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
Ethereum is trading near a crucial support zone as the entire crypto market undergoes a retracement phase. After days of bullish momentum, ETH now hovers around the $2,550 level—a line that could determine the short-term trajectory. Despite the pullback, Ethereum remains relatively strong compared to other assets, showing signs that bulls still maintain control of the structure. Related Reading: Ethereum Pulls Back To 20DMA After $2,700 Rejection: Testing Strength At Key Support However, risks are rising. If Ethereum loses this key demand zone, bearish pressure could intensify and trigger further downside across the altcoin market. Investors are watching closely as ETH tries to stabilize after multiple attempts to reclaim higher levels in recent weeks. Top analyst Ali Martinez shared a technical signal that could offer hope for bulls. According to Martinez, if ETH manages to hold above $2,550, the TD Sequential indicator on the 4-hour chart is flashing a buy signal, pointing to a potential rebound toward $2,650. This aligns with the idea that consolidation near strong demand often leads to upside continuation if momentum holds. Ethereum Builds Strength Amid Uncertainty Ethereum is holding up well despite widespread market volatility, trading confidently above the $2,400 level. The asset continues to show strength as it consolidates within a key demand zone, positioning itself for a potential move higher. This resilience is drawing the attention of analysts, many of whom believe ETH is preparing for an impulsive breakout that could ignite a broader altseason. While the technical outlook remains constructive, global tensions continue to shape investor sentiment. The ongoing trade friction between the US and China, combined with rising US Treasury yields, is injecting uncertainty into the macroeconomic landscape. These systemic risks have the potential to disrupt financial markets, but so far, cryptocurrencies—especially Bitcoin and Ethereum—have remained relatively firm. Martinez shared a technical setup that could validate the bullish thesis. According to Martinez, Ethereum is flashing a TD Sequential buy signal on the 4-hour chart, signaling a likely rebound if ETH continues to hold above $2,550. This would position the asset for a move toward $2,650—a level that could confirm bullish momentum and bring altcoins back into focus. If Ethereum can maintain its current support and break through immediate resistance, it could serve as a spark for renewed optimism across the crypto sector. Related Reading: Ethereum Daily Gas Usage Hits New Highs – Real Demand Powers ETH Growth Bulls Face Key Support After Breakdown Below $2,550 Ethereum is under pressure as it drops below the $2,550 support level, now trading around $2,493. On the 4-hour chart, ETH has clearly lost momentum, slipping below the 34 EMA ($2,608) and also breaking beneath the 50 and 100 SMAs—levels that previously acted as support during consolidation. The recent rejection from the $2,800 range triggered a sharp correction, with increasing volume suggesting strong selling activity. The next key area to watch is around $2,450, which aligns with previous consolidation zones and could serve as short-term support. If this level fails to hold, ETH could retest the 200 SMA near $2,300, a crucial level that also lines up with early May breakout levels. Related Reading: Ethereum Spot Premium Signals Strength – $2,800 Resistance In Focus Despite the pullback, Ethereum remains within a broader uptrend. A reclaim of the $2,550–$2,600 zone could restore bullish momentum and set the stage for another attempt at the $2,700–$2,800 resistance range. The TD Sequential buy signal, previously active above $2,550, has now been invalidated, signaling caution for traders. All eyes are now on the bulls to see if they can defend this region and reset the short-term structure for a rebound. Featured image from Dall-E, chart from TradingView
Ethereum’s price action has demonstrated a pullback in recent days, reacting to broader market cues, including geopolitical developments. As of the time of writing, the asset is trading at $2,621, marking a 3.2% decline over the last 24 hours. The drop follows recent reports of a federal court reinstating US President Donald Trump’s tariffs, which appear to have triggered a brief wave of risk-off sentiment across the crypto asset space. Despite this short-term weakness, ETH remains up approximately 45% over the past month, supported by momentum built earlier in the quarter. Related Reading: Ethereum Spot Premium Signals Strength – $2,800 Resistance In Focus Large Ethereum Inflows to Binance Spark Caution This latest pullback coincides with a notable increase in on-chain activity, particularly surrounding Ethereum transfers to exchanges. On May 27, an unusually large transfer of ETH was observed moving to Binance, a trend that has caught the attention of a CryptoQuant analyst monitoring potential profit-taking behavior. Parallel to this, Bitcoin’s Net Unrealized Profit/Loss (NUPL) metric has reached a key level historically associated with market cooling phases, hinting that broader sentiment may be at a transitional point. According to CryptoQuant contributor Amr Taha, Ethereum experienced a substantial net inflow of approximately 385,000 ETH to Binance beginning on May 27. This marks one of the largest daily exchange inflows for the asset in recent months. Exchange inflows of this magnitude are often interpreted as signals of increased selling intent, particularly when driven by larger holders or institutional entities. The movement of such a high volume of ETH to a centralized exchange may reflect preparations for liquidity provision or anticipated market volatility. At the same time, Bitcoin’s NUPL, a metric that calculates the difference between unrealized profits and losses relative to market cap, has approached the 0.6 threshold. Historically, this level has acted as a pivot point where investors begin realizing gains, typically leading to price consolidation or downward pressure. Previous occurrences in early March and late 2024 saw NUPL at similar levels, followed by pullbacks in Bitcoin’s price, which also influenced broader market direction. Signals Suggest Potential Consolidation Phase Taken together, these developments present key indicators that market participants are adjusting their positions amid heightened uncertainty. Taha emphasized that while not definitive sell signals, the 385,000 ETH inflow to Binance and the NUPL’s rise to 0.6 are noteworthy. In prior cycles, similar patterns coincided with phases where investors reduced exposure or rotated assets. As ETH remains near local highs, the potential for short-term correction or sideways movement cannot be dismissed. Related Reading: Ethereum Market Outlook: Technical Indicators Signal Possible Continuation of Uptrend Taha concluded that investors may consider monitoring exchange inflows alongside NUPL and other on-chain metrics to better gauge sentiment shifts. Additionally, developments in regulatory or macroeconomic narratives, such as US trade policies or broader equity market behavior, could further influence crypto price dynamics. While Ethereum continues to demonstrate long-term strength, recent signals point to a phase of caution and strategic reassessment in the near term. Featured image created with DALL-E, Chart from TradingView
Ethereum is showing renewed strength as it consolidates above the $2,500 mark, signaling resilience in the face of broader market volatility. After several weeks of testing the $2,700 region, ETH remains within striking distance of this critical resistance, keeping bullish momentum alive. Market sentiment has shifted in Ethereum’s favor, with analysts and investors increasingly pointing to the possibility of an upcoming altseason. Related Reading: Altseason Loading? Analyst Explains How FTX $5B Distribution May Trigger The Next Bull Leg Top analyst Big Cheds shared a technical breakdown, noting that ETH is currently back to a key moving average after flexing a move above the $2,700 range. This move aligned with the underside of a key resistance level, forming a confluence zone that could act as a springboard or rejection point in the days ahead. While Bitcoin consolidates just under its all-time high, Ethereum appears to be gaining traction as traders look for opportunities beyond BTC. With ETH holding higher lows and establishing a steady base, a breakout above the $2,700–$2,800 range could confirm a broader market rotation into altcoins. For now, bulls must maintain control above $2,500 to keep the structure intact and fuel hopes of a move higher. Ethereum At A Pivotal Level As Bulls Defend Support Ethereum is facing a crucial test as it struggles to reclaim higher prices and confirm a sustained uptrend. After multiple attempts to break above the $2,700 resistance zone, the price has been met with volatility, creating a choppy environment that reflects broader uncertainty in the crypto market. Despite this, analysts remain optimistic about Ethereum’s prospects, especially as altseason chatter grows louder. Cheds recently shared a key insight: Ethereum is now back at its 20-day moving average (DMA) after briefly surging above the $2,700 range. This push met the underside of the 200-day simple moving average (SMA), creating a confluence zone that could act as the launchpad for the next rally, or the line in the sand that decides short-term direction. Holding this DMA support is critical. If bulls defend this level, it could signal renewed strength and spark a breakout that sends ETH back toward $3,000 and beyond. Amid rising speculation and technical pressure, Ethereum’s current structure still leans bullish. It’s maintaining higher lows and continues to show signs of accumulation, which supports the thesis of a possible altseason in the near future. If BTC stabilizes and ETH clears resistance, the entire market could shift upward rapidly. Related Reading: Ethereum Tests Key Weekly Resistance – Analyst Sets $4K Target If ETH Breaks Out Ethereum Tests Support At Key Short-Term Levels Ethereum is consolidating on the 4-hour chart as it hovers around $2,614, following a minor pullback from the $2,780 local top. The chart shows ETH retesting the 34-period EMA (currently near $2,624) and finding short-term support along the confluence of the 50 and 100-period SMAs. These moving averages are acting as a dynamic support band that has held firm during previous retracements in May. The structure remains bullish overall, with higher lows maintained since the breakout on May 9. However, the current price action is forming a tightening wedge pattern, which suggests that a breakout—either up or down—is imminent. Volume has been declining slightly, indicating a potential pause before a decisive move. Related Reading: Ethereum Spot Premium Signals Strength – $2,800 Resistance In Focus For bulls, holding above the $2,580–$2,600 zone is critical. A clean bounce from here could set up another attempt to break the $2,700–$2,800 resistance area. On the flip side, a break below the 100 SMA could expose ETH to a deeper retracement toward $2,500 or even the $2,400 zone if selling pressure accelerates. Featured image from Dall-E, chart from TradingView
Ethereum is experiencing increased volatility as it consolidates just below the key $2,700 resistance level. Despite several attempts to break above it in recent weeks, ETH has yet to secure a daily close above this threshold, making it a crucial battleground for bulls and bears alike. The broader market remains uncertain, but Ethereum’s fundamentals continue to show strength beneath the surface. Related Reading: Ethereum Tests Key Weekly Resistance – Analyst Sets $4K Target If ETH Breaks Out Top analyst Ted Pillows shared compelling insights on X, highlighting that Ethereum’s daily gas usage has been climbing steadily since 2016. This long-term rise suggests that Ethereum’s network activity is not just driven by short-term speculation or hype, but by real and growing demand. It’s a sign that users, developers, and applications are increasingly relying on ETH as the backbone of Web3 infrastructure. Ethereum’s ability to maintain this level of on-chain usage through bear and bull markets reinforces its role as the foundation of decentralized finance, NFTs, and smart contracts. While short-term price action remains capped below $2,700, the underlying demand tells a bullish story. If ETH can break above this level with conviction, it may signal the beginning of a broader move to retest higher resistance levels. Ethereum Fundamentals Are Strong As It Prepares For A Move Ethereum is facing a critical test as it consolidates below major resistance, struggling to reclaim key levels above the $2,700 mark. Bulls have maintained strong support over the past few sessions, but momentum has yet to trigger a breakout. As global tensions remain high and US Treasury yields continue to rise, risk assets—including cryptocurrencies—are under pressure. However, Ethereum appears poised for an expansive move, with technical and on-chain data supporting a potential breakout. Pillows highlighted that Ethereum’s daily gas usage has continued to climb steadily since 2016, reinforcing the view that ETH demand is structural and not just a product of market hype. This metric serves as a proxy for real activity on the Ethereum network, suggesting that despite short-term price hurdles, usage and value creation persist. Pillows believes this persistent demand positions ETH for a strong recovery once key technical levels are breached. Sentiment across the broader crypto space is gradually shifting bullish, especially with Bitcoin hovering near its all-time high. If Ethereum can reclaim and close above the $2,700–$2,800 resistance zone, it could open the door for a sharp rally toward $3,000 and beyond. Related Reading: Ethereum Spot Premium Signals Strength – $2,800 Resistance In Focus ETH Consolidates Below Key Resistance Ethereum is currently trading at $2,617, consolidating just below the critical $2,700–$2,800 resistance zone. This area has acted as a major barrier since early February, and despite several breakout attempts, ETH has failed to close above it with strong conviction. The chart shows a clear bullish structure, with the price holding above key moving averages: the 34 EMA at $2,366, and the 50, 100, and 200 SMAs all trending upward and providing layered support between $2,070 and $2,690. The recent consolidation comes after a strong rally in May that pushed ETH above its 200-day SMA for the first time in months, signaling a major shift in momentum. However, volume has started to taper off slightly, which could indicate hesitation from bulls at current levels. A decisive daily close above $2,800 would likely confirm the breakout and open the door for a move toward the $3,000–$3,200 range. Related Reading: Altseason Loading? Analyst Explains How FTX $5B Distribution May Trigger The Next Bull Leg Until then, the price remains range-bound, with $2,550 acting as near-term support. If ETH can maintain this level and continue forming higher lows, the bullish thesis remains intact. All eyes are now on whether Ethereum can break through the ceiling that has capped it for weeks, and potentially kickstart a broader altcoin rally. Featured image from Dall-E, chart from TradingView
ETH rebounds after a steep decline from $2,724, with strong volume and renewed optimism hinting at further upside
This week, Ethereum (ETH) has reclaimed the $2,600 level as support for the first time since February, and it’s pushing to retest the next key resistance after a breakout from a short-term pattern. Some analysts suggest that ETH’s rally could target its Macro Range high area in the coming weeks. Ethereum Resembles 2024 Setup After struggling to break past the $2,600 mark, Ethereum has reclaimed this level as support. Over the past two days, the second-largest cryptocurrency by market capitalization has held this key level while attempting to break above the $2,700 mark. Since recovering from its sub-$2,000 dip earlier this month, ETH hovered between $2,400 and $2,600, failing to reclaim the range’s upper zone despite its $2,738 multi-month high on May 10. Nonetheless, this week’s rally has seen the cryptocurrency rise above its local range and attempt to gain more strength to stop its sideways trajectory and continue its 50% recovery rally. Analyst Titan of Crypto noted that ETH just broke out of a two-week bullish flag, leading to today’s surge to the $2,788 level. He suggested that if the breakout is confirmed, the pattern’s target sits around the $3,800 level. Crypto Jelle pointed out that Ethereum is “still moving as planned, pushing deeper into the resistance area” around the $2,850 mark. Several analysts have named this level as the resistance before the $3,000 mark, and the wall “standing in the way of altseason.” Rekt Capital highlighted that Ethereum has been successfully retesting a crucial horizontal level since re-entering its $2,220-$3,900 Macro Range. Notably, Ethereum has been closing above the $2,468 mark for the past four weeks, setting up the stage for a “lift across the range.” With this successful retest, the King of Altcoins is “repeating early 2024 history.” Notably, ETH recorded a 50% four-week breakout after smashing the $2,486 resistance and retesting it as support. However, “the only difference is that it has just taken longer this time,” the analyst added. ETH Gains Momentum Meanwhile, analyst Ted Pillows considers that ETH is showing strength as its trading pair against Bitcoin (BTC) gains momentum and BTC dominance motion seemingly fades. The analyst also noted the ETH’s Weekly MACD bullish cross and reclaim of its multi-year support trendline. Based on this, he forecasted that Ethereum could soon soar to the $4,000 resistance. It’s worth noting that Ethereum is outperforming the flagship cryptocurrency this quarter for the first time since 2022, registering a 45% increase since April 1. Additionally, ETH continues to hold above its key level despite BTC’s dip below the $106,800 support. Related Reading: Bitcoin $106,800 Support Retest To Determine Next Move – Breakout Or Breakdown Ahead? Merlijn The Trader highlighted ETH’s price action after its golden cross, which appears to resemble its performance from the last time the setup occurred. According to the post, during the November 2024 setup, Ethereum saw a small dip before a “massive pump” on the eleventh day. “This time? Pump already started. We’re right on schedule,” the trader affirmed. As of this writing, Ethereum is trading at $2,642, a 44.7% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Ethereum price started a fresh decline from the $2,780 resistance zone. ETH is now trading below $2,650 and might continue to move down. Ethereum started a downside correction below the $2,700 level. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line forming with support at $2,625 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,550 support zone in the near term. Ethereum Price Dips Again Ethereum price started a fresh increase from the $2,550 support zone, beating Bitcoin. ETH price was able to recover above the $2,650 and $2,750 resistance levels before the bears appeared. A high was formed at $2,787 and the price is now correcting gains. There was a move below the $2,700 support level. The price dipped below the 50% Fib retracement level of the upward move from the $2,463 swing low to the $2,787 high. Ethereum price is now trading below $2,650 and the 100-hourly Simple Moving Average. Besides, there was a break below a key bullish trend line forming with support at $2,625 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,625 level. The next key resistance is near the $2,650 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 $2,950 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,650 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 $2,550 zone. It is close to the 76.4% Fib retracement level of the upward move from the $2,463 swing low to the $2,787 high. A clear move below the $2,550 support might push the price toward the $2,500 support. Any more losses might send the price toward the $2,440 support level in the near term. The next key support sits at $2,400. 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 – $2,550 Major Resistance Level – $2,650
PLUS: U.S. lawmakers introduce crypto market structure bill.
Ethereum is taking the lead in the crypto market as Bitcoin continues to consolidate near its all-time highs. After months of lagging behind BTC, ETH is now making a strong move, with bulls pushing price action toward the critical $2,800 resistance. This level, which has consistently capped upside momentum since early February, now stands as the key battleground for Ethereum’s next major leg. Related Reading: Altseason Loading? Analyst Explains How FTX $5B Distribution May Trigger The Next Bull Leg Market sentiment has shifted as Ethereum shows signs of reclaiming dominance, driven by renewed spot demand and strengthening technicals. Top analyst Ted Pillows has weighed in on the rally, emphasizing the importance of the $2,850 mark. According to Pillows, this is the most significant resistance Ethereum has faced in this cycle, and breaking through it could unlock a powerful move toward $3,000 and beyond. Momentum has been building steadily over the past few weeks, and ETH’s recent resilience against macroeconomic pressure is adding to the conviction. If bulls manage to flip this resistance into support, it could mark the beginning of a broader altcoin surge. For now, all eyes are on Ethereum as it flirts with a breakout that could reshape market dynamics heading into June. Ethereum Eyes Expansion Phase Amid Shifting Global Dynamics Ethereum is positioning itself for a potentially expansive move as both technical indicators and market sentiment continue to align in its favor. After weeks of consolidation and steady gains, ETH is now testing the $2,850 resistance—a level that has held price down since February. The setup suggests that Ethereum is not only regaining momentum but could also lead the next phase of the crypto rally. While the crypto market gains traction, broader macroeconomic forces are reshaping investor behavior. A recent decision by the U.S. Federal court to strike down former President Trump’s tariffs on various countries has created fresh uncertainty across global markets. This policy reversal could introduce volatility in traditional finance, as trade dynamics shift and new fiscal responses take shape. Despite this uncertainty, Ethereum appears to be thriving. There’s a view that crypto assets like ETH could perform well under tight economic conditions, and current price action supports that view. ETH is showing resilience, supported by growing spot demand, a bullish structure, and rising investor confidence. Pillows highlighted in his latest analysis that if Ethereum reclaims the $2,850 level in the coming sessions, the path to $4,000 will open quickly. This would represent a major breakout and likely trigger a wave of capital rotation from Bitcoin and stablecoins into altcoins. For now, ETH remains just below a breakout point. If bulls can push decisively above resistance, it would confirm the start of an expansionary move that could reshape the broader market, positioning Ethereum as a leading force in the next phase of the cycle. Related Reading: Dogecoin Flashes Buy Signal – Key Indicator Hints At Rebound ETH Reclaims Weekly Key Levels Ethereum is showing renewed strength on the weekly chart, currently trading at $2,728.36 after reaching a high of $2,789.50. This move marks a significant recovery from recent lows near $1,600 and confirms the formation of a strong uptrend. ETH has now reclaimed the 34-week EMA at $2,511.42 and is pushing above the 100-week SMA at $2,605.71. These moving averages now act as dynamic support levels, reinforcing bullish sentiment. The next critical level to watch is the 50-week SMA, currently sitting at $2,729.64, just slightly above the current price. A confirmed weekly close above this level would mark the first time ETH has sustained strength above it since late 2023. That could open the door for a push toward the $3,200–$3,600 zone, with $4,000 in sight if momentum accelerates. Volume has also picked up on this recent move, signaling healthy participation from buyers. Historically, similar recoveries from major moving average clusters have preceded expansive legs in Ethereum’s price. Related Reading: Ethereum Nears Critical Price Level – Reclaiming $3,000 Would Spark A Market-Wide Rally As long as ETH maintains this structure and closes the week above $2,700, bulls are likely to retain control. The breakout above $2,850—last defended in early 2024—remains the final hurdle before Ethereum can challenge prior cycle highs. Featured image from Dall-E, chart from TradingView
Ethereum is showing signs of renewed strength as it continues to trade above the $2,700 level, reaching as high as $2,790 in recent hours. The price action has energized the market, with many analysts now calling for a major breakout that could not only lift ETH further but also trigger the long-awaited altseason. Related Reading: Altseason Loading? Analyst Explains How FTX $5B Distribution May Trigger The Next Bull Leg While Bitcoin has led the rally for most of the year, Ethereum appears to be catching up. According to top analyst Daan, the ETH spot premium remains firm, signaling sustained demand even in the absence of ETF-level inflows. “It doesn’t have as many ETF inflows as BTC does,” Daan noted. This relative strength, combined with growing optimism around altcoins, is fueling speculation that Ethereum could soon test—and possibly break—critical resistance levels. With sentiment turning bullish across the market and ETH gaining momentum, all eyes are now on whether it can push past key resistance and lead the charge into a broader altcoin breakout. The coming days could prove pivotal as Ethereum sets the tone for the next phase of crypto market expansion. Ethereum Tests Critical Resistance As It Faces A Pivotal Moment Ethereum is now confronting what many analysts consider the most important resistance level of the current cycle. The zone between $2,700 and $2,800 has become the battleground for ETH’s next major move. A successful breakout could trigger a run toward all-time highs, while rejection may lead to a healthy—but deeper—retracement. Global macro conditions are adding weight to this moment. Rising U.S. Treasury yields and persistent inflation continue to rattle traditional markets, increasing systemic stress. Yet, in this uncertain environment, Ethereum and Bitcoin have shown resilience, suggesting that investors are increasingly viewing them as alternatives or hedges against traditional financial risks. Daan shared insights reinforcing this bullish outlook. According to his analysis, the ETH spot premium remains firm despite lacking the ETF-driven inflows seen with Bitcoin. ETH doesn’t require as much inflow relative to its market cap to sustain bullish momentum. However, the $2,800 level remains a significant barrier. It represents a key inflection point for Ethereum’s price action and overall market sentiment. The coming days are crucial, as Ethereum’s ability to either break above or get rejected at this resistance could shape the altcoin market’s direction for the rest of the quarter. Related Reading: Dogecoin Flashes Buy Signal – Key Indicator Hints At Rebound ETH Price Analysis: Testing Key Liquidity Levels Ethereum is currently trading at $2,731 on the 4-hour chart, showing strong bullish momentum as it tests the key $2,800 resistance level. After weeks of consolidation between $2,500 and $2,700, ETH has broken out with conviction, riding higher moving averages and increased volume. The 34 EMA at $2,622 and the 50 SMA at $2,598 continue to act as dynamic support, confirming the strength of the uptrend. This breakout attempt follows a long period of compression, where ETH built a base of higher lows. Price has now surged to challenge a major resistance zone that has historically capped upward momentum. If bulls manage to flip this level into support, it could open the door to a sharp move toward $3,000 and higher. Related Reading: Solana Funding Rates Turn Negative – Early Sign Of Selling Pressure? Volume has picked up on the most recent push, a positive sign that buyers are stepping in with more confidence. Still, traders should watch closely for potential rejection or profit-taking at this key zone. If Ethereum fails to break and hold above $2,800, a short-term pullback toward the 34 EMA could follow. Featured image from Dall-E, chart from TradingView
Ethereum outpaced the broader crypto market over the past 24 hours, posting the strongest performance among the top 10 digital assets. According to CryptoSlate data, ETH climbed nearly 4% during the reporting period, briefly touching $2,725, its highest level since February. In contrast, other major crypto tokens like Bitcoin, XRP, Solana, BNB, Dogecoin, Cardano, and […]
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Ethereum (ETH), the world’s second-largest cryptocurrency, has experienced considerable price fluctuations recently, trading at approximately $2,633 at the time of writing. The asset registered a mild decline of 1.2% over the past 24 hours, retreating slightly after surpassing the $2,700 mark last week. Despite this short-term retracement, Ethereum has notably appreciated by around 50% within the past month, demonstrating strong price strength and significant market interest. The recent price action has attracted attention from prominent cryptocurrency analysts, particularly from CryptoQuant contributors, who have closely monitored Ethereum’s technical indicators and market behaviors. These analysts have provided insights that suggest potential further movement for ETH, pointing towards critical levels and market metrics that investors might want to observe closely. Related Reading: Ethereum May Be One Dip Away From Mass Losses—Data Warns Ethereum’s Bullish Technical Indicators and Potential Breakout CryptoQuant analyst Ibrahim Cosar recently published a technical analysis outlining a bullish scenario for ETH. According to Cosar, Ethereum has formed a pattern known as a “bull flag,” suggesting a possible upcoming breakout. A bull flag is a chart formation frequently interpreted by traders as indicative of continuing upward momentum after a period of consolidation. Ethereum’s price has oscillated within a defined range between $2,400 and $2,700 for nearly three weeks, creating favorable conditions for such a breakout. Cosar also highlighted Ethereum’s sustained position above the 200-day Exponential Moving Average (EMA), a commonly monitored technical indicator. Historically, remaining consistently above this indicator has signified positive market sentiment and preceded significant price rallies. Given Ethereum’s current position relative to this EMA, Cosar suggested a potential upward move toward a price range between $3,000 and $3,500 could soon materialize. Market-Wide Implications and Retail Activity Another CryptoQuant analyst known as “elcryptotavo” offered a complementary perspective, identifying signals that typically indicate market peaks. Specifically, the analyst mentioned Ethereum’s Open Interest (OI), noting that a notable market signal occurs when Ethereum’s OI surpasses Bitcoin’s, a scenario historically correlated with market tops. Currently, ETH has yet to reach this critical threshold, suggesting, according to this analyst, potential room for further upside before significant corrections could occur. Related Reading: Ethereum Nears Critical Price Level – Reclaiming $3,000 Would Spark A Market-Wide Rally Elcryptotavo also provided observations regarding retail trading behaviors. Typically, retail trading activity surges dramatically near market tops, reflecting broad market participation. However, current data on retail trading volumes remain comparatively subdued. This observation implies that institutional investors or large market players are predominantly driving Ethereum’s current rally. A significant increase in retail participation, should it occur, could further sustain and accelerate Ethereum’s upward momentum, a phenomenon previously seen during the 2020–2021 bull cycle. Featured image created with DALL-E, Chart from TradingView
Ethereum price found support at $2,550 and started a fresh increase. ETH is now up over 5% and might attempt to clear the $2,800 resistance. Ethereum started a decent increase above the $2,550 and $2,720 levels. The price is trading near $2,720 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend line forming with support at $2,610 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend gains if it clears the $2,800 resistance zone in the near term. Ethereum Price Rallies Over 5% Ethereum price started a fresh increase from the $2,550 support zone, beating Bitcoin. ETH price was able to recover above the $2,620 and $2,650 resistance levels. The price even surpassed the $2,720 level. However, the bears were active near the $2,785 resistance zone. The price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,610 swing low to the $2,787 high. Ethereum price is now trading near $2,720 and the 100-hourly Simple Moving Average. There is also a new connecting bullish trend line forming with support at $2,610 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,780 level. The next key resistance is near the $2,800 level. The first major resistance is near the $2,7=840 level. A clear move above the $2,840 resistance might send the price toward the $2,880 resistance. An upside break above the $2,800 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,920 resistance zone or even $2,950 in the near term. Downside Correction In ETH? If Ethereum fails to clear the $2,780 resistance, it could start a fresh decline. Initial support on the downside is near the $2,700 level. The first major support sits near the $2,650 zone. It is close to the 76.4% Fib retracement level of the upward move from the $2,610 swing low to the $2,787 high. A clear move below the $2,650 support might push the price toward the $2,610 support. Any more losses might send the price toward the $2,550 support level in the near term. The next key support sits at $2,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,700 Major Resistance Level – $2,780
As Bitcoin and Ethereum hover near critical resistance levels, market sentiment is shifting rapidly. Analysts are now calling for an incoming Altseason, with bullish momentum building across the board, even as macroeconomic uncertainty continues to rattle global markets. Despite rising treasury yields and geopolitical tensions, crypto assets are showing strength, and altcoins appear poised to benefit next. Related Reading: Ethereum Nears Critical Price Level – Reclaiming $3,000 Would Spark A Market-Wide Rally Top analyst Axel Bitblaze has spotlighted May 30th as a potentially defining moment in this cycle. This week, over $5 billion in stablecoins will be distributed to FTX creditors—a massive injection of liquidity representing nearly 2% of the entire stablecoin supply. Unlike previous events, this capital is expected to stay within the crypto ecosystem. Most of these investors remained in crypto despite the FTX collapse. Now, as they regain access to their funds, many are likely to rotate that capital back into the market. With Bitcoin targeting $120K and Ethereum challenging the $3,000 level, the stage is set for capital to flow into high-beta altcoins and push for an Altseason. Altcoins Setup Strengthens Ahead Of $5B FTX Liquidity Injection The FTX collapse in late 2022 was a brutal event, marking the climax of the previous bear market. It triggered mass panic, billions in liquidations, and the final capitulation that ultimately set the bottom of the cycle. While devastating in the short term, it paved the way for recovery. Now, nearly two years later, May 30th may become the most important day of this new phase. FTX is distributing over $5 billion in stablecoins to creditors this week—a long-awaited step in the bankruptcy process. These payouts represent nearly 2% of the total stablecoin supply and will hit the market in one large wave. But this isn’t just idle money returning to passive holders. Most of these users remained in crypto through the storm. They didn’t leave—they adapted, held, and now, they’re getting liquidity back in the middle of a bullish setup. The timing couldn’t be better. Ethereum is pumping, flirting with a critical resistance level that, if broken, could confirm a major move for altcoins. Bitcoin is hovering near its all-time highs, altcoins are gaining serious traction, pro-crypto narratives are heating up in Washington, and regulatory progress is finally in motion. Everything is aligning at once. Bitblaze explains that this $5B return of capital could be the exact catalyst the market needs. In his view, this sudden injection of liquidity could send Bitcoin toward $120K—and unlock the altseason traders have been waiting for. Related Reading: Solana Funding Rates Turn Negative – Early Sign Of Selling Pressure? Ethereum Eyes $2,700 Breakout As Altseason Momentum Builds Ethereum (ETH) is currently trading at $2,638, consolidating just below a key resistance zone at $2,700. After a sharp rally in early May, ETH has held its gains and formed a solid base above the 34 EMA ($2,331) and key moving averages. The 200-day SMA, sitting at $2,697, now acts as a critical ceiling for price action. A clean breakout above this level would mark the first major reclaim of the long-term trend line since the bull cycle resumed, potentially unlocking a powerful continuation for ETH and the broader altcoin market. Volume has remained steady throughout this consolidation phase, indicating buyer interest and positioning ahead of a decisive move. ETH’s structure shows higher lows and strong bullish follow-through, suggesting that momentum is building just beneath the surface. Related Reading: Bitcoin UTXO Signal Approaches 99% Level – Bullish Signal Or Profit-Taking Setup? If Ethereum can close above $2,700 with conviction, it would not only confirm a breakout but could also trigger broader market rotation into altcoins. Historically, ETH breaking above major resistance levels has been a strong leading indicator for altseason. With Bitcoin hovering near ATHs and macro conditions favoring digital assets, ETH’s next move could be the spark that ignites a new wave of altcoin rallies across the board. Featured image from Dall-E, chart from TradingView
Following a notable performance over the past 24 hours, Ethereum (ETH) is attempting to reclaim a key level as support. Some analysts suggest a breakout toward the $3,000 mark could be coming if the $2,600 mark holds. Related Reading: Bitcoin (BTC) To Continue Price Discovery Rally If It Holds These Levels – Analyst Ethereum Prepares For Massive Breakout On Tuesday, Ethereum surged to the $2,700 resistance after a 6.3% price jump in the daily timeframe. The cryptocurrency climbed from the $2,500 support zone toward the recent resistance level, hitting the $2,712 mark before retracing. ETH has been unable to cross this zone after recording its three-month high of $2,738 two weeks ago, halting its retest of higher horizontal levels. Notably, the King of Altcoins has surged over 50% in the past month and around 98% from April’s lows. Amid the May crypto market rally, which saw Bitcoin hit a new All-Time High (ATH) of $111,953 last week, Ethereum has traded sideways for most of the month, hovering between the $2,450-$2,600 price range. Nonetheless, ETH has outperformed Bitcoin so far during the second quarter, registering a 47.78% increase since April started. Analyst The Cryptonomist pointed out that Ethereum has broken above the $2,600 level, signaling that a reclaim of this level could conclude ETH’s sideways action between its current price range and propel its price toward the $3,400 mark. Similarly, Crypto Bullet affirmed that ETH is “about to break out and fill the big CME Gap.” According to the chart, the Altcoin appears to be forming a symmetrical triangle over the past few weeks, and is currently attempting to break out from the formation. A successful breakout and retest of the $2,700 level could send ETH’s price to the CME GAP levels, between $2,900 and $3,350, which other analysts also believe will be filled soon. ETH Dominance To Surge In June? Meanwhile, analyst Rekt Capital noted that Ethereum Dominance is “showcasing initial signs of trying to hold the ~9% level as support,” suggesting a potential bullish performance in June. As the analyst explained, ETH dominance has bounced since dropping to new All-Time Lows (ATL) last month, playing out “the full extent of its September 2019 upside.” Keeping this level as support could propel the cryptocurrency to a more market-dominant performance next month, resembling its 2019 playbook. Related Reading: Indecisive Close For Litecoin, But The Real Story Lies In BTC.D’s Next Move Market watcher Merlijn The Trader affirmed that Ethereum’s chart “is screaming bullish,” showing a multi-year base and “clean” bullish pennant pattern. To the trader, this setup could launch the cryptocurrency to a long-term target of $8,000 after breaking above the $3,000 mark. Additionally, ETH is preparing for the cycle’s “final pump,” according to Merlijn, based on its previous performances. He pointed out that Ethereum “goes vertical” after breaking its previous high every cycle. As of this writing, Ethereum trades at $2,686, an 8.8% increase in the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
On-chain data shows a large portion of the Ethereum market cap was acquired near the current price, making ETH’s position potentially fragile. $123 Billion In Ethereum Market Cap Sits Close To Cost Basis As explained by the on-chain analytics firm Glassnode in a new post on X, the largest share of the Ethereum market cap is currently above the spot price by just 0 to 20%. Related Reading: How Does Bitcoin Investor Behavior Shape Trends? Glassnode Reveals The indicator of relevance here is the “Market Cap by Profit and Loss,” which tells us about how much of the ETH market cap has its cost basis sitting within what distance of the cryptocurrency’s price. Formally, the market cap is defined as the total circulating supply of the asset multiplied by the latest spot value. As such, the market cap of a particular group of tokens would be just their number multiplied by the price. The Market Cap by Profit and Loss refers to the last transaction price of these coins to determine whether the market cap held by them is in profit or loss right now. Naturally, the cost basis of the tokens being under the latest price suggests they are in profit, while the opposite case puts them in the loss category. Now, here is the chart for the indicator shared by the analytics firm that shows the trend in its value for Ethereum over the past few months: As displayed in the above graph, the largest share of the Ethereum market cap is currently contained within the 0 to 20% cohort. This group includes coins that currently have their value between 0 and 20% above their cost basis. Naturally, even the tokens on the higher end of the range wouldn’t be in that big a profit at the moment. In total, about $123 billion of the ETH market cap, equivalent to almost 38%, falls under this category. Considering the delicate profit-loss balance that all this supply has, it’s possible that even an ordinary pullback could send a large number of tokens underwater. “Despite recent gains, ETH remains in a fragile position,” notes Glassnode. In some other news, Ethereum has witnessed a buying push from the whales during the past month, as analyst Ali Martinez has pointed out in an X post. “Whales” are defined as the investors carrying between 10,000 and 100,000 tokens of the cryptocurrency. From the chart, it’s apparent that the total Ethereum supply held by this cohort has registered a notable increase in the last few weeks. Related Reading: Bitcoin SLRV Ribbons Turn Green—What Happens Next? More specifically, the whales have added around 1 million ETH (worth around $2.7 billion at the current exchange rate) to their holdings in this period. ETH Price Ethereum observed a decline below the $2,500 level earlier, but it seems the coin has found a rebound as it’s back at $2,700. Featured image from Dall-E, CryptoQuant.com, Glassnode.com, chart from TradingView.com
Ethereum price found support at $2,460 and started a fresh increase. ETH is now up over 5% and might attempt to clear the $2,720 resistance. Ethereum started a decent increase above the $2,550 and $2,620 levels. The price is trading near $2,580 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend line forming with support at $2,575 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend gains if it clears the $2,720 resistance zone in the near term. Ethereum Price Rallies Over 5% Ethereum price started a fresh increase from the $2,460 support zone, beating Bitcoin. ETH price was able to recover above the $2,550 and $2,620 resistance levels. The price even surpassed the $2,650 level. However, the bears were active near the $2,720 resistance zone. The price started a downside correction and traded below the $2,700 level. Moreover, there was a move below the 23.6% Fib retracement level of the upward move from the $2,463 swing low to the $2,711 high. Ethereum price is now trading near $2,580 and the 100-hourly Simple Moving Average. There is also a new connecting bullish trend line forming with support at $2,575 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,680 level. The next key resistance is near the $2,720 level. The first major resistance is near the $2,750 level. A clear move above the $2,750 resistance might send the price toward the $2,800 resistance. An upside break above the $2,800 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 Correction In ETH? If Ethereum fails to clear the $2,720 resistance, it could start a fresh decline. Initial support on the downside is near the $2,620 level. The first major support sits near the $2,580 zone. It is close to the 50% Fib retracement level of the upward move from the $2,463 swing low to the $2,711 high. A clear move below the $2,580 support might push the price toward the $2,520 support. Any more losses might send the price toward the $2,460 support level in the near term. The next key support sits at $2,420. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,580 Major Resistance Level – $2,720
Ethereum is trading above $2,600 after a volatile stretch that saw bulls regain momentum and push the price into a key resistance zone. The recent rebound has brought renewed optimism to the market, with ETH now flirting with a potential bullish continuation. Still, the path forward remains uncertain, as analysts warn of a possible retracement before any major breakout can take shape. Related Reading: Bitcoin UTXO Signal Approaches 99% Level – Bullish Signal Or Profit-Taking Setup? Over the past few days, ETH has shown strength, bouncing off local support and reclaiming short-term moving averages. This move has shifted sentiment, but it hasn’t been enough to fully escape the risk of a short-term pullback. Some market watchers argue that a healthy retrace from current levels would be normal before any sustainable rally above resistance. Top analyst Jelle added to the conversation with a simple but compelling insight: “If ETH goes back above $3,000, the real fun begins.” The $3,000 level has acted as a psychological and technical barrier throughout this cycle, and reclaiming it would likely ignite broader market momentum. Ethereum Leads Altcoins As $3,000 Becomes The Key Battleground Ethereum is showing notable strength among altcoins, leading the market with renewed momentum as bulls continue to push for a new bullish phase. After reclaiming the $2,600 level, ETH has been steadily building support and gaining traction, setting the stage for what many analysts believe could be the beginning of a broader altcoin resurgence. However, for a true altseason to materialize, Ethereum must first reclaim and hold above the $3,000 level. This threshold is more than just a psychological milestone—it has historically acted as a pivot for strong market-wide rallies. Many experts agree that ETH needs to break through this resistance to confirm leadership and spark confidence across the altcoin sector. Hope remains high, particularly among analysts who see Ethereum following Bitcoin’s lead. As BTC continues to test its all-time highs, some believe that once its current bullish impulse cools off, capital will rotate into ETH and other large-cap altcoins. This rotation could serve as the ignition point for a market-wide rally. Jelle supports this view, stating that if Ethereum reclaims $3,000, a bullish impulse will take place. According to his analysis, a confirmed breakout above this level would mark the start of a powerful continuation phase, likely sending ETH quickly toward $3,400 and beyond. Until then, Ethereum remains in a critical position—strong enough to lead, but still facing key resistance. If bulls maintain momentum and reclaim $3,000 with conviction, the stage will be set not only for Ethereum’s next leg up but for a full-scale altseason across the market. The coming days could prove decisive. Related Reading: Solana Bulls Watch The $190 Level – ATHs Back In Sight? ETH Consolidates Below 200-Day SMA Ethereum (ETH) is currently trading at $2,634 on the daily chart, consolidating just below a key resistance zone marked by the 200-day SMA at $2,699.60. After a sharp move up earlier in May, ETH has entered a sideways structure, with bulls defending the $2,500–$2,600 zone while attempting to break above the $2,700 level. Price action shows a tightening range, often a precursor to a breakout or breakdown. ETH is holding above the 34-day EMA ($2,513) and all shorter-term moving averages (50- and 100-day SMAs), signaling that bullish momentum remains intact in the short to mid-term. The fact that Ethereum is consolidating above key support levels rather than correcting sharply is a constructive sign for bulls. Volume remains relatively stable during this phase, suggesting neither buyers nor sellers have fully committed yet. A clean daily close above the 200-day SMA with volume could trigger the next bullish impulse, targeting the psychological $3,000 level. Related Reading: Bitcoin Profit-Taking Remains Healthy – Data Shows No Signs Of Overheating However, failure to break resistance may result in a temporary pullback toward the $2,450–$2,500 support area. Ethereum holds a bullish posture for now, but confirmation is needed to sustain upside continuation. The coming days will be key in defining ETH’s next directional move. Featured image from Dall-E, chart from TradingView
Ethereum has maintained a position above $2,500 following a mild retracement from its recent high above $2,700 last week. At the time of writing, the asset trades at $2,564, reflecting a 2.4% increase in the past 24 hours. While the broader crypto market remains in a bullish structure, largely driven by Bitcoin’s sharp upward movement, Ethereum’s relative momentum appears more tempered, raising questions among traders and analysts about its current positioning. Related Reading: Ethereum Price Finds Its Footing: Bulls Prepare for Another Push Retail Quiet, Institutions Watchful Despite the price remaining above key levels, some analysts believe Ethereum has yet to fully capture the broader market’s enthusiasm. One such observation was presented by CryptoQuant’s analyst Burak Kesmeci, who noted that retail activity around Ethereum remains low compared to previous cycles. This could suggest that Ethereum’s rally is still in its early stages, with potential upside left unpriced by the market. The absence of retail enthusiasm, which historically coincided with local tops, may signal that Ethereum has not yet reached a peak for this cycle. Kesmeci’s analysis highlighted a notable shift in retail engagement around Ethereum. Drawing comparisons to the 2021 bull run, the analyst pointed out that earlier rallies were often accompanied by sharp spikes in retail trading frequency. However, during the current cycle, retail interest has been largely muted, even as Bitcoin surged from $16,000 to over $111,000. While ETH saw a brief uptick in retail activity in December 2024, that momentum faded quickly amid broader market reactions to geopolitical developments, including renewed tariff tensions. The analyst concluded that the market may still be in a phase of accumulation, as the typical retail-driven euphoria has yet to materialize. In this scenario, Ethereum could benefit from increased participation in the coming months, particularly if macroeconomic sentiment stabilizes. The potential for delayed retail entry suggests that Ethereum’s current rally might only be at its midpoint rather than nearing a local top. Ethereum Technical Setups Suggest Bullish Continuation On the technical front, several market analysts continue to hold a positive outlook for ETH. A pseudonymous analyst known as Crypto Busy posted on X that the asset’s monthly chart remains structurally intact, referencing a previous key resistance level near $1,410. Related Reading: Ethereum Climbs Back To $2,700 – Bulls Ready For A Breakout? According to the post, Ethereum’s breakout above this long-standing barrier has turned it into support, replicating a setup that historically preceded major rallies. Further reinforcing this perspective, analyst Michaël van de Poppe emphasized the importance of Ethereum’s price action near the $2,400 level. He noted that this zone offered a strong buying opportunity and believes that if Ethereum can successfully retest and hold above this threshold, a move toward $3,000 could follow. According to van de Poppe, such a breakout would signal the beginning of a new bullish phase for ETH. Featured image created with DALL-E, Chart from TradingView
Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support. Ethereum started a decent increase above the $2,500 and $2,520 levels. The price is trading near $2,550 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,555 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if there is a move below the $2,500 support zone in the near term. Ethereum Price Faces Resistance Ethereum price started a fresh increase from the $2,460 support zone, like Bitcoin. ETH price was able to recover above the $2,500 and $2,520 resistance levels. The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $2,730 swing high to the $2,463 low. However, the bears were active near the $2,600 resistance zone. The price failed to clear $2,600 and reacted to the downside. Ethereum price is now trading near $2,550 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2,555 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,580 level. The next key resistance is near the $2,600 level. It is close to the 50% Fib retracement level of the downward move from the $2,730 swing high to the $2,463 low. The first major resistance is near the $2,650 level. A clear move above the $2,650 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 $2,800 resistance zone or even $2,850 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 $2,550 level. The first major support sits near the $2,520 zone. A clear move below the $2,520 support might push the price toward the $2,460 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 losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,520 Major Resistance Level – $2,600
Ethereum breaks $2,550 with bullish momentum as traders eye $2,800, defying macro uncertainty and gaining strength from strong demand zones below.
Ethereum co-founder Vitalik Buterin believes that if decentralized networks become more robust and private, they can support national efforts to reduce reliance on cash. In a May 25 post on X, Buterin commented on recent developments in Sweden and Norway, where authorities are rethinking their near-total shift toward digital payments. Both countries have led the […]
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Ethereum price found support at $2,460 and started a fresh increase. ETH is now rising and might aim for a move above the $2,600 resistance zone. Ethereum started a decent increase above the $2,500 and $2,520 levels. The price is trading above $2,520 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain strength if it clears the $2,600 resistance in the near term. Ethereum Price Finds Support Ethereum price started a decent increase after Bitcoin traded to a new all-time high. ETH tested the $2,720 zone before there was a downside correction. The price dipped below $2,500 and tested $2,450. A low was formed at $2,463 and the price is again rising. There was a move above the $2,500 resistance. The price surpassed the 23.6% Fib retracement level of the downward move from the $2,729 swing high to the $2,463 low. There was also a break above a connecting bearish trend line with resistance at $2,540 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,520 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,600 level. It is near the 50% Fib retracement level of the downward move from the $2,729 swing high to the $2,463 low. The next key resistance is near the $2,630 level. The first major resistance is near the $2,650 level. A clear move above the $2,650 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 $2,800 resistance zone or even $2,850 in the near term. Are Dips Supported 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 $2,520 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 $2,460 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 bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,500 Major Resistance Level – $2,600
Ethereum net flows have been mostly negative for the last week, and a continuation of this suggests bullish momentum is building up for the price. These figures show how much buying and selling could’ve been going on and how investors are viewing the digital asset right now. Ethereum Net Flows Bounce Around Net flows refer to the difference in the number of coins entering or leaving crypto exchanges over a given period of time. If net flows are positive, then it means more ETH are flowing into crypto exchanges, which could point to sell-offs are investors take advantage of the price increase. However, if net flows are negative, then it suggests that more coins are leaving exchanges than those going in. Thus, it could point to buying pressure being higher than sell-offs. Related Reading: Analyst Says This Dogecoin And Shiba Inu Contender Could See ‘Impulsive Move’ Currently, Coinglass data shows that Ethereum net flows have been skewing toward negative for a while now. 24-hour net flow volumes show a -$182.86 million figure as more coins moved out of crypto exchanges during this time. This has also persisted with six out of the last seven days showing that net flows are negative. This means that there have been more ETH leaving crypto exchanges than those going into exchanges for selling. Thus, showing that buying remains the order of the day. In this 7-day period, net flows for Ethereum are sitting at -$140 million. However, going further back, on the 15-day timeframe, investors are still skewing more toward selling. This time period shows a positive $186.48 million in net flows as well, which would explain why the Ethereum price seems suppressed despite Bitcoin making new all-time highs.. The 30-day period is no different, showing even larger deposit trends. In total, Ethereum investors have moved more ETH into crypto exchanges, causing net flows to fall to rise to $483.54 million during this time. What Could Happen To Price If Net Flows Remain Negative If the Ethereum net flows continue to remain negative and even grow from here, then it would signal a rise in buying pressure. Once the buyers are able to outbid sellers, then the Ethereum price could begin to rally again. Related Reading: Bitcoin Golden Cross In Play – Analyst Reveals Best Course Of Action As for how high the Ethereum price could go, crypto analyst Captain Faibik has explained that bulls are still struggling to reclaim the 200-Day Simple Moving Average at $27,000. Now, if they are able to capture this level and break out of it, the analyst sees the price rising above $3,500 in the near term. Featured image from Dall.E, chart from TradingView.com
Ethereum is at a critical juncture as it approaches the $2,700 level, widely viewed as the next key resistance that bulls must overcome to confirm a bullish setup. This comes as Bitcoin broke above its all-time high yesterday, pushing the crypto market into a new phase that could unleash substantial gains across altcoins. For Ethereum, this moment could define the next leg of its recovery rally. Related Reading: Ethereum Consolidates Above $2,500 While BTC Leads the Charge – Key Levels To Watch Since early May, ETH has surged over 55%, fueled by renewed investor confidence, broader market strength, and increasing capital rotation from Bitcoin into large-cap altcoins. The sentiment is shifting, and Ethereum’s ability to lead the charge will likely influence the pace of altseason. Glassnode data highlights the improving fundamentals behind the move. In May, Ethereum reclaimed its Realized Price at $1,900—putting the average holder back in profit after a long stretch in the red. Price has also climbed above the True Market Mean at $2,400, historically seen as a reliable bullish signal. However, a clear break above $2,700 remains essential to validate this trend and attract further momentum-driven capital. Whether ETH can deliver that confirmation will shape how quickly the altcoin market gains traction in the wake of Bitcoin’s breakout. Ethereum Holds Strong As Altcoin Momentum Builds Ethereum is leading the altcoin charge as investors position themselves for what many expect to be a massive rally in the coming weeks. After months of volatility, ETH has reasserted its strength by reclaiming key technical and on-chain levels. Since crossing back above the $2,200 mark, Ethereum’s price structure has leaned decisively bullish, forming higher lows and consolidating around a critical resistance zone near $2,700. Bulls remain firmly in control, and Ethereum is once again being looked to as the benchmark for broader altcoin sentiment. In a market environment now defined by Bitcoin’s recent breakout above all-time highs, ETH is well-positioned to benefit from capital rotation into high-cap altcoins. To fully validate a bullish continuation, however, Ethereum must break above and hold the $2,700–$2,900 range. Glassnode on-chain data adds another layer of bullish conviction. In May, Ethereum broke above its Realized Price at $1,900, putting the average holder back in profit—a milestone that typically signals renewed investor confidence. ETH has also moved above its True Market Mean at $2,400, a key historical metric that aligns with strong accumulation phases. However, the final hurdle lies at the Active Realized Price, currently near $2,900. Reclaiming that level would not only confirm a major structural breakout but also signal that recent buyers are holding strong and that confidence has returned at scale. Until then, ETH remains in a powerful setup, but the next few sessions will be critical for confirming whether the altcoin market’s leader is ready to drive the next leg higher. Related Reading: Ethereum Addresses In Profit Nearly Doubles Since April Lows – Volatility Returns ETH Price Tests Major Resistance Ethereum continues to push higher, with price currently consolidating around the $2,665 mark after briefly touching $2,734. The daily chart shows ETH holding a clear uptrend since early May, with higher lows and strong buying volume supporting the move. All key moving averages are sloping upward, with the 34 EMA currently at $2,249 and the 50 SMA at $1,965—both well below the current price, reinforcing bullish structure. The most immediate technical challenge lies at the 200-day SMA, marked at $2,703. This long-term indicator has acted as dynamic resistance in previous cycles and will be critical to watch. A daily close above this level could trigger a breakout and confirm a broader bullish continuation, possibly opening the door toward reclaiming the $2,900–$3,000 region. Related Reading: Litecoin Eyes $117.50 As Price Rebounds From Key Support – Analyst Volume has picked up slightly on recent green candles, signaling growing demand, but the test of the $2,700 zone could invite short-term profit taking. Support is seen around $2,445 (100 SMA) and $2,080 (close to the True Market Mean), which would likely act as a cushion if a pullback occurs. Featured image from Dall-E, chart from TradingView
Ethereum continues its strong upward momentum, surging into the $2,734 mark as bullish sentiment returns across the crypto market. After gaining over 55% since the beginning of May, ETH is showing clear signs of strength as it reclaims key technical levels. This move positions Ethereum as one of the most closely watched assets in the market, especially as Bitcoin holds firmly above its all-time highs. Related Reading: Ethereum Consolidates Above $2,500 While BTC Leads the Charge – Key Levels To Watch Top analyst Big Cheds shared a technical view, noting that ETH is now re-approaching the critical $2,700 zone—a level that has historically acted as both resistance and a signal of trend continuation. A successful break and consolidation above this area could unlock the next leg up for Ethereum, potentially bringing higher prices back into focus for traders and investors. The broader sentiment remains optimistic, with bulls increasingly confident that ETH could lead a renewed altcoin rally if momentum sustains. However, analysts also caution that the $2,700 region must be cleared with strong volume and follow-through to confirm a breakout. Until then, Ethereum’s price action remains in a delicate position, teetering on the edge of a major rally or another round of consolidation. Ethereum Facing A Crucial Test Ethereum is positioning itself for a potential bullish recovery as it continues to consolidate above key levels after a multi-week rally. Since early May, ETH has gained over 55% in value, signaling renewed strength in the altcoin market. The recent breakout of Bitcoin to new all-time highs above $111K has triggered optimism across the board, setting the stage for a possible altseason. For that to happen, Ethereum must lead the charge with a clean breakout into higher territory. Currently, ETH is trading just below the $2,700 level, a key resistance zone that has historically acted as a major turning point for price action. According to Cheds, reclaiming $2,700 is crucial. A firm move above this threshold would likely confirm a bullish continuation, opening the door toward the $2,900–$3,000 range. So far, Ethereum has shown resilience, defending the $2,500–$2,600 zone effectively during the recent market consolidation. If bulls maintain control and volume increases, the breakout could materialize sooner rather than later. However, failure to push past $2,700 could trigger a new wave of hesitation, keeping ETH range-bound in the short term. As Bitcoin continues its upward trend, all eyes are now on Ethereum to see whether it can match that strength and lead the broader market higher. Related Reading: Ethereum Addresses In Profit Nearly Doubles Since April Lows – Volatility Returns ETH Price Action Details Ethereum is showing solid bullish structure on the 4-hour chart, consolidating just under the key $2,700 resistance level after a strong rally from early May lows. Price action is currently holding above the short-term exponential moving average (EMA 34) at $2,574, which acts as dynamic support. Meanwhile, the 50, 100, and 200 simple moving averages (SMAs) at $2,543, $2,443, and $2,109, respectively, continue to align in a bullish formation, signaling a healthy trend. Despite some volatility, ETH has consistently defended the $2,650–$2,670 region during recent dips, suggesting strong buyer interest just below resistance. Volume has remained steady, though not aggressive, which implies that bulls are cautiously optimistic while waiting for confirmation of a breakout above the $2,700 level. A decisive candle close above $2,700 could trigger the next leg up, potentially targeting the $2,850–$3,000 range. However, failure to push higher may lead to another test of support at $2,570 or even the $2,540 zone. Related Reading: Solana Multi-Year Uptrend Holds Strong – Analyst Sees SOL Breaking ATH This Year Overall, the chart structure favors the bulls, but a break and hold above resistance is needed to unlock further upside momentum. All eyes remain on this level as Ethereum aligns with the broader altcoin market’s expectations following Bitcoin’s breakout to new all-time highs. Featured image from Dall-E, chart from TradingView