Ethereum is showing resilience amid the recent wave of market volatility and uncertainty. While the broader crypto market has pulled back over the past few weeks, ETH continues to hold firm above the $2,500 level — a key psychological and technical support zone. This strength has caught the attention of traders and analysts who see Ethereum’s current price action as a potential launchpad for a move into higher territory. Related Reading: Solana Key Indicator Flashes Buy Signal On Daily Chart – Rally Ahead? Despite the retracement across major altcoins, Ethereum remains structurally intact, with bulls defending the lower boundary of its current range. The lack of panic-selling at these levels suggests growing confidence in ETH’s long-term trajectory, even as macroeconomic pressures — including tighter liquidity and geopolitical uncertainty — continue to weigh on sentiment. Top analyst Ted Pillows recently shared a technical update highlighting that ETH is still trading within a well-defined range. According to his view, Ethereum’s ability to consolidate without losing critical support is a sign of underlying strength. A breakout above the range high could trigger renewed momentum toward the $2,800–$3,000 region, while a breakdown below $2,500 would invalidate the current setup. Ethereum Approaches Pivotal Zone Amid Uncertainty The crypto market has been navigating a volatile environment, and Ethereum is no exception. However, despite the turbulence, ETH has managed to maintain its footing above $2,500 — a key support level that continues to act as a buffer against deeper downside. With Bitcoin holding strong and altcoins preparing for potential breakout moves, the coming weeks could be decisive for Ethereum’s next major trend. ETH currently trades 48% below its all-time high, but price action suggests that bulls are building momentum. Ethereum has absorbed recent volatility well, even as broader market sentiment remains shaken by rising geopolitical tensions, most notably, the growing conflict between Elon Musk and US President Donald Trump. While these headlines have added uncertainty, Ethereum’s ability to stay range-bound reflects growing confidence among investors. Pillows notes that Ethereum is still trading within a well-defined range, and the structure remains intact. According to his analysis, reclaiming the $2,800 level would be a key breakout trigger, potentially opening the door for a fast rally to $4,000. Until then, ETH remains in consolidation mode — but with Bitcoin showing leadership and the market entering a pivotal phase, Ethereum could be on the verge of catching up. If bulls can maintain control and push through resistance, ETH could finally break out of its range and reenter a bullish price discovery phase. But if resistance holds, traders may see another leg of consolidation. Either way, Ethereum is entering a key window where market direction will likely be defined, and how ETH behaves around the $2,800 mark could determine the altcoin outlook for the rest of the summer. Related Reading: Ethereum Stabilizes After Market Drop – Key MA Reclaim Could Trigger A June Rally ETH Weekly Chart Shows Momentum Building Near Resistance Ethereum is holding steady near $2,500 as seen on the weekly chart, showing promising signs of strength despite recent market-wide volatility. After bouncing sharply from sub-$1,800 levels in May, ETH is now consolidating just below the $2,707 resistance — the 50-week simple moving average (SMA). This level coincides with the upper boundary of the current range and remains the key line bulls need to reclaim to unlock further upside. ETH is currently trading above its 34-week EMA ($2,501) and the 200-week SMA ($2,450), both of which are acting as dynamic support. Holding these levels reinforces the idea that buyers are stepping in on dips, providing a strong base for potential continuation. However, the price is still capped by the 100-week SMA at $2,610, making the $2,700–$2,800 region a critical resistance zone. Related Reading: Ethereum Holds Key Range Support After Pullback – Bulls Eye $3,000 Level A weekly close above this cluster of moving averages could trigger a breakout and pave the way toward $3,000 and beyond. Volume has remained elevated during this consolidation, suggesting sustained interest from both traders and investors. Featured image from Dall-E, chart from TradingView
Bitcoin has faced renewed volatility since late May, with the market retracing from recent highs and injecting a fresh dose of uncertainty across the board. While price action has cooled, BTC continues to hold above key levels that bulls are watching closely. The broader sentiment remains fragile, and many investors are on edge, unsure if this is a healthy pause or a setup for deeper downside. Related Reading: Solana Key Indicator Flashes Buy Signal On Daily Chart – Rally Ahead? Analysts are calling for a decisive move above the all-time high to confirm trend continuation, but so far, momentum remains limited. The risk of a further decline still hangs over the market, especially with macro headwinds unresolved and liquidity tight. Top analyst Daan shared a timely technical update, highlighting that both Bitcoin and Ethereum have tested their respective 4-hour 200MA and EMA and bounced. These moving averages are closely watched for short-term trend shifts. The fact that both assets respected them as support could be a subtle but important signal. Still, this bounce needs follow-through. Without a strong push higher, traders may lose conviction, and the window for reclaiming bullish momentum could narrow quickly in the days ahead. Bitcoin Outperforms But Market Risks Loom Bitcoin continues to trade in a tight range just below its all-time high, struggling to break out with conviction but showing clear resilience. Despite repeated attempts from bears, BTC has held above the critical $100,000 psychological level — a key sign of strength as many altcoins lag behind or lose momentum. While some traders remain cautious, Bitcoin’s relative outperformance is beginning to stand out, hinting at the possibility of a decisive move brewing beneath the surface. This strength, however, comes amid rising uncertainty in the broader macro environment. The US economy is entering a more fragile phase, with tightening credit conditions, stubborn inflation, and weakening labor data adding pressure. These developments raise the stakes for risk assets, including Bitcoin, which has historically thrived during expansionary periods but often struggles when liquidity tightens. Daan shared a critical technical update that could help map Bitcoin’s short- and mid-term direction. According to his analysis, both BTC and ETH recently tested their respective 4-hour 200 moving averages (MA) and exponential moving averages (EMA), and successfully bounced from those levels. These indicators are often seen as key dynamic supports during trend formation. If price continues to hold above them, bulls remain in control. But if these levels give way, momentum could flip quickly, opening the door to deeper retracements. For now, the structure still favors the bulls, but the margin for error is shrinking. With Bitcoin holding steady while macro conditions wobble, the next move could set the tone for the rest of the summer. Traders and long-term holders alike should keep an eye on how BTC reacts to these key support zones in the coming days. Related Reading: Ethereum Holds Key Range Support After Pullback – Bulls Eye $3,000 Level Bulls Reclaim Key Levels Bitcoin is showing signs of recovery after bouncing from the $103,600 support zone, as seen in the 4-hour chart. The recent drop to this level was met with strong buying interest, triggering a swift rebound. Price is now consolidating around $105,600, having reclaimed both the 200 EMA ($104,924) and the 200 SMA ($104,816), which had previously acted as dynamic resistance during the pullback. This reclaim is a notable technical development and suggests bulls are regaining short-term control. Volume spikes during the bounce add weight to the move, while shorter-term moving averages like the 34 EMA and 50 SMA are now sloping upward, further supporting the bullish case. Still, BTC must break decisively above $106,600 — a recent lower high — to confirm a shift in trend structure. Related Reading: Bitcoin Sees Largest Net Taker Volume Drop Of 2025 – Traders React To Trump-Elon Clash Above that, the $109,300 resistance stands as the final barrier before retesting all-time highs. On the downside, holding $103,600 remains critical. Losing that level would invalidate the current bounce and open the door to a deeper correction below $100,000. Featured image from Dall-E, chart from TradingView
ETH bounces from $2,460 as buying momentum returns, helped by strong ETF inflows and renewed interest from institutional investors.
Ethereum has faced a sharp pullback, dropping over 10% in the last 24 hours as global tensions and macroeconomic uncertainty shake investor confidence across markets. The retrace comes amid rising US bond yields and escalating trade conflict rhetoric between major global powers, particularly the United States and China. While Bitcoin holds strong above key support levels, altcoins—including Ethereum—are under pressure, prompting caution among short-term traders. Related Reading: Bitcoin Sees Largest Net Taker Volume Drop Of 2025 – Traders React To Trump-Elon Clash However, some analysts believe this dip could present an opportunity rather than a threat. Top analyst Ted Pillows shared technical insights suggesting that Ethereum is holding range support well, even after the sharp decline. According to Pillows, ETH’s ability to stay above critical support zones is a positive sign, with a potential breakout toward higher levels if it manages to reclaim momentum within the range. The coming weeks will likely be decisive for Ethereum and the broader altcoin market. If market volatility calms and Bitcoin continues to consolidate above $100K, Ethereum could lead the next leg up, opening the door for a strong altseason. For now, traders are closely watching how ETH behaves around its current support to determine whether a deeper correction or a bullish reversal is in play. Ethereum Holds Range Support Amid Market Volatility Ethereum is showing resilience despite heightened macro uncertainty and political tensions between Elon Musk and US President Donald Trump. Following a sharp pullback, ETH has managed to defend key support levels, with bulls stepping in near the $2,400 zone. This recovery comes at a time when the crypto market is on edge, reacting to broader financial market volatility and shifting sentiment across global assets. ETH remains approximately 48% below its all-time high, leaving substantial upside potential if momentum continues to build. The coming weeks will be decisive, especially as Bitcoin consolidates above $100,000 and traders look to Ethereum and altcoins for the next leg higher. Despite global headwinds, including inflation and escalating trade tensions, Ethereum is maintaining strength within its current range. Pillows emphasized in a recent analysis that Ethereum is holding range support nicely after the dump. According to his view, reclaiming this range is a key signal that bulls remain in control. If ETH can break through near-term resistance levels and reclaim the $2,600 mark, it opens the door for a push toward $3,000 — a psychological and technical milestone. Related Reading: Ethereum Stabilizes After Market Drop – Key MA Reclaim Could Trigger A June Rally ETH Rebounds As Consolidation Continues Ethereum (ETH) is currently trading around $2,466, holding just above the 34-day EMA at $2,422 after a volatile week. As seen on the daily chart, ETH remains inside a consolidation range between $2,400 and $2,700. Despite recent pressure across altcoins, ETH has managed to avoid a breakdown and is attempting to stabilize above the 50-day and 100-day moving averages. The chart shows that ETH’s recent pullback stopped just before the 100-day SMA (~$2,068), a level that has acted as a strong dynamic support in past cycles. Holding this structure is critical for the bullish outlook to remain intact. If bulls can push the price back above the 200-day SMA at $2,666, Ethereum could attempt a breakout above $2,700 — a move that would likely open the door to $3,000 and signal renewed strength in the broader altcoin market. Related Reading: Solana Horizontal Support Under Pressure – Bearish Target At $142 Volume has remained moderate, suggesting traders are waiting for confirmation before entering new positions. As long as ETH holds above the $2,400–$2,450 region, the bullish thesis remains valid. A daily close below $2,400, however, could expose the asset to a deeper correction toward the $2,200 zone, where the 100-day EMA provides additional technical support. Featured image from Dall-E, chart from TradingView
Ethereum has experienced a sharp pullback, retracing over 10% since yesterday as the broader crypto market faced a wave of volatility. Despite the decline, bulls are showing resilience. ETH failed to break below the critical $2,300 mark and is now holding firm above $2,400, a sign that demand remains strong at current levels. Investors are watching closely as Ethereum consolidates and attempts to recover lost ground. Related Reading: Solana Horizontal Support Under Pressure – Bearish Target At $142 Top analyst M-Log1 shared a technical update indicating that ETH is currently sitting around the 200-period moving average on the 4-hour chart. This level often acts as a major trend indicator, and reclaiming it could spark renewed bullish momentum. According to M-Log1, Ethereum’s price action suggests a potential recovery toward the $2,600 zone, especially if bulls manage to push above the 50 and 100 MAs. This renewed interest in ETH comes at a pivotal moment for altcoins. Many market participants are now evaluating whether this consolidation phase marks the beginning of a larger move for Ethereum and related assets. For now, all eyes remain on key technical levels as the market awaits confirmation of direction. Ethereum Eyes Recovery After Market Shake-Up Ethereum is showing signs of strength amid heightened market volatility sparked by rising tensions between Elon Musk and US President Donald Trump. The sharp war of words between the two high-profile figures triggered a wave of uncertainty in financial markets, prompting swift reactions across the cryptocurrency sector. While Bitcoin remains stable above the $100K level, altcoins have experienced significant pullbacks—ETH included. However, the coming weeks are shaping up to be decisive, with many investors closely watching for signs of recovery. ETH has retraced over 10% in recent sessions but is now bouncing from the lows. Bulls appear confident as Ethereum holds above the $2,400 level and attempts to reclaim key moving averages on the 4-hour chart. According to M-Log1, ETH currently sits near the 200MA, a crucial technical level that often signals trend reversals. He notes that Ethereum is bouncing exactly as expected following last week’s broader altcoin correction. M-Log1’s analysis points to the $2,600 level as the next target. A successful push toward that zone, along with reclaiming the 50 and 100 moving averages, could set the stage for a strong rally throughout June. If ETH manages to build momentum and maintain support, the altcoin market could experience renewed bullish energy. Despite ongoing macroeconomic uncertainty and political risk, Ethereum’s resilience is notable. With technical support holding and confidence slowly returning, the setup remains constructive, assuming bulls continue to defend key levels. As the market digests recent events, ETH’s price action over the next few days will offer critical insight into whether a new altseason can take off or whether further downside is still in play. Related Reading: Ethereum Mirrors Bitcoin 2020 Breakout Setup – Historic Run Incoming? ETH Weekly Chart: Key Levels Hold Ethereum is currently trading around $2,475 on the weekly chart, showing signs of hesitation as it faces strong resistance near the 200-week simple moving average (SMA) at $2,450. Although ETH managed to surge above this level briefly, the candle is showing rejection near the $2,680 area, which coincides with both historical resistance and the upper end of the 34-week EMA ($2,499). This confluence of resistance levels is proving to be a critical zone for bulls to reclaim. Despite the recent bounce from April lows, ETH is still struggling to gain bullish momentum on the higher timeframes. The last few candles reflect indecision, with long wicks and narrowing body size, suggesting that while buyers are defending downside levels, sellers remain active near resistance. If ETH fails to close the week above the 200-week SMA, a pullback toward the $2,300–$2,250 range is likely, which aligns with the 50-week and 100-week moving averages. Related Reading: Ethereum Consolidates Against BTC – Altseason Hopes Hinge On ETH/BTC Breakout On the upside, a strong weekly close above $2,700 would be a major breakout signal, potentially triggering a broader altseason. For now, Ethereum’s weekly structure remains neutral-to-bullish, with consolidation above the 200-week SMA acting as a key battleground for trend confirmation. Featured image from Dall-E, chart from TradingView
Ethereum has so far underperformed in this market cycle but looks ready to mount a parabolic rally based on analysts’ predictions. Crypto analyst Crypto Bullet recently highlighted a bullish pattern on ETH’s chart, which provides a bullish outlook for the altcoin. Ethereum Eyes $3,300 As Morningstar Candle Pattern Forms In an X post, Crypto Bullet predicted that Ethereum could rally to $3,300 as a Morningstar Candle pattern forms for the largest altcoin by market cap. This came as he highlighted the bullish monthly close for ETH and alluded to the monthly chart printing this bullish pattern. With this, the analyst expects a significant rally from Ethereum. Related Reading: Ethereum Price At $8,000: Pundit Predicts Parabolic Run For ETH Crypto Bullet noted that Ethereum is now facing tough resistance, but he believes that the $2,500 resistance will be broken. The analyst added that his next target is $3,300. Meanwhile, crypto analyst Ash Crypto also provided a bullish analysis for ETH, in which he declared that the Wyckoff accumulation was still in play. He remarked that the first major level to reclaim is $3,100, which will be followed by a small correction. Following that, Ash Crypto is confident that ETH will then surge to $4,000, which will initiate an explosive rally. The analyst affirmed that $10,000 is programmed for ETH in this cycle. As NewsBTC reported, crypto analyst Crypto GEM recently predicted that Ethereum could rally to $8,000 by next year. Crypto analyst Titan of Crypto also highlighted $5,000, $7,000, and $8,500 as the targets for ETH’s market structure. Meanwhile, just like Ash Crypto, crypto analyst Mikybull Crypto is also confident that the altcoin can reach as high as $10,000 in this market cycle. He highlighted a similarity between Ethereum’s current price action and that of the 2017 market cycle. Ongoing V-Shape Recovery For ETH In an X post, crypto analyst Titan of Crypto highlighted an ongoing V-shape recovery for Ethereum. He noted that ETH has kicked off a sharp reversal, forming a classic V-shape structure on the weekly chart. His accompanying chart showed that ETH could rally to as high as $7,600 on this run-up. Related Reading: Crypto Trader Dumps XRP Holdings For Ethereum, Explains Why Crypto analyst Mikybull Crypto stated that Ethereum is flirting with a breakout. The analyst further noted that the Relative Strength Index (RSI) is already breaking out. His accompanying chart showed that ETH could rally to as high as $3,600 on this breakout. He also declared that the fifth time of ETH’s move to the MA20 will be a thrust through. The altcoin is expected to break the $2,600 resistance on this move. At the time of writing, the Ethereum price is trading at around $2,450, down almost 6% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
The Ethereum (ETH) price experienced a significant decline on Thursday, falling over 7% and approaching the $2,400 mark. However, expert analysis suggests that a new bullish trend may soon emerge for the second-largest cryptocurrency. Key Metrics Indicate Accumulation By Larger Investors Market analyst Lark Davis took to social media platform X (formerly Twitter) to share insights on Ethereum’s potential. He noted that various on-chain metrics and market behaviors indicate an impending breakout for the ETH price. Notably, Ethereum has been outperforming Bitcoin (BTC) in the second quarter of the year, suggesting growing investor confidence. The recent Pectra upgrade has improved Ethereum’s scalability and reduced its inflation rate, making it more attractive to investors. Related Reading: Bitcoin Price Crash To $100,00 Loading: Next Targets Revealed As Bears Take Over Additionally, the expert highlights that with exchange balances hitting seven-year lows and substantial inflows into Ethereum exchange-traded funds (ETFs), it appears that larger investors are accumulating ETH for the long term. Despite these bullish indicators, Davis cautioned that not all market participants share this optimistic outlook. Betting markets on Polymarket currently assign only a 27% chance that Ethereum will reach a new all-time high by 2025. Critical Support For Ethereum Amid Political Disputes The broader cryptocurrency market also faced challenges on Thursday, with total market capitalization dropping from $3.30 trillion to approximately $3.12 trillion. Bitcoin, XRP, and Solana (SOL) were among the notable cryptocurrencies experiencing losses, retracing by 3%, 5%, and 6%, respectively. In a separate but related development, tensions between US President Donald Trump and his former adviser Elon Musk have surfaced, adding to the day’s market volatility. Trump expressed disappointment over Musk’s criticism of a key tax and spending bill from his administration, suggesting that their “great relationship” may be nearing its end. Musk retaliated by accusing Trump of ingratitude, claiming his support was instrumental in Trump’s election victory. Related Reading: Crypto Analyst Warns: This Bitcoin Bull Cycle Looks Nothing Like 2017 or 2021 This public dispute has drawn attention to the intersection of US politics and cryptocurrency, a dynamic that market analyst Income Sharks noted in a recent post on Elon Musk’s social media site, X. The analyst remarked on the swift impact of political conflicts on crypto markets, emphasizing that the Ethereum price has not yet lost critical support levels. Income Sharks, in his analysis, identified the $2,390 mark as a crucial support point for the altcoin in the immediate term, which could determine the next upward targets of $3,000 and $4,000. While trading at $2,406 when writing, Ethereum finds itself well below its all-time high reached during the market’s last bullish cycle in 2021. As of now, the altcoin stands 50% below its record of $4,878, according to CoinGecko data. Featured image from DALL-E, chart from TradingView.com
Ethereum price started a fresh decline below the $2,550 zone. ETH is now showing a few bearish signs below the $2,500 pivot level. Ethereum started a fresh decline below the $2,550 level. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break below a key rising channel with support at $2,610 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,400 support zone in the near term. Ethereum Price Consolidates Losses Ethereum price started a fresh decline after it failed to surpass $2,650, like Bitcoin. ETH price declined below the $2,565 and $2,550 support levels. Besides, there was a break below a key rising channel with support at $2,610 on the hourly chart of ETH/USD. The pair even dipped below the $2,500 support level. A low was formed at $2,394 and the price is now consolidating losses. Ethereum price is now trading below $2,500 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,460 level. It is close to the 23.6% Fib retracement level of the downward move from the $2,680 swing high to the $2,394 low. The next key resistance is near the $2,500 level. The first major resistance is near the $2,540 level. It is close to the 50% Fib retracement level of the downward move from the $2,680 swing high to the $2,394 low. A clear move above the $2,540 resistance might send the price toward the $2,600 resistance. An upside break above the $2,600 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,650 resistance zone or even $2,720 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,500 resistance, it could start a fresh decline. Initial support on the downside is near the $2,400 level. The first major support sits near the $2,380 zone. A clear move below the $2,380 support might push the price toward the $2,350 support. Any more losses might send the price toward the $2,320 support level in the near term. The next key support sits at $2,250. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,320 Major Resistance Level – $2,500
The EF published an updated treasury policy, outlining plans around token sales, fiat purchases and transparency reporting.
Ethereum is trading at critical levels after breaking past the $2,500 mark earlier this quarter, now attempting to reclaim momentum and push into higher resistance. Despite global macroeconomic pressures—including rising US Treasury yields and persistent trade tensions between the US and China—ETH continues to show resilience. Market analysts believe that Ethereum could be leading the charge into a long-anticipated altseason, provided it holds key levels and breaks above current supply. Related Reading: Solana Analyst Sets $300 Target – Can Bulls Sustain A Rally? Top analyst Ted Pillows recently pointed to a compelling technical pattern: Ethereum has now posted four consecutive two-week green candles, a formation that mirrors Bitcoin’s price structure in early 2020 following the March crash. That period marked the beginning of Bitcoin’s legendary bull run to $69,000. According to Pillows, the similarities between BTC in 2020 and ETH in 2025 are “just mind blowing,” sparking renewed interest from traders who see Ethereum’s current consolidation as a bullish continuation. With investor sentiment slowly recovering and technicals turning favorable, the market is watching ETH closely. If history is any guide, this consolidation could mark the calm before Ethereum’s next major leg higher. However, macro risks still linger, and timing will be critical. Ethereum Resilience Sparks Hopes Of 2020-Like Rally Ethereum is holding strong above the $2,600 level, showing resilience amid global macro uncertainty and volatile market conditions. This consolidation around key support has many investors and analysts anticipating a breakout that could lead Ethereum into a new rally phase, potentially triggering a broader altseason. Despite growing concerns around systemic risk in the bond market and geopolitical tensions between the US and China, Ethereum continues to attract buyers, signaling confidence in its long-term strength. Analysts are watching this range closely. Many believe that if Ethereum can maintain support and break above near-term resistance, it could gain serious momentum. One of the more compelling arguments for a bullish outlook comes from Ted Pillows, who highlights a striking similarity between Ethereum’s current structure and Bitcoin’s behavior in 2020. According to Pillows, Ethereum has now printed four consecutive two-week green candles since bottoming, just as Bitcoin did after the March 2020 crash. That pattern marked the start of BTC’s legendary run to $69,000. The comparison has sparked optimism that ETH may be preparing for a similar breakout, especially if it clears resistance near $2,700–$2,800. While the macro environment remains tense, this technical structure—paired with rising confidence in ETH’s strength—keeps bulls hopeful that a major move is on the horizon. Related Reading: Ethereum Consolidates Against BTC – Altseason Hopes Hinge On ETH/BTC Breakout ETH Price Analysis: Consolidation Above Support Ethereum (ETH) is holding steady around $2,607, consolidating just above the 34-period EMA on the 4-hour chart, which currently sits near $2,594. After the strong surge in early May that saw ETH rally from under $2,000 to highs near $2,850, the price has moved into a tight consolidation range. This sideways action reflects market indecision as buyers and sellers battle for control. Despite the recent volatility, ETH has continued to post higher lows, indicating ongoing bullish pressure. The 50, 100, and 200-period SMAs are aligned below the current price, all trending upward, signaling that the broader trend remains intact. The price is finding consistent support from the 50-period SMA around the $2,590–$2,600 zone, which is a key level to watch. Related Reading: Ethereum Daily Chart Signals Strength Amid Market Uncertainty – Analyst A decisive break above the short-term resistance near $2,680 would be needed to confirm continuation toward $2,800 and potentially retest previous highs. On the downside, a break below $2,590 could trigger a pullback toward $2,500 or lower, especially if BTC shows weakness. Featured image from Dall-E, chart from TradingView
Ethereum (ETH) is retesting a crucial resistance level amid its daily 3% recovery. The cryptocurrency has been rejected from this area since last month’s market recovery, failing to continue its bullish rally. As its price continues its sideways trajectory, an analyst suggests that a 15% move is coming. Related Reading: Bitcoin To Face ‘One Last Speed Bump’ Before Rally To $140,000 – Analyst Ethereum Price Compressing Within Key Levels Since its early May breakout, Ethereum has been trading between the $2,475-$2,680 price range, failing to turn the range’s upper boundary as support for nearly a month. Amid last week’s market pullback, the cryptocurrency retraced around 11% from its three-month high of $2,788 to the range’s lower boundary, bouncing from this area on Monday. At the start of the week, ETH reclaimed the $2,500 mark and continued its recovery rally toward the $2,600 resistance. On Wednesday, the King of Altcoins saw a 3.2% daily surge toward the local range high resistance before retracing to the $2,635 level. Carl Runefelt from The Moon Show highlighted the cryptocurrency’s recent performance, affirming that Ethereum is “showing confidence” by staying inside a key formation in the daily timeframe. According to the chart, Ethereum has been forming an ascending triangle since the May rally, with the upper line around the $2,680-$2,700 mark. Moreover, ETH’s price has been compressing between the support and resistance lines, suggesting a potential 15% move if the price breaks out of the pattern. Runefelt forecasted a surge toward the $3,100 level if the Altcoin reclaims the crucial resistance level. However, if the price is rejected once again from this level, the analyst considers that Ethereum could drop to the $2,300 support zone. Crypto Bullet pointed out a similar pattern on multiple ETH charts, suggesting that a 15%-20% breakout is imminent for the cryptocurrency. Per the post, the ETH Dominance is “about to break out” from an ascending triangle pattern in the 12H chart, while the ETH/BTC and ETH/USD trading pairs are nearing the upper boundary of a one-month symmetrical pattern. ETH Preparing For Liftoff? Analyst Crypto Jelle asserted that once ETH reclaims the major resistance area, between $2,680-$2,850, “everything flies higher.” Notably, a reclaim of this zone would send the cryptocurrency above its multi-year ascending support trendline, which was along amid the Q1 2025 retraces, and set the stage for a surge toward the cycle highs. Meanwhile, Ted Pillows noted that ETH’s performance this cycle resembles Bitcoin’s (BTC) price action in 2020. According to the analyst, Ethereum has formed four consecutive 2-week candles since the April 7 bottom, which mimics BTC’s movement after the March 2020 crash. “The similarities between BTC 2020 and ETH 2025 are just mind-blowing,” he stated, suggesting that Ethereum could reach a new all-time high (ATH) in the coming months if it continues to follow BTC’s 2020-2021 trajectory. Related Reading: Monero (XMR) Jumps 11.5% Amid Crucial Support Retest – Analyst Eyes $420 Resistance Market watcher Merlijn The Trader highlighted the same similarities between the flagship cryptocurrency and Ethereum, adding that the King of Altcoins also “just nailed the Spring & Test phase of Wyckoff.” According to the trader, ETH’s structure “screams one thing: Jump. Across. The. Creek. The breakout is coming.” As of this writing, Ethereum trades at $2,632, a 44.2% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Ethereum price started a fresh increase above the $2,550 zone. ETH is now facing resistance near the $2,640 and $2,665 levels. Ethereum started a fresh increase above the $2,550 level. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $2,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,600 support zone in the near term. Ethereum Price Consolidates Gains Ethereum price started a decent upward move above the $2,500 zone, beating Bitcoin. ETH price was able to climb above the $2,520 and $2,550 resistance levels. The price even cleared the $2,600 resistance zone and tested the $2,665 level. A high was formed at $2,677 and the price is now consolidating gains. There was a minor move below the $2,620 level. The price dipped below the $2,620 level and the 23.6% Fib retracement level of the upward move from the $2,476 swing low to the $2,677 high. Ethereum price is now trading above $2,550 and the 100-hourly Simple Moving Average. There is also a key rising channel forming with support at $2,600 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,640 level. The next key resistance is near the $2,665 level. The first major resistance is near the $2,720 level. A clear move above the $2,720 resistance might send the price toward the $2,780 resistance. An upside break above the $2,780 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,880 resistance zone or even $2,920 in the near term. Downside Break In ETH? If Ethereum fails to clear the $2,665 resistance, it could start a fresh decline. Initial support on the downside is near the $2,600 level. The first major support sits near the $2,575 zone and the 50% Fib retracement level of the upward move from the $2,476 swing low to the $2,677 high. A clear move below the $2,575 support might push the price toward the $2,500 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,575 Major Resistance Level – $2,665
Left-leaning Lee Jae-myung won't change the nation's crypto policies, Hashed CEO Simon Kim said in an interview with CoinDesk
Ethereum is showing impressive resilience as it continues to hold above critical levels despite ongoing market volatility. While Bitcoin struggles to break past its all-time highs, ETH remains stable, maintaining bullish structure and fueling hopes for a broader altcoin rally. Analysts across the market are eyeing a potential altseason, with Ethereum expected to lead the charge once it clears major supply zones. Related Reading: Ethereum Daily Chart Signals Strength Amid Market Uncertainty – Analyst However, the spotlight is shifting to a less discussed but highly significant chart—ETHBTC. According to top analyst Daan, the ETHBTC pair has been consolidating in a tight range between 0.022 and 0.026 since the last squeeze. This consolidation suggests a period of accumulation and reduced volatility, but it also acts as a crucial signal for altcoin momentum. If ETHBTC breaks above the 0.026 resistance level, Daan suggests it could trigger a temporary but powerful rally in ALT/BTC pairs. Sectors closely tied to Ethereum—such as DeFi protocols, ETH-based memecoins, and Layer 2 ecosystems—could benefit most from such a move. Until then, investors are closely monitoring ETH’s performance relative to BTC, as it remains one of the most reliable indicators of capital rotation within the crypto market. ETHBTC Chart Becomes Key to Altseason Outlook Ethereum is currently trading at a pivotal range, with investors closely watching for a breakout that could lead to new highs and potentially ignite the long-anticipated altseason. Despite global tensions and continued macroeconomic uncertainty—particularly surrounding the aggressive and unstable Bond market—ETH has remained relatively strong. Bulls are optimistic, viewing the current consolidation as a healthy pause before the next leg up. One of the most important signals for altcoin momentum is not found on the USD chart, but in the ETHBTC pair. Daan points out that Ethereum’s price relative to Bitcoin has been consolidating between the 0.022 and 0.026 BTC range since the recent squeeze. This range now acts as a pressure point for the market. A breakout above 0.026 would likely catalyze a surge in altcoin strength, especially among Ethereum-related assets like DeFi protocols, ETH-based memecoins, and Layer 2 solutions. However, Daan warns that if ETHBTC drops below 0.0224, it could signal weakness for alts relative to BTC. It’s important to remember that ALT/BTC pairs can fall even if altcoin USD prices rise, particularly during aggressive BTC rallies. The same applies in reverse. For now, ETH’s position in this range remains one of the most telling signs of where the broader crypto market might head next. Related Reading: Ethereum Reclaims Pivotal Level – Key Resistance Around $2,650 Ethereum Faces Resistance As Bulls Attempt Breakout Ethereum (ETH) is currently trading around $2,640, showing signs of strength after holding its ground above the $2,500 mark. On the daily chart, ETH is forming a clear consolidation pattern just below a key resistance zone defined by the 200-day moving average (currently at $2,676). This level has repeatedly capped price action over the past few weeks, signaling strong supply pressure in this area. Despite the lack of a decisive breakout, Ethereum is maintaining a bullish structure with higher lows and consistent volume support. The 34-day EMA has turned upward and currently sits at $2,418, providing dynamic support and reinforcing the short-term uptrend. If ETH can reclaim the 200-day SMA and push above $2,700, a broader rally could follow, potentially opening the path toward $3,000 and beyond. Related Reading: Solana Reclaims Key Support After Sweeping Lows – Early Signs Of Reversal? On the downside, if price fails to break this resistance and sellers take control, immediate support lies near $2,500, followed by stronger demand around $2,350–$2,400 where the 50- and 100-day SMAs converge. For now, Ethereum remains in a balanced state, showing resilience, but still needs a strong catalyst to overcome the technical ceiling that continues to stall upward momentum. Featured image from Dall-E, chart from TradingView
Despite macro uncertainty, ether bounced off key support with high volume, helping reinforce bullish structure above $2,620.
Ethereum continues to demonstrate strength, holding firm above key support levels and outperforming much of the crypto market despite growing macroeconomic uncertainty. Since its April lows, ETH has more than doubled in value, gaining over 100%, and shows no signs of slowing down. While many assets have faced heavy selling pressure amid volatility in global markets, Ethereum remains resilient, showing consistent buying interest and maintaining its upward trajectory. Related Reading: Ethereum Poised For A 5-Figure Breakout – Volatility Is Shaking ‘Weak Hands’ Top analyst Carl Runefelt shared a bullish perspective, noting that Ethereum price stays strong on the daily timeframe. According to Runefelt, if Bitcoin starts moving sideways, Ethereum could seize the opportunity to break out of its current consolidation triangle and lead the next phase of the market rally. His analysis highlights the unique positioning ETH holds at the moment—not only as the second-largest cryptocurrency but also as a potential driver of the next altseason. With ETH holding above $2,600 and approaching key resistance zones, market participants are watching closely. A decisive breakout could ignite widespread momentum across altcoins and mark the beginning of a new phase in the current bull cycle. Ethereum’s performance continues to solidify its role as the foundation of the broader digital asset space. Ethereum At A Pivotal Range: Bulls Eye Breakout Ethereum is currently trading within a tight consolidation range that many investors view as the staging ground for its next major move. After a significant rally that saw ETH gain over 100% since April, the asset is now testing key resistance levels, particularly around $2,650–$2,700. Despite recent macroeconomic tensions, including rising US Treasury yields and persistent geopolitical risks, Ethereum continues to show strength, with bulls holding the line above critical support. Runefelt recently emphasized that Ethereum “refuses to dump on the daily timeframe,” a signal of underlying bullish resilience. His analysis suggests that if Bitcoin begins to move sideways, Ethereum could break out of its consolidation triangle to the upside, potentially sparking the beginning of a long-awaited altseason. From a technical perspective, the consolidation appears constructive. The price has formed higher lows since April and remains above all major moving averages on key timeframes. The $2,300 level is emerging as a strong base, while the bullish target sits at $3,100 if resistance is cleared. Related Reading: Ethereum Supply On Exchanges Hits 7-Year Low – Breakout Loading? Runefelt’s bullish and bearish scenarios—$3,100 on the upside and $2,300 on the downside—underline the importance of the current range. As trading volume compresses and volatility brews, Ethereum looks ready for a decisive move. Should the breakout occur, it could not only lead ETH to new cycle highs but also ignite broader confidence across the altcoin market. ETH Price Analysis – Daily Chart Overview Ethereum (ETH) is currently trading at $2,616, hovering just below the 200-day simple moving average (SMA), which sits around $2,679. This level has acted as a consistent resistance zone over the past few weeks, with ETH failing to close decisively above it. Despite several intraday moves above $2,650, the price has yet to confirm a breakout. Looking at the broader structure, ETH remains in a consolidation range between $2,480 and $2,700 after posting an impressive rally from its April lows near $1,800. The 34-day EMA ($2,406) and the cluster of shorter-term SMAs are trending upwards, indicating that medium-term momentum still favors the bulls. Related Reading: Ethereum Pulls Back 10% But Holds Monthly Gains – Is The Next Pump Loading? Volume has been relatively stable but unremarkable, suggesting a lack of strong conviction from either side. A clean daily close above $2,700 could confirm a breakout and potentially open the door for a move toward $3,000. On the downside, if ETH fails to hold the $2,480 support zone, we could see a pullback to retest the 100-day SMA near $2,065. Featured image from Dall-E, chart from TradingView
Ethereum price started a fresh increase from the $2,470 zone. ETH is now facing resistance near the $2,650 and $2,660 levels. Ethereum started a fresh increase above the $2,500 level. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break below a short-term rising channel with support at $2,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,545 support zone in the near term. Ethereum Price Faces Resistance Ethereum price started a decent recovery wave from the $2,470 zone, beating Bitcoin. ETH price was able to climb above the $2,500 and $2,540 resistance levels. The price cleared the 50% Fib retracement level of the downward move from the $2,788 swing high to the $2,470 low. However, the bears seem to be active below the $2,660 resistance zone. The price is again moving lower below the $2,600 level. There was a break below a short-term rising channel with support at $2,580 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,540 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,620 level. The next key resistance is near the $2,650 level. The first major resistance is near the $2,660 level. It is near the 61.8% Fib retracement level of the downward move from the $2,788 swing high to the $2,470 low. A clear move above the $2,660 resistance might send the price toward the $2,720 resistance. An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,780 resistance zone or even $2,880 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,660 resistance, it could start a fresh decline. Initial support on the downside is near the $2,545 level. The first major support sits near the $2,500 zone. A clear move below the $2,500 support might push the price toward the $2,470 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now near the 50 zone. Major Support Level – $2,545 Major Resistance Level – $2,660
Bizantine Capital is all-in on ETH as Ethereum prepares to take on Solana and return to layer-one dominance.
Ethereum pushed above the $2,600 mark yesterday, signaling renewed momentum, but the rally lost steam as broader market uncertainty capped further gains. Despite this, ETH remains resilient, holding above critical demand levels that have supported its recent uptrend. Investors and analysts alike are watching closely, as Ethereum’s strength could be the catalyst that kicks off the long-anticipated altseason. Related Reading: Ethereum Supply On Exchanges Hits 7-Year Low – Breakout Loading? The broader crypto market remains in a cautious state due to macroeconomic volatility and shifting investor sentiment, but Ethereum’s ability to stay above $2,500 has helped maintain bullish conviction. Many are now eyeing the $2,650 level, which has historically acted as a barrier for upward moves. Top analyst Daan shared a technical analysis noting that ETH is currently pushing into a key resistance area around $2,650. If Ethereum can flip this zone into support, it could open the door for a more aggressive breakout and broader altcoin rally. While risks remain, the overall setup is increasingly favorable for Ethereum bulls, especially if Bitcoin stabilizes and global conditions don’t deteriorate further. The coming days may be pivotal in determining whether ETH can overcome this resistance and lead the next phase of the market cycle. Ethereum Faces Make-Or-Break Level As Speculation Builds Ethereum is once again trading at a pivotal level as the market eyes a potential breakout that could ignite an altseason. After months of underperformance marked by heavy selling pressure and limited upside, ETH has begun to show renewed strength. Bulls have defended key demand zones, and the recent consolidation around the $2,500–$2,600 range is now viewed as a launchpad for higher prices. Despite persistent global tensions, particularly US-China trade friction and rising Treasury yields, ETH has shown signs of resilience. Investors remain optimistic that Ethereum could soon outperform, especially as Bitcoin dominance shows signs of peaking. The long-anticipated shift in capital from BTC into altcoins may be near, and Ethereum is positioned to lead the charge. Daan highlighted Ethereum’s 4-hour chart, pointing to resistance around the $2,650 level as a crucial short-term hurdle. The chart reveals ETH grinding higher but unable, so far, to reclaim the level decisively. Should Ethereum successfully flip $2,650 into support, it would open the path toward $2,700 and potentially spark a bullish continuation. For now, bulls remain in control, but Ethereum needs to break through overhead supply to confirm the start of a new leg up. A decisive move above $2,700 could serve as the catalyst for both ETH and the broader altcoin market, marking a major sentiment shift across the crypto landscape. Related Reading: Ethereum Poised For A 5-Figure Breakout – Volatility Is Shaking ‘Weak Hands’ ETH Price Analysis: Rebound Gains Traction Ethereum is currently trading at $2,604 on the 4-hour chart after rebounding from a local low near $2,500. This recovery places ETH back above its 34-period EMA ($2,566) and all major short-term SMAs (50, 100, and 200), which suggests short-term bullish momentum is returning. However, price is still facing heavy supply just below the $2,650 resistance area, a level that has repeatedly rejected upward moves throughout the past month. The chart shows a clear horizontal range forming between approximately $2,500 and $2,700, with ETH unable to break either end decisively. Volume has remained relatively stable, indicating no strong conviction from bulls or bears yet. The recent bounce, though, marks a higher low, which could hint at a potential trend shift if followed by a higher high. Related Reading: Solana Reclaims Key Support After Sweeping Lows – Early Signs Of Reversal? As ETH approaches the upper bound of this range again, traders should monitor for a breakout above $2,650, which would confirm bullish continuation. Failing to clear this resistance could lead to another rejection back to $2,500 or the 200 SMA near $2,380. For now, Ethereum remains in consolidation mode, but price action is tilting slightly in favor of the bulls as long as support holds. Featured image from Dall-E, chart from TradingView
The Ethereum price action is raising red flags among analysts, with technical indicators pointing toward a potential crash to the $2,000 level. Despite experiencing a significant uptick recently following Bitcoin’s price surge, concerns continue to grow that a deeper correction may be unfolding. Ethereum Price Crash To $2,000 Imminent Based on a new report by Master Ananda, a TradingView crypto analyst, the Ethereum market is flashing warning signs as its price struggles below the critical resistance zone. At press time, Ethereum is trading at approximately $2,605 after being rejected from a local high of around $2,788. Related Reading: Ethereum Price At $8,000: Pundit Predicts Parabolic Run For ETH Ethereum’s 4-hour chart presented by Master Ananda shows that the top altcoin has likely completed a short-term top, and now a corrective move is in play. The analysis hints at a looming price crash, with technical forecasts suggesting a retracement toward the $2,000 level or lower before the next bullish impulse. The analyst’s bearish continuation thesis appears to be a high-probability setup, with Ethereum expected to revisit lower Fibonacci retracement levels. Notably, the chart reveals a subtle bearish divergence forming as the price pushed slightly higher in May but with diminishing momentum. This, in turn, created a rising resistance line while volume and price action failed to confirm new highs. Noticeably, Ethereum’s price has since broken below the 0.230 Fibonacci level, signaling the possible start of a broader correction phase. The next probable support areas lie at $2,280 (0.382 Fib), $2,085 (0.5 Fib), and most significantly, the $1,900 price point at the 0.618 Fib Retracement level. The highlighted green zones in Master Ananda’s chart represent potential support and buying areas, which point to the $1,900 to $1,735 (0.618-0.786 Fib) range as the most likely zone for a higher low to form. The previous major low occurred on April 7, and the expectation is that this correction will end above that level. Until then, a short-term correction remains the most likely scenario, and traders are warned to take caution as the chart further highlights a possibly more resounding crash to $1,385. ETH Trade Strategy: Buy The Dip And Go Long While sharing his bearish thesis for Ethereum, Master Ananda also provided a clear strategy for investors and traders. He advised long-term holders to wait patiently for the projected drop and assess the support reaction before looking for clear reversal signals. Related Reading: Crypto Trader Dumps XRP Holdings For Ethereum, Explains Why Buying into support zones like $1,900 or even as low as $1,736 could provide optimal entry points for long-term positions. While bears may still attempt to short the market, Master Ananda assures that the downside remains limited. The analyst emphasizes the importance of planning and avoiding impulsive trading by creating ideal entry and exit points while respecting the prevailing market trend. With Ethereum’s bullish outlook still intact, this projected price crash could become an opportunity for many traders instead of a threat. Featured image from Getty Images, chart from Tradingview.com
Ether remains elevated after spot ETH ETFs saw their largest weekly inflow of 2025, lifting confidence even as momentum cools above $2,600.
Ethereum is changing hands near $2,600 in midday European trading on 3 June, trimming minor overnight gains but still holding a six-week up-trend that began in late April. In a new video analysis, technical strategist Kevin (@Kev_Capital_TA) argues that the price plateau masks a structural shift now visible on every major Ethereum chart. “I’m seeing things that are so historical that I had to make a video about it—it just cannot be ignored,” he told viewers at the outset. Ethereum Flashes Bullish Setup Not Seen Since 2020 On the monthly ETH-USD chart, Kevin begins by zooming out to the monthly ETH-USD chart. The price, he reminds viewers, has “done nothing but trade in a massive range” ever since April 2021, masking the kind of compression that often precedes violent expansion. The tell-tale turn, in his view, came this April when Ethereum wicked into the $1,400 area only to reverse and close with a candle he labels a “massive demand candle.” That pattern, he notes, has appeared only twice before on a monthly ETH chart—each time after a major correction and each time followed by sustained upside. The May candle delivered confirmation: a 41% body that lifted price back above the long-term super-trend, an area many technicians had already written off as “guaranteed to break.” Related Reading: Ethereum Supply On Exchanges Hits 7-Year Low – Breakout Loading? What makes the structure “so historical,” Kevin argues, is the alignment of high-momentum indicators that rarely fire together. The monthly stochastic RSI is about to execute what he calls a “V-shaped cross” out of oversold territory; the last clean cross marked the 2020 macro bottom. The MACD histogram, meanwhile, has been compressing into what he likens to a symmetrical triangle that has taken four years to complete, signalling “coiled energy” that can only resolve in a large directional move. Even on-chain money-flow readings, he says, are “tied for the lowest level in history—but already reversing,” implying that deep-pocketed holders have begun to accumulate while retail sentiment remains subdued. Kevin then pivots to the dominance metrics that, in his framework, dictate whether a move in Ethereum can spill over into the broader altcoin market. On Ethereum-dominance he pulls up Heikin-Ashi candles to show the first green print in more than a year exactly at the zone that formed the 2019–20 base. “We’re at the same spot ETH dominance bottomed in 2019,” he says, pointing to a series of demand candles that mirror the pre-bull-run pattern of the last cycle. A Market Cipher buy signal has just appeared, the VWAP has crossed the zero line, and money flow is curling up from all-time-low depths. In Kevin’s view, the implication is clear: “Whales are starting to accumulate, and nobody is paying attention.” Related Reading: Ethereum Price At $8,000: Pundit Predicts Parabolic Run For ETH The ETH/BTC ratio completes the trifecta. Here Kevin shows the pair tagging the 0.5 Fibonacci retracement of the entire 2020-21 advance, printing its own demand candles and flipping green on the Heikin-Ashi readout. More striking to him is the monthly stochastic RSI, which has spent 1,066 days—almost three full years—below the 20 threshold that traditionally marks bear-market exhaustion. “It’s game time,” he declares. “This thing is getting ready to cross back up, and the negativity on ETH is happening right under everyone’s nose.” Underlying the technical case is a macro backdrop Kevin believes is becoming incrementally supportive. “You don’t actually need the Fed to cut,” he tells viewers. “We just need guidance—looser policy on the horizon, decent inflation prints—and Ethereum will do the rest.” Historically, he argues, a decisive rotation in ETH has been the trigger for what he calls “durable altcoin outperformance,” because it signals that risk capital is migrating down the market-cap spectrum. In that sense, a true Ethereum breakout is less a single-asset story than a signal for an entire sector. Sceptics will note that Ethereum still faces heavy resistance in the $2,800–3,000 zone and that previous rallies have stalled at that ceiling. Kevin concedes the level is critical but insists the weight of monthly signals makes a sustained breach increasingly likely. “These are monthly timeframes,” he cautions. “They don’t play out overnight, but the evidence says the multi-year bear market in ETH-BTC is ending.” At press time, ETH traded at $2,607. Featured image created with DALL.E, chart from TradingView.com
Critics of the foundation have repeatedly raised the alarm that the blockchain could lose its edge if it fails to address core design issues.
Ethereum has been one of the top-performing crypto assets since early April, rallying more than 100% from its cycle lows near $1,600 to a recent high above $2,700. This sharp recovery positioned ETH as a leader in the broader market’s bullish trend, even sparking renewed discussions around a potential altseason. Related Reading: Ethereum Bulls Defend Support – Key Indicator Hints At Short-Term Rally However, momentum now appears to be fading. Over the past week, ETH has struggled to break above key resistance levels, and selling pressure is beginning to mount as global macroeconomic conditions grow increasingly uncertain. Despite these headwinds, one key on-chain signal suggests long-term confidence remains strong: data from Glassnode reveals that Ethereum’s supply on centralized exchanges has dropped to its lowest level in seven years. This trend, typically interpreted as a sign of reduced selling pressure, indicates that investors may be increasingly moving ETH to self-custody wallets, possibly in anticipation of further upside. As ETH flirts with critical support levels, this deep reduction in exchange supply could act as a stabilizing force, reinforcing the asset’s long-term bullish case amid short-term uncertainty. Ethereum Faces Key Breakout Test As Supply On Exchanges Plunges Ethereum is currently trading at a critical juncture, consolidating around the $2,500 mark after a strong rally that began in early April. Many investors believe this consolidation phase could be the calm before a breakout, potentially pushing ETH into new highs and setting the stage for a broader altseason. The recent pullback has been orderly so far, with price action respecting major support zones, and market participants remain cautiously optimistic. Despite persistent global tensions—including rising US Treasury yields and continued trade uncertainty between the US and China—Ethereum’s fundamentals appear to be strengthening. One of the most bullish signals comes from top analyst Quinten Francois, who highlighted on-chain data showing that Ethereum’s supply on centralized exchanges has now fallen to its lowest level in seven years. This development is critical because it signals a deep reduction in potential sell-side pressure. When fewer coins are available on exchanges, it typically indicates that investors are moving their holdings to long-term cold storage rather than preparing to sell. In the past, such shifts have often preceded major price surges. If demand increases while supply remains limited, the market could face a supply shock, fueling a rapid move to the upside. This setup has led analysts and traders to watch Ethereum closely, as it continues to form a base just below key resistance around $2,700. A confirmed breakout above this level, paired with the shrinking supply on exchanges, could trigger aggressive buying and potentially kick off a new phase of bullish momentum. With confidence building and long-term fundamentals improving, Ethereum’s current consolidation might just be the final pause before a major leg higher. Related Reading: Solana Reclaims Key Support After Sweeping Lows – Early Signs Of Reversal? ETH Holds Crucial Support Amid Market Pullback Ethereum (ETH) is currently trading around $2,484, showing signs of consolidation after several attempts to break through the $2,700 resistance zone. On the 4-hour chart, price action reveals a gradual decline from recent highs, with lower highs forming and ETH slipping below the 34 EMA ($2,557). This breakdown below the short-term moving averages suggests weakening momentum, while the price now hovers just above the 100 SMA ($2,559), a level that has acted as dynamic support in previous retracements. Volume has also decreased slightly during this pullback, indicating that the recent selling may lack strong conviction. However, if ETH fails to reclaim $2,550 in the next few sessions, bearish momentum could accelerate toward the 200 SMA at approximately $2,358. Related Reading: Solana Flashes Buy Signal – $159 Support Key For Rebound On the bullish side, this consolidation above $2,450 continues to show resilience, especially given the macroeconomic backdrop and market-wide volatility. If Ethereum can hold this range and reclaim the 34 EMA with strong volume, it could stage a rebound and retest the $2,650–$2,700 zone, a critical level for a breakout. Featured image from Dall-E, chart from TradingView
Crypto pundit Crypto GEM has provided an ultra-bullish outlook for the Ethereum price, predicting that it could reach a new all-time high (ATH) this market cycle. Based on his prediction, ETH could record a 3x gain as it makes this parabolic run. Ethereum Price To Rally To $8,000 In an X post, Crypto GEM declared that the Ethereum price will go parabolic this cycle, predicting that it can reach as high as $8,000. His accompanying chart showed that ETH can reach this target by July 2026. Crypto analyst Mikybull Crypto has also stated that his targets for ETH in this cycle are between $8,000 and $10,000. Related Reading: Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’ In a recent analysis, Mikybull Crypto revealed that the current Ethereum price was showing a similar price action to the 2017 market cycle. Based on this similarity, he remarked that ETH might pull a higher price target to at least $8,000. Despite the altcoin’s underperformance in this cycle, the analyst has been one of those who have been confident that it will still record a parabolic rally in this bull run. In the short term, Mikybull Crypto predicts that the Ethereum price can rally above $3,000. In an X post, he stated that ETH is still coiling up within the ascending triangle. He added that the target is $3,200 on this potential breakout. He again reaffirmed this prediction in another X analysis. The analyst claimed that the same formation is playing out in a different scenario and remarked that market participants should prepare for a “melt-up.” His accompanying chart showed that the Ethereum price could even rally above $3,600 on this run-up. This would put ETH close to the psychological $4,000 price, which could pave the way for the run to a new all-time high (ATH). ETH Eyes $3,800 As Bull Flag Forms In an X post, crypto analyst Titan of Crypto predicted that the Ethereum price could rally to $3,800 as a bull flag forms. He stated that ETH just broke out and that this bullish pattern is playing out. If confirmed, the analyst remarked that the next target sits around $3,800. This is just an intermediate target as Titan of Crypto expects Ethereum to rally higher in the long run. Related Reading: Ethereum Founder Pushes ETH As Cash-Substitute, Can This Drive Price Above $4,000? Like Crypto GEM and Mikybull Crypto, the analyst also believes that the Ethereum price can reach $8,000 at some point. In an X post, Titan of Crypto highlighted Ethereum’s market structure and potential targets. The first target for ETH is just above $5,000, the second is just above $7,000, and the third target is $8,500. At the time of writing, the Ethereum price is trading at around $2,500, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Ethereum is trading just below the $2,500 mark, struggling to reclaim higher ground as bearish momentum picks up across the broader crypto market. After repeated failed attempts to break past resistance, ETH now sits under heavy selling pressure, raising concerns about a deeper correction. Bulls appear to be losing control as overall market sentiment weakens amid global economic uncertainty and the persistent weight of rising US Treasury yields. Some market participants are now bracing for a significant downturn if Ethereum fails to hold above key demand zones. Related Reading: Solana Reclaims Key Support After Sweeping Lows – Early Signs Of Reversal? However, not everyone is turning bearish. Some prominent analysts maintain a highly bullish long-term view, arguing that Ethereum still has significant upside this cycle. According to Ted Pillows, Ethereum could reach $10,000 before the cycle ends. From his perspective, current price action represents a temporary dip rather than a trend reversal, and accumulating during weakness is the smarter move for long-term investors. While short-term uncertainty dominates headlines, long-term conviction remains strong among Ethereum supporters who point to rising institutional interest, declining exchange supply, and the overall maturing of the Ethereum ecosystem as reasons to stay optimistic. For now, ETH’s position just under $2,500 sets the stage for a critical test in the days ahead. Ethereum Analysts Eye Breakout Potential Ethereum is currently testing a crucial support level at $2,500 after repeatedly reaching the $2,700 resistance over the past few weeks. This zone has proven difficult to break, but bulls are still holding the line. If ETH manages to reclaim the upper range and close above it, analysts believe it could ignite the altseason the market has been waiting for. Despite Ethereum’s underperformance over the past year, marked by a lack of sustained momentum and significant selling pressure, the recent price action suggests a shift. Over the past few weeks, ETH has entered a more bullish phase, supported by increasing on-chain activity and stronger demand. Some analysts remain firmly bullish. Ted Pillows, for example, has projected that Ethereum is headed above $10,000 this cycle. While short-term volatility may cause concern, long-term conviction remains strong. For many investors, the message is clear: embrace the dips, accumulate strategically, and avoid panic selling. Technical sentiment across the board is turning cautiously optimistic. Market watchers point to Ethereum’s resilience at the $2,500 level as a sign of building strength. If this support holds and bulls step in with volume, the breakout above $2,700 could be swift and aggressive. Related Reading: Ethereum Pulls Back 10% But Holds Monthly Gains – Is The Next Pump Loading? ETH Tests Key Support As Bulls Defend $2,500 Ethereum is currently trading around $2,488 after a 2% daily drop, showing continued weakness below the crucial $2,700 resistance zone. The chart highlights a clear consolidation range forming since early May, with ETH repeatedly failing to close above the 200-day SMA, currently around $2,680. This long-term moving average is acting as a significant barrier, preventing any breakout momentum from gaining traction. Support remains at the lower boundary of the range near $2,470–$2,500, where buyers have consistently stepped in to absorb selling pressure. This area coincides with the 34-day EMA at $2,386 and the 100-day SMA just below current levels, forming a dense cluster of technical support. However, volume has been declining, suggesting that neither bulls nor bears have clear control. If Ethereum loses the $2,470 level decisively, the next key area to watch lies near $2,300, where the 50-day SMA could act as a cushion. Related Reading: Solana Flashes Buy Signal – $159 Support Key For Rebound Conversely, reclaiming $2,700 with strength could signal the beginning of a larger move to the upside. Until then, ETH remains stuck in a range, and traders will be watching closely for a decisive break—up or down to define Ethereum’s next major trend. Featured image from Dall-E, chart from TradingView
ETH bounces 1.7% off intraday lows as buyers reclaim control, with surging volume hinting at a bullish trend shift above critical support.
Ethereum price started a fresh decline from the $2,620 resistance zone. ETH is now trading below $2,580 and might continue to move down. Ethereum started a downside correction below the $2,600 level. The price is trading below $2,600 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,470 support zone in the near term. Ethereum Price Dips Again Ethereum price started a fresh decline from the $2,650 support zone, like Bitcoin. ETH price failed to recover losses and extended its decline below the $2,600 level. The price even declined below the $2,550 level. A low was formed at $2,470 and the price is now consolidating losses. There was a move above the $2,500 level. Besides, there was a break above a key bearish trend line with resistance at $2,500 on the hourly chart of ETH/USD. The price tested the 23.6% Fib retracement level of the downward move from the $2,787 swing high to the $2,470 low. Ethereum price is now trading below $2,600 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,550 level. The next key resistance is near the $2,600 level. The first major resistance is near the $2,620 level. It is near the 50% Fib retracement level of the downward move from the $2,787 swing high to the $2,470 low. A clear move above the $2,620 resistance might send the price toward the $2,720 resistance. An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,780 resistance zone or even $2,880 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,600 resistance, it could start a fresh decline. Initial support on the downside is near the $2,500 level. The first major support sits near the $2,470 zone. A clear move below the $2,470 support might push the price toward the $2,420 support. Any more losses might send the price toward the $2,350 support level in the near term. The next key support sits at $2,320. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,470 Major Resistance Level – $2,600
A sudden spike in volume triggered a plunge below $2,500, fueling speculation that major players are quietly offloading ETH.
Ethereum is holding strong above the $2,500 level, showing resilience as the broader crypto market undergoes a healthy pullback. Despite recent volatility, ETH continues to trade within a bullish structure, fueling optimism that it could lead the next leg of the market’s rally. Analysts are closely watching Ethereum’s price action, calling for a potential breakout that might set the tone for an anticipated altseason. Related Reading: Solana Flashes Buy Signal – $159 Support Key For Rebound Top analyst Ted Pillows shared key insights, noting that Ethereum is down just 10% from its local highs, yet up nearly 50% this month alone. This strong monthly performance is a clear indication that Ethereum remains in an uptrend, even as short-term corrections occur. According to Pillows, this kind of price behavior—holding steady while the market resets—often precedes aggressive moves, particularly if Ethereum can reclaim higher resistance levels in the coming days. With Bitcoin consolidating below its all-time highs and market participants eyeing renewed capital rotation into altcoins, Ethereum is well-positioned to act as a catalyst. A decisive move above $2,700 could validate the bullish outlook and trigger broader momentum across the altcoin market. For now, Ethereum’s relative strength continues to stand out amid market uncertainty. Ethereum Uptrend Holds Firm Despite Global Tensions Ethereum is facing a pivotal test as it continues to trade within a tight range since May 10th, hovering between key support and resistance zones. While macroeconomic uncertainty weighs heavily on traditional markets—driven by rising US Treasury yields and geopolitical tensions—Ethereum has shown impressive resilience. Bulls remain confident that ETH has room to push higher, supported by strong fundamentals and improving investor sentiment. Pillows highlights that despite a recent 10% pullback from local highs, Ethereum is still up nearly 50% this month. This sharp monthly gain clearly indicates that ETH remains in a strong uptrend, even as volatility tests short-term conviction. The fact that ETH has maintained higher lows throughout this range-bound structure reinforces the idea of accumulation, not distribution. Beyond price action, on-chain and institutional signals point toward sustained demand. ETF inflows for Ethereum have begun to pick up, albeit at a slower pace than Bitcoin’s. However, due to Ethereum’s smaller market cap, these flows have a more pronounced impact. Additionally, multiple firms are reportedly raising over $1 billion to acquire ETH, signaling long-term confidence in the asset’s role in the evolving digital economy. Pillows sees the stage set for Ethereum’s next major leg up. If the $2,700–$2,850 resistance zone is broken with conviction, it could trigger a strong rally that positions ETH as a leader in a potential altseason. For now, Ethereum’s steady hand in turbulent times is a bullish signal in itself. Related Reading: Ethereum Bulls Defend Support – Key Indicator Hints At Short-Term Rally Ethereum Weekly Chart Holds Firm Ethereum is showing resilience on the weekly chart, trading at $2,509 after reaching a high of $2,789 earlier in the week. While the price has pulled back slightly, it remains firmly above the 200-week SMA ($2,452) and the 34-week EMA ($2,498), which is a strong sign of underlying bullish structure. This area is now acting as solid support after ETH’s 50% rally off the April lows. What’s technically notable is that ETH is challenging the underside of the 100-week and 50-week SMAs, both of which have previously acted as resistance throughout this cycle. A close above $2,725 would mark a significant shift in trend, confirming bullish continuation and opening the door for a test of the $3,000–$3,200 zone. Related Reading: Ethereum Pulls Back To 20DMA After $2,700 Rejection: Testing Strength At Key Support Volume has slightly decreased from the breakout candle three weeks ago, suggesting consolidation rather than weakness. Bulls want to see ETH reclaim the $2,725 level with conviction to spark momentum. Until then, the current structure favors a slow grind higher unless macro volatility accelerates. Featured image from Dall-E, chart from TradingView