-Chain Metrics and Market Indicators

Diving deeper into the data, the $50 million in fees generated over the past month points to robust network activity, often a precursor to price appreciation in proof-of-stake blockchains like Ethereum. Active addresses approaching 10 million as of August 15, 2025, reflect expanding user engagement, which correlates with higher transaction volumes and could bolster ETH's role in decentralized finance. From a trading perspective, monitor the ETH/BTC pair, where Ethereum has gained ground, suggesting relative strength against Bitcoin. Volume spikes have been evident in pairs like ETH/USDT, with daily volumes exceeding billions, providing ample opportunities for scalping or swing trading. Resistance levels to watch include $3,500, where previous highs from earlier in the year may cap short-term advances. Conversely, a breach below $2,800 could invalidate the bullish thesis, prompting traders to hedge with options or reduce exposure. Institutional flows, as inferred from rising FDV, indicate big players accumulating, which could amplify volatility—traders should use tools like RSI (currently overbought at 70) and MACD crossovers for timely entries and exits.

The lesson here, as emphasized by Miles Deutscher, is the peril of premature obituaries in crypto. Two months ago, sentiment was dire, but fundamentals like upgrades and ecosystem growth have fueled this ETH season. For stock market correlations, Ethereum's rally aligns with tech-heavy indices like the Nasdaq, where AI-driven narratives boost sentiment in related tokens. Traders can explore cross-market plays, such as pairing ETH longs with AI cryptos like FET or RNDR, capitalizing on thematic synergies. Overall, this period exemplifies how ignoring hype and focusing on data—price surges, volume trends, and on-chain health—can uncover profitable setups. With ETH's market cap expanding, risk management remains crucial; set stop-losses at 5-10% below entry to mitigate downside. As we move forward, watch for upcoming events like potential ETF inflows, which could propel ETH past all-time highs, offering high-reward trading scenarios for the prepared investor.

In summary, Ethereum's 50% price jump and associated metrics as of August 15, 2025, signal a strong bullish phase. Traders should leverage this momentum by analyzing support at $2,500, resistance at $3,500, and integrating volume data for informed decisions. This isn't just a rebound—it's a testament to Ethereum's enduring appeal in the crypto landscape, ripe with trading opportunities for those attuned to market shifts.