According to recent technical analysis, Ethereum (ETH) may be gearing up for a major breakout that could propel the cryptocurrency close to the $4,200 mark. Meanwhile, ETH continues to attract growing institutional interest, with Ethereum exchange-traded funds (ETFs) outperforming their Bitcoin (BTC) counterparts. Ethereum Headed For A Breakout? In a recent X post, noted crypto analyst Titan of Crypto highlighted that ETH is climbing within a massive weekly broadening wedge structure. The analyst shared the following chart and suggested that ETH could be targeting the $4,200 level – marking the top of the wedge. For the uninitiated, a broadening wedge is a chart pattern characterized by diverging trendlines, where price makes higher highs and lower lows, forming a megaphone-like shape. It typically indicates increasing market volatility and can signal a potential breakout, with the direction depending on the prevailing trend and breakout confirmation. Related Reading: Ethereum Gains Momentum Amid Flat Funding Rates – Is This A Healthy Uptrend? Fellow crypto analyst Master of Crypto echoed a similar outlook, stating that ETH is “setting up for a big move,” especially with over $2.2 billion in short positions clustered near the $3,000 level. If Ethereum breaks above $3,000, it could trigger a short squeeze, potentially accelerating ETH’s rally. At the time of writing, ETH is trading 43.7% below its all-time high (ATH) of $4,878, recorded in November 2021. Capital flows also indicate rising institutional interest in Ethereum. Crypto market commentator Ted Pillows recently pointed out that spot ETH ETFs attracted $240.3 million in inflows yesterday, compared to $164.6 million for spot BTC ETFs. The stronger performance of ETH ETFs suggests that capital may be rotating from Bitcoin to Ethereum. It’s worth noting that while BTC is up 54% since June 2024, ETH is still down 24.6% during the same period. Crypto trader Merlijn the Trader shared the following monthly BTC/ETH chart showing two consecutive red candles, signaling a potential shift in momentum as BTC weakens relative to ETH. The trader noted that a similar capital rotation in 2020 preceded a “monster altseason.” Things Look Positive For ETH While altcoins like Solana (SOL), Tron (TRX), and SUI created fresh ATHs in 2024, ETH’s performance did not live up to expectations. As a result, the broader sentiment in the Etheruem ecosystem took a hit. Related Reading: Ethereum ‘Insanely Undervalued’ As Accumulation Addresses Keep Stacking – Is A Rally Imminent? However, 2025 appears to be ushering in a more favorable outlook. On-chain data reveals that ETH faces no major resistance until the $3,417 level. Additionally, ETH recently flashed a golden cross on the daily chart – a bullish technical signal that could indicate an impending rally. At press time, ETH trades at $2,756, down 1.7% in the past 24 hours. Featured image from with Unsplash, charts from X and TradingView.com
Ethereum is at a critical juncture after breaking above key resistance but failing to sustain momentum toward the psychological $3,000 level. The recent surge brought optimism to the market, yet ETH has now pulled back slightly, struggling to extend gains as global uncertainty weighs on sentiment. With macro pressures mounting and negotiations between the US and China over a potential trade deal in focus, the broader market appears to be awaiting clarity before making its next decisive move. Related Reading: Solana Forms Higher Low: Charging Toward Range Highs? Top analyst Rekt Capital offered historical context to Ethereum’s current setup, pointing to two previous cycles where ETH successfully retested the $2,500 level before launching toward $4,000. In August 2021 and again in early 2024, ETH held $2,500 as strong support (green circles), acting as the foundation for a major breakout rally. This repeating pattern has investors now eyeing the same level with growing interest. As Ethereum trades near $2,750–$2,800, the coming days could determine whether this current setup mirrors past bullish cycles—or if momentum fades again. With strong support beneath and a clear historical roadmap above, ETH’s ability to reclaim strength could trigger the next leg in what many believe may be the start of altseason. Ethereum Echoes Past Patterns Ahead Of Potential Breakout Ethereum has rallied over 100% since its April lows, showcasing powerful momentum and heightened activity at current levels. After briefly tapping a local high near $2,830, ETH has retraced slightly but remains firmly above the $2,750 mark—a key area that now acts as short-term support. The strength of this rebound is fueling growing speculation that Ethereum may not only be preparing for another leg up but also setting the tone for a broader altseason. Analysts across the board are closely watching ETH’s current consolidation, with many citing historical patterns as a reason for optimism. Notably, Rekt Capital highlighted a recurring pattern that has previously led to significant rallies. In August 2021, Ethereum successfully retested the $2,500 level as support before surging to approximately $4,000. The same thing occurred in early 2024, when ETH once again bounced from $2,500 and rallied to the same zone. Now, for the past five weeks, Ethereum has repeatedly confirmed the $2,500 level as solid support, forming what appears to be a textbook foundation for another major move. This accumulation phase—mirroring past cycles—has many traders confident that ETH could soon reclaim $3,000 and begin leading altcoins higher. With macro conditions still uncertain and market participants looking for signals of strength, Ethereum’s behavior at these levels carries added significance. If ETH can maintain its position above $2,750 and build momentum through $2,830, the market could see an explosive shift in sentiment, potentially triggering the next phase of the bull cycle. For now, all eyes remain on Ethereum as it tests the top of its multi-week range with bullish conviction. Related Reading: Ethereum Price Tests Ascending Channel Resistance – Breakout Or Breakdown? ETH Holds Above Breakout Zone After $2,830 Rejection Ethereum is currently trading at $2,749 on the 4-hour chart, holding above a key breakout zone between $2,700 and $2,740 following a brief rejection at $2,830. After breaking above this multi-week resistance last week, ETH surged into higher territory before pulling back in the last few sessions. Despite this retrace, the price has so far maintained support above the previous resistance area, now acting as a strong demand zone. This range—highlighted by the yellow box on the chart—served as a ceiling for nearly a month before being flipped into support during the breakout. Ethereum is now consolidating right above this area, and as long as it remains above the 50 and 100 simple moving averages (SMAs), the bullish structure is intact. Volume has started to cool off slightly, suggesting that traders are waiting for a decisive move—either a bounce toward $2,800–$2,900 or a breakdown back below $2,700. Related Reading: Ethereum Still Rangebound Below $2,735 Level – No Clear Breakout Yet A successful hold of this support zone could confirm the retest and build momentum for another breakout attempt. However, failure to hold $2,700 could see ETH revisit the 200 SMA around $2,570. For now, Ethereum remains technically strong, but traders are watching closely for confirmation. Featured image from Dall-E, chart from TradingView
Ethereum reclaimed a significant technical level in the latest 24-hour trading session, with its price crossing above the $2,800 mark and briefly touching $2,870. This interesting cross makes it the first time since February 2025 that Ethereum has traded above the $2,800 threshold. The move comes amid rising bullish momentum flowing out from Bitcoin, and according to recent analysis from a crypto expert, this could be just the beginning of a much larger rally for Ethereum. Technical Pattern Says Ethereum Could Be Close To $20,000 An interesting technical formation on Ethereum has now caught the attention of some traders: a classic inverse Head and Shoulders bottom. According to crypto expert Gert van Lagen, who shared his analysis on the social media platform X, this inverse head and shoulders is setting up on a long-term timeframe. Related Reading: Ethereum Price Eyes 38% Jump To $3,500 As 50EMA Swims Into View Specifically, Ethereum’s two-week candlestick chart, shared by the analyst, reveals a fully formed structure with a left shoulder in mid-2021, a pronounced head that took shape during the bear market in late 2022 to early 2023, and a right shoulder forming throughout the 2024 correction into early 2025. The left shoulder emerged in mid-2021, when Ethereum’s price peaked around $4,870, then retraced into the year-end. The head was formed at the lows around $1,350 in 2022 and 2023. The right shoulder is currently in formation after the Ethereum price rebounded from roughly $1,600 in 2025. Finally, this pattern is also highlighted by a symmetry around the neckline drawn near the $4,200 price region. Keeping this in mind, the neckline of the pattern, which is anchored just below the $4,200 resistance level, is now the most important level to break above. A confirmed breakout above this zone could activate the full bullish target projected by the technical formation. ETH Price Close To $20,000 According to Gert van Lagen, the two-week head-and-shoulders pattern suggests Ethereum may be “closer to $20K than most anticipate.” His price target calculation follows a classic technical methodology. By measuring the vertical distance from the head’s lowest point to the neckline resistance and then projecting that same distance upward from the neckline, he arrives at a target of approximately $19,500, which is more than a 600% gain from today’s price levels. Related Reading: Pundit Says Do Not Ignore Ethereum Amid New All-Time Highs In Major Metric In the same analysis, van Lagen also highlighted a descending broadening wedge pattern that has been forming since mid-2023. This secondary structure reinforces the notion that Ethereum may embark on a significantly larger breakout once $4,200 is cleared. However, this projection of $19,500 is based on the technical symmetry of the inverse head and shoulders pattern, rather than fundamental shifts in Ethereum. Additionally, there is no clear timeline for this target; however, based on the multi-year nature of the inverse head and shoulders pattern, the price target may also take up to four years to materialize. At the time of writing, Ethereum is trading at $2,772, having retraced slightly from $2,870. Featured image from Getty Images, chart from Tradingview.com
Ethereum finally pushed above the long-watched $2,800 mark, signaling renewed strength and triggering a wave of optimism across the market. However, the breakout was met with heavy volatility, as the price quickly pulled back into the previous resistance zone. Despite the rejection, ETH continues to trade near the top of its range, and analysts remain bullish on the broader altcoin outlook. Related Reading: Ethereum Price Tests Ascending Channel Resistance – Breakout Or Breakdown? With Bitcoin stabilizing near all-time highs and ETH attempting to reclaim momentum, many are calling for the start of a new altseason. Ethereum’s performance is viewed as a critical signal for the broader altcoin market — and for now, the structure remains intact. Bulls are watching closely to see if ETH can bounce and retest the breakout zone with strength. Top analyst M-log1 shared a technical update, noting that ETH is currently sitting at key support levels. He emphasized the importance of a clean bounce and a breakout from the current ascending channel. While M-log1 isn’t calling for a breakdown yet, he highlighted the need for caution and patience as price action unfolds. For now, Ethereum holds support, but the next move will be crucial. Ethereum Leads With Strength But Volatility Keeps Market On Edge Ethereum is currently leading the crypto market, showing relative strength as it holds above key price levels despite a backdrop of volatility and global uncertainty. Trading above $2,750, ETH has become a focal point for investors who see it as the leading indicator for a potential altcoin rally. However, recent price swings have introduced a wave of caution, as traders weigh the risk of a pullback against the promise of a breakout. Macroeconomic headwinds remain a critical factor. Global tensions, rising US Treasury yields, and uncertain trade negotiations between the US and major economies continue to drive investor sentiment. These external pressures have kept volatility high and market conviction relatively fragile, even as Ethereum maintains its structure above support. M-log1 shared a technical breakdown, noting that ETH is now sitting at a key support zone near $2,750. According to him, Ethereum “needs to bounce and break out of the current ascending channel” to reignite upside momentum. If that fails, the structure may tilt bearish, with a potential revisit of the lower end of the channel. He added that while he remains optimistic, probabilities shift quickly in this environment, and the next few sessions will be critical. Still, Ethereum’s relative strength amid macro noise suggests underlying confidence. If ETH can reclaim the $2,800–$2,830 region and flip it into support, it could pave the way for a run toward $3,000 and set the tone for altseason. Until then, price action remains compressed, and the market watches closely as Ethereum teeters at a technical and psychological pivot point. Related Reading: Solana Forms Higher Low: Charging Toward Range Highs? Ethereum Holds Key Levels As Price Tests Critical Moving Averages Ethereum is trading at $2,753 on the 3-day chart, showing strength after pushing above the 200-day simple moving average (SMA) at $2,768.62. While ETH briefly reached a high of $2,785, the candle currently reflects a slight pullback from that level. This rejection is not yet a bearish signal, but it does mark the $2,770–$2,785 range as a short-term resistance zone. ETH remains well-positioned technically, holding above the 50-day ($2,325), 100-day ($2,647), and 200-day ($2,768) SMAs — all critical levels that have historically guided mid- to long-term price direction. The strong rally from April lows around $1,500 to current levels has reset the trend in Ethereum’s favor, but now a clean breakout above $2,800 is needed to confirm continuation. Related Reading: Ethereum Approaches Decisive Level – Trading Around 200 DMA Resistance Volume remains steady, with no major signs of distribution. A strong close above the 200 SMA on this 3-day candle could act as a bullish confirmation and set the stage for a push toward the $3,000 mark. On the downside, if ETH fails to hold $2,700, a retest of the $2,600–$2,650 support zone is likely. Featured image from Dall-E, chart from TradingView
Despite a 0.15% pullback, ETH options skew, exchange outflows and ETF flows all point to growing upside interest among traders and institutions.
As Ethereum (ETH) attempts to reclaim its January 2025 price range, the cryptocurrency has been holding a recently recovered level, leading some analysts to suggest another 10% surge before new highs. Related Reading: Bitcoin Eyes New Highs As Price Retests $109,000, But Analyst Warns Of Potential Pullback Ethereum Breakout Eyes $3,100 Ethereum has reclaimed the key $2,800 barrier for the first time since February, nearing the $2,900 level on Wednesday morning. The King of Altcoins had been trading between the $2,475-$2,680 range since its May breakout, unable to turn the range’s upper boundary into support. During last week’s retracement, ETH dropped to the $2,400 support before bouncing over the weekend. The crypto market’s recovery saw Ethereum surge toward the key resistance, finally breaking past it at the start of the week and hitting a three-month high of $2,879 today. Following this performance, Analyst Carl Runefelt from The Moon Show noted that the cryptocurrency had broken out of an ascending triangle formation and now targets the $3,100 resistance. The analyst previously highlighted ETH’s triangle pattern, which began forming at the start of last month’s recovery rally. During that period, the price compressed between the support and resistance lines, with the latter situated around the $2,700 mark. He forecasted a 15% surge toward the $3,100 level if the altcoin reclaimed the crucial resistance level. Based on this, Ethereum could climb another 10.7% if it holds its current range. Runefelt also pointed out another bullish formation in ETH’s trading pair against Bitcoin (BTC). According to the ETH/BTC chart, Ethereum also formed a bullish pennant pattern during the May rally. Amid this week’s recovery, the cryptocurrency has broken out of the formation’s upper boundary, eyeing a 30% surge toward the 0.03300 mark. ETH To Repeat History? Market Watcher Kaleo highlighted the resemblance between ETH’s performance between 2020 and 2025. According to the analyst, there are “a lot of similarities on the chart to where we are now vs. where we were in 2020.” As he explained, in the Spring of 2020, Ethereum experienced a major sell-off, fueled by the COVID-19 crash, which sent its price below a key higher timeframe (HFT) support. However, once the ascending trendline was reclaimed as support, ETH was “up only for the next 20 months.” Kaleo detailed the recent sell-off, caused by the Trump Tariffs scare, sent the altcoin below its multi-year ascending support trendline, adding that “ETH is currently on the verge of reclaiming that line.” Related Reading: Solana Triangle Formation Breakout Targets Rally To $164 – Is A Recovery Around The Corner? The analyst suggested that if history repeats, investors could see “another great ETH bull run and accompanying alt season.” Meanwhile, analyst DonAlt affirmed that ETH’s chart looks “pretty good” amid its HTF range reclaim. To him, a new all-time high (ATH) is likely if the $3,800 resistance is reclaimed, while the rally’s invalidation level is a close below the $2,200 mark. As of this writing, ETH trades at $2,803, a 6.7% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Ethereum pushed above the $2,820 mark yesterday, strengthening the bullish case for a breakout after weeks of consolidation. The move has created renewed optimism among traders who expect ETH to rally beyond its current range and begin a new upward leg. Despite lingering global tensions, markets are responding positively to growing speculation that a trade deal between the US and China may soon be finalized, offering a temporary boost to risk assets across the board. Related Reading: Ethereum Approaches Decisive Level – Trading Around 200 DMA Resistance Ethereum’s recent strength comes at a critical moment, as price approaches the upper boundary of its current ascending channel. Top analyst M-log1 shared a technical analysis highlighting this structure, stating that ETH needs to break out of this current channel. Until then, price action may remain contained within the structure, with limited upside unless a decisive breakout occurs. As Ethereum pushes toward resistance, all eyes are on volume and confirmation signals that could mark the start of a broader trend. For bulls, breaking above the ascending channel could signal the beginning of a strong move toward $3,000 and beyond. Until then, Ethereum remains at a key inflection point in its cycle. Ethereum Holds The Key To Altseason Ts Bulls Eye Breakout Ethereum is now at the center of the market’s attention, as its next move could determine whether a true altseason begins. While Bitcoin continues to lead, Ethereum’s ability to reclaim higher price levels—particularly above the $2,800 mark—will be critical in confirming the start of a broader altcoin rally. So far, positive sentiment and rising price action suggest momentum is building, with ETH pushing into resistance and forming a constructive setup. Bulls have regained control in recent sessions, but the challenge now lies in escaping the current structure. M-log1 highlighted that Ethereum remains trapped in an ascending channel, a pattern that often leads to slow grinding moves until a breakout or breakdown occurs. “If we want anything significant to happen,” he noted, “then ETH needs to leave this ascending channel.” Failing to do so increases the probability of a revisit to the lower end of the range, though M-log1 clarified that this isn’t a certainty—just a probability to keep in mind. On a positive note, Ethereum’s moving averages continue to trend upward and support price from below, providing a favorable technical backdrop. As long as these levels hold and bulls remain active, the breakout scenario remains the dominant outlook. If ETH can decisively flip $2,800 into support and break above the channel structure, it could unleash a wave of capital rotation into altcoins. Until then, Ethereum holds the spotlight—and its next move will likely shape the direction of the entire market heading into summer. Related Reading: Ethereum Still Rangebound Below $2,735 Level – No Clear Breakout Yet Ethereum Breaks Above Resistance But Faces Retest At Key Level Ethereum is currently trading at $2,771 on the daily chart after briefly breaking above the critical $2,800 resistance zone. This level has capped price action multiple times since early May, making this breakout attempt a significant development. However, today’s rejection from a high of $2,834 suggests that ETH is not yet ready to confirm a clean breakout and may be entering a short-term retest phase. The $2,750–$2,800 zone, now acting as immediate resistance, aligns closely with the 200-day simple moving average (SMA) at $2,654.52 — a historically important level that often dictates medium-term trend direction. ETH’s recent surge above all major moving averages, including the 50-day ($2,333.32) and 100-day ($2,085.42) SMAs, reflects growing bullish momentum and a strong trend structure. Related Reading: Ethereum Weekly Structure Tightens – Tower Top Pattern In Play? If Ethereum holds above the 200-day SMA on a retest and reclaims $2,800 with follow-through, the path toward $3,000 becomes more realistic. On the other hand, failure to hold this area could result in a slide back toward the $2,600–$2,650 support zone. Volume has picked up, indicating interest, but confirmation will come from sustained price above resistance. For now, ETH remains in a promising position — but the next few candles will be key. Featured image from Dall-E, chart from TradingView
Ethereum price started a fresh increase above the $2,750 zone. ETH is now correcting gains and might test the $2,680 support zone. Ethereum started a fresh increase above the $2,800 level. The price is trading above $2,750 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line forming with support at $2,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,680 support in the near term. Ethereum Price Corrects Gains Ethereum price started a fresh increase after it found support near the $2,550 level, beating Bitcoin. ETH price was able to clear the $2,650 and $2,720 resistance levels. The bulls pushed the price above $2,800. ETH even spiked above $2,850. A high was formed at $2,880 and the price is now correcting gains. There was a move below the 23.6% Fib retracement level of the upward move from the $2,483 swing low to the $2,880 high. Besides, there was a break below a key bullish trend line forming with support at $2,800 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,750 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,800 level. The next key resistance is near the $2,840 level. The first major resistance is near the $2,880 level. A clear move above the $2,880 resistance might send the price toward the $2,920 resistance. An upside break above the $2,920 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,000 resistance zone or even $3,120 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,820 resistance, it could start a fresh decline. Initial support on the downside is near the $2,755 level. The first major support sits near the $2,680 zone and the 50% Fib retracement level of the upward move from the $2,483 swing low to the $2,880 high. A clear move below the $2,680 support might push the price toward the $2,620 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 losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,680 Major Resistance Level – $2,880
On-chain data suggests Ethereum doesn’t face any dominant resistance levels until $3,417, something that could open up the path to the mark. Ethereum Cost Basis Distribution Shows Resistance Ahead Is More Spread Out In a new post on X, the on-chain analytics firm Glassnode has talked about how the Cost Basis Distribution is looking for Ethereum right now. The “Cost Basis Distribution” is an indicator that tells us about how much of the asset’s supply was last purchased at which price levels. Related Reading: Bitcoin Back At $109,000, But HODLer Profit-Taking Down 89% First, here is a chart that shows what the cryptocurrency’s latest breakout has been like from the perspective of this indicator: As displayed in the above graph, Ethereum has managed to break through a few notable supply levels with the latest price surge. Both the $2,700 and $2,740 levels hold the cost basis of about 1.3 million ETH, while the $2,760 mark holds that of 800,000 ETH. In on-chain analysis, levels concentrated with supply are considered important, due to the simple fact that investors are likely to show a reaction to price interactions with their cost basis. When this retest occurs from below, the holders may react by selling their coins. Loss investors can be desperate to get back into the green, so when the price does return to their break-even, they can panic and exit out of fear that they will go back underwater in the near future. Naturally, the more investors that share their cost basis at a particular level, the stronger this kind of selling reaction tends to be. As such, levels above that hold a significant amount of supply can act as resistance barriers to ETH’s price. Ethereum was earlier stuck under the aforementioned supply zones for a month, potentially because of this resistance effect, but now the cryptocurrency has finally reclaimed them. Just like how strong levels above can pose resistance, those below can be a center of support instead. As such, it’s possible that the role of the $2,700, $2,740, and $2,760 supply walls would now change. “These investors accumulated during consolidation and now will potentially form a strong support zone,” notes Glassnode. The support effect can arise from holders carrying a bullish mindset and looking at declines to their cost basis as dip-buying opportunities, or simply from them wanting to protect their acquisition boundary. Now, here is another chart shared by the analytics firm that shows how the Ethereum Cost Basis Distribution looks for the levels ahead of the latest spot value: From the graph, it’s visible that the levels ahead have the Ethereum supply distributed in a more uniform manner, with no strong clusters present until $3,417. More specifically, the price levels before this mark contain 200,000 to 400,000 ETH at every $50 gap. In comparison, the $3,417 level currently holds the cost basis of about 607,950 ETH. Related Reading: Toncoin Heading Toward 40% Breakout, Pattern Could Suggest “If the $2.70K–$2.76K support range holds, the path to $3.42K remains technically open – but the response from holders in the $2.8K–$3.3K range will define how quickly ETH can climb – currently, it’s already 47.5% up QTD,” explains Glassnode. ETH Price Ethereum briefly broke above $2,830 in the past day, but the coin has since faced a pullback as it’s back at $2,780. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Ether’s 5.6% rally to a 10-day high followed soft May CPI and a draft U.S.-China trade truce, intensifying already brisk institutional demand.
With the recent Ethereum price trend, a crypto analyst has pointed out that the altcoin could be looking to stage a similar rally to what was seen with Bitcoin back in 2021. Crypto analyst TradingShot pointed out the similarities in a recent analysis and showing where the price could go if it does play out the same way. Ethereum Looks Like Bitcoin Did In 2021 In the analysis posted on TradingView, crypto analyst TradingShot showed how this Ethereum cycle movement looked similar to Bitcoin’s 2021 cycle movement. The first of this was recovery from a major price crash that led to new cycle lows for the cryptocurrency, before staging a recovery that pushed it toward new highs. Related Reading: Is Altcoin Season Still Coming? Why Bitcoin Is To Blame Despite Making ATHs For Bitcoin, the crash happened when the COVID-19 lockdown was announced. Following this, the Bitcoin price had fallen more than 50% from above $9,000 to less than $4,000 in less than one month. However, after this, the Bitcoin price rebounded from the cycle lows, crossing the 1-week MA50, and then breaking the lower high trendline, and going on to reach new all-time highs. For Ethereum, the crypto analyst pointed to the price crash triggered by Donald Trump’s tariff wars as being similar to Bitcoin’s COVID crash. After Donald Trump announced tariffs on other countries, the Ethereum price also crashed by a large margin, going from above $2,400 to below $1,500 in less than a month. This has been dubbed the ‘Trade War Crash’, and the altcoin is still reeling from the decline. Currently, the Ethereum price is stuck at the point where it is still trying to break above the 1-week MA50, which is now the major level to beat to confirm this trend. Just like Bitcoin, it has also seen the formation of major resistance at the lower highs, and this sits right at the $4,200 level. This means the Ethereum price still has around a 50% rally to complete before it confirms a similar trend to Bitcoin. How High ETH Price Could Go If It Plays Out If Ethereum does reclaim the 1W 50MA and then breaks the lower highs at $4,200, confirming this trend, then the resulting rally could be exceptional. For example, after breaking the lower highs, the Bitcoin price went on to reach new all-time highs of $69,000 in 2021. This means that the price went from below $4,000 to $69,000 in the space of a year. Related Reading: Pundit Says Do Not Ignore Ethereum Amid New All-Time Highs In Major Metric A similar rally would mean that the Ethereum price would rise above $10,000. Taking the same timelines into position, it would put ETH at this price sometime in 2026, a year from when the Trade Wars crash had occurred. A closer parabolic rally and an imitation of Bitcoin’s 1,700% rally would mean a price tag above $15,000 for the second-largest cryptocurrency in the space. Featured image from Dall.E, chart from TradingView.com
Ethereum (ETH), the second-largest cryptocurrency by market cap, may finally be awakening from its slumber. It recently flashed a bullish golden cross on the daily chart – a signal that has many crypto analysts forecasting a potential new all-time high (ATH) in the near future. Ethereum Flashes Bullish Golden Cross In an X post published today, crypto analyst Titan of Crypto noted that ETH has formed a golden cross on its daily chart. He shared the following chart and remarked that bullish momentum appears to be building for Ethereum. To explain, a golden cross is a bullish technical pattern that occurs when a short-term moving average (MA) – typically the 50-day – crosses above a long-term MA like the 200-day. It signals a potential shift in momentum and is often seen as an indicator of a sustained upward trend. Related Reading: Ethereum Market Shows Signs Of Overheating Near $2,500 – Is A Short-Term Pullback Coming? Meanwhile, seasoned crypto analyst Ali Martinez commented on ETH’s recent price action. He noted that Ethereum has broken resistance on the 4-hour chart and could be setting up for a move as high as $2,920 in the coming days. Fellow market commentator Ted Pillows echoed a similar view. He stated that ETH is currently trading at a local range high, pushing against a key resistance level at $2,800. Pillows suggested that the digital asset might reach $4,000 later this month. Multiple technical indicators and market structure patterns are also hinting at near-term upside for ETH. For instance, crypto trader Merlijn The Trader observed a hidden bullish divergence on the 12-hour chart. A hidden bullish divergence occurs when price forms a higher low, while a momentum indicator – such as RSI or MACD – forms a lower low. This setup suggests that although momentum appears weak, the underlying trend remains intact, and a price continuation to the upside is likely. In a similar vein, digital assets analyst Crypto Caesar pointed out that Ethereum’s Wyckoff Accumulation pattern is “still playing out perfectly.” He shared a chart predicting that ETH may hit a new all-time high by August 2025. All Indicators Point To Further Upside Beyond the technical patterns, other on-chain and market indicators continue to support the bullish thesis. For instance, even after gaining over 11% in the past two weeks, Ethereum’s funding rates remain relatively neutral – a sign that the rally may still have room to grow. Related Reading: Ethereum Stuck Between Retail Sell-Off And Whale Accumulation, Analyst Explains Additionally, ETH is eyeing a potential breakout to $3,500, with its price projected to surge above the crucial 50-day exponential moving average (EMA). At press time, ETH trades at $2,740, up 6.8% in the past 24 hours. Featured image from Unsplash, charts from X and TradingView.com
In his latest macro-technical analysis, crypto strategist Kevin (@Kev_Capital_TA) has flagged a potentially pivotal moment for Ethereum (ETH), arguing that a confluence of rare monthly chart signals—some not seen in years—could be laying the groundwork for durable altcoin outperformance. Speaking in a video posted June 9, the analyst described the current Ethereum setup across multiple timeframes as “something we’ve never seen before,” drawing comparisons to historical signals that preceded major rallies in 2016, 2018, and 2020. Ethereum Primed For Macro Breakout Kevin emphasized that Ethereum now exhibits strong bullish momentum across its USD pair, dominance chart, and ETH/BTC ratio, pointing to a simultaneous alignment of several high-time frame indicators. “These are things that just don’t pop up every day,” he said. “Matter of fact, these are things that have almost never popped up in such confluence throughout history for Ethereum.” The core of Kevin’s thesis hinges on what he calls a “monthly demand candle”—a large, typically green candlestick that emerges after a protracted correction. Ethereum printed such a candle in May 2025 following nearly a year of sideways chop and five months of drawdown. Historically, these demand candles have marked the start of significant uptrends. Kevin cited analogous structures in 2016, 2018, and during the COVID-19 crash in 2020, all of which preceded multi-month rallies. “This may be the most textbook demand candle we’ve ever had,” he noted, adding that “the last time we saw something like this was before ETH ran for nearly a year with barely any major correction.” Related Reading: Pundit Says Do Not Ignore Ethereum Amid New All-Time Highs In Major Metric Supporting the candle analysis is a synchronized bullish turn in several technical indicators. The Market Cipher momentum wave has clipped into the oversold zone and printed a confirmed green dot buy signal. Simultaneously, the VWAP—volume-weighted average price—has crossed above the zero line, and money flow has started to trend upward. Kevin was explicit about the importance of this configuration: “Let me tell you something: this is a big deal.” The monthly RSI, currently sitting at 51, has not yet broken the crucial 70-level that historically marks the onset of parabolic price action. According to Kevin, “ETH has never even broken 70 this cycle. You haven’t seen what’s possible yet for Ethereum—or for altcoins in general. You’ve seen nothing yet.” He also highlighted the return of whale accumulation, measured through a proprietary “whale money flow” indicator. After exiting ETH positions for over a year—from March 2024 to May 2025—whale flows have shown a V-shaped bottom and are now turning up. “We are now starting to see accumulation durably here,” Kevin said. “You keep hearing that BlackRock’s buying ETH, and I don’t know if that’s reflected in this indicator, but we are definitely seeing whale activity occur on the monthly time frame.” The analyst went further, showing that Ethereum’s stock RSI on the monthly timeframe has not only bottomed out but is now rebounding sharply—a pattern that historically precedes long-duration uptrends. “This is aggressive movement,” he explained, noting that for confirmation, the RSI still needs to cross the 20-level, but emphasized that the current shape of the rebound is stronger than in previous cycles. Ethereum Shows Relative Strength Another key piece of the puzzle is Ethereum’s dominance chart, which tracks ETH’s market cap relative to the rest of the crypto space excluding Bitcoin. Kevin pointed to a potential double bottom on the monthly chart and a newly confirmed MACD momentum shift, the first in over two years. “That’s two years and one month of downtrend finally reversing,” he said. Related Reading: Ethereum Consolidates As Momentum Builds – Analyst Has $3K In Sight For June Finally, the ETH/BTC pair is showing a near-identical structure to Ethereum’s dominance chart. Kevin believes this confluence is key. “Look at that—wow, that’s funny—it looks the same. You find your major low right where you found it in 2020. The monthly indicators are all curling up.” Still, he remained measured in his optimism, noting that macroeconomic conditions—particularly monetary policy—remain essential for confirming the bullish case. “It’s going to take some monetary policy shifting. We still need inflation to come in line. But the market is living four to six months ahead. If the market starts to sniff out that easing is coming, we’ll see that reflected in asset prices before it happens.” Referencing cycle theory and historical post-halving performance, Kevin argued that ETH’s recent relative strength fits both narratives. “Typically, ETH and altcoins start to outperform Bitcoin in the post-halving year. We’re halfway through that window—and it looks like it’s finally starting.” Looking ahead, he sees Ethereum as the “major key” that unlocks broad altcoin outperformance. “ETH opens the door to soaking up market cap, which will then leak down into mid-caps and small-caps. Everything starts with ETH.” While reiterating that patience is crucial, Kevin concluded with conviction: “The monthly timeframe indicators have never been more historically on our side. I think we’re on the verge of something really big.” At press time, ETH traded at $2,739. Featured image created with DALL.E, chart from TradingView.com
Ethereum price started a fresh increase above the $2,650 zone. ETH is now consolidating and eyes more gains above the $2,850 resistance. Ethereum started a fresh increase above the $2,750 level. The price is trading above $2,700 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh surge if it clears the $2,850 zone in the near term. Ethereum Price Rises Further Ethereum price started a fresh increase after it found support near the $2,500 level, beating Bitcoin. ETH price was able to clear the $2,600 and $2,650 resistance levels. The bulls pushed the price above $2,750. ETH even spiked above $2,800. A high was formed at $2,832 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,483 swing low to the $2,832 high. Ethereum price is now trading above $2,750 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2,750 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,820 level. The next key resistance is near the $2,850 level. The first major resistance is near the $2,880 level. A clear move above the $2,880 resistance might send the price toward the $2,920 resistance. An upside break above the $2,920 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,000 resistance zone or even $3,120 in the near term. Are Dips Supported In ETH? If Ethereum fails to clear the $2,850 resistance, it could start a fresh decline. Initial support on the downside is near the $2,750 level. The first major support sits near the $2,650 zone and the 50% Fib retracement level of the upward move from the $2,483 swing low to the $2,832 high. A clear move below the $2,650 support might push the price toward the $2,600 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 – $2,750 Major Resistance Level – $2,850
Ethereum is making waves in the crypto market, pushing into key resistance levels following an impressive 14% surge over the past few days. This upward momentum has put bulls firmly in control, igniting optimism among investors as the second-largest cryptocurrency by market cap tests critical thresholds. The recent rally has brought Ethereum close to a pivotal juncture, where breaking through higher levels could confirm sustained bullish momentum and potentially signal the start of a broader uptrend. Related Reading: Ethereum Weekly Structure Tightens – Tower Top Pattern In Play? Top analyst Daan recently shared an insightful analysis, highlighting that Ethereum remains rangebound between approximately $2,475 and $2,735. This consolidation zone has proven to be a battleground, with the price repeatedly testing its boundaries. Notably, Ethereum has now retested the range high of $2,735 for the fourth time, a level that has acted as both support and resistance in recent weeks. The price has also swept both the highs and lows within this range, suggesting a period of indecision that could precede a significant move. For bulls to maintain their dominance, clearing this resistance will be crucial. Failure to do so might invite renewed selling pressure, keeping the market on edge as traders watch for the next catalyst. Ethereum Clears Range Highs But Needs Confirmation Ethereum stands at a decisive level following a robust push into resistance, marking a critical moment for the cryptocurrency’s trajectory. After a notable surge, the price has tested key thresholds, drawing sharp attention from market participants. Sentiment remains deeply divided, with some analysts anticipating a breakout to higher prices, fueled by the recent momentum, while others predict an imminent correction as overextension risks loom. This uncertainty is compounded by global tensions and macroeconomic instability, which continue to drive volatility across financial markets, keeping traders on edge. Daan’s recent analysis provides a detailed perspective, noting that Ethereum remains rangebound between approximately $2,475 and $2,735. Within this zone, the price has swept both the highs and lows, reflecting a period of consolidation. Significantly, Ethereum has now retested the range high of $2,735 for the fourth time, a level that has repeatedly served as a psychological and technical barrier. According to Daan, this prolonged range play suggests that a breakout—either upward or downward—is on the horizon, likely triggering a substantial move. However, he cautions that until such a breakout occurs, it’s prudent to avoid overcommitting to either bullish or bearish positions. The analyst points out that over the past few weeks, traders have repeatedly bet on breakouts in both directions, only to face choppy conditions that often result in losses. This pattern of indecision has left many investors “chopped up,” as premature bets fail to materialize. With global economic uncertainties adding pressure, Ethereum’s next move hinges on whether bulls can decisively clear the $2,735 resistance or if bears will capitalize on a potential reversal. Until clarity emerges, the market remains a battleground of competing forces. Related Reading: Ethereum Consolidates As Momentum Builds – Analyst Has $3K In Sight For June Price Action Details: Key Levels To Clear Ethereum is trading at $2,690.46 on the 1-day chart, following a period of consolidation after a sharp decline. After finding support near $1,750 in April, ETH formed a tentative ascending triangle pattern, with recent price action testing key moving averages. The 50-day SMA ($2,310.51) and 100-day SMA ($2,077.91) have been breached upward, while the 200-day SMA ($2,657.01) remains a critical resistance, aligning with the current price zone. This move suggests short-term resilience, setting the stage for a potential test of the $2,750 resistance, a level retested four times since early 2025. A decisive daily close above $2,750, supported by rising volume, could pave the way for a push toward $3,000. The chart reveals rising lows since April, indicating accumulation and renewed buyer interest, particularly around the $2,500-$2,600 range. Increasing volume during recent upticks adds credibility to the breakout attempt, reducing the likelihood of a false move. Related Reading: Bitcoin And Ethereum Defend Key Moving Averages – Bullish Signal Or Temporary Relief? If ETH holds above $2,500, the trend leans bullish. However, a rejection at $2,750 might drive the price back to the $2,250-$2,400 support zone. The market remains rangebound between $2,475 and $2,735, per analyst Daan’s insights, with a breakout likely to trigger a significant move. All eyes are on whether ETH can clear $2,750 to confirm upward momentum. Featured image from Dall-E, chart from TradingView
A 6.54% rally lifted ether above $2,700 on heavy volume as traders and executives forecast further upside toward $4,000.
Crypto analyst Crypto Bullet has raised the possibility of the Ethereum price surging by 38% soon. He alluded to the 50EMA as the only thing holding ETH from witnessing this price surge, but suggested that it could change soon with a breakout on the horizon. Ethereum Price Eyes 38% Jump To $3,500 In an X post, Crypto Bullet predicted that the Ethereum price could record a 38% surge to $3,500. This came following as he highlighted the ongoing battle between ETH and the 50EMA, noting that this indicator was the only thing holding the altcoin back from a parabolic surge. The analyst added that on average, a breakout results in a 38% pump, which puts Ethereum exactly at $3,500. Related Reading: Pundit Says Do Not Ignore Ethereum Amid New All-Time Highs In Major Metric As NewsBTC reported, Crypto Bullet also recently predicted that the Ethereum price could rally to $3,300 as a Morningstar Candle pattern formed. Back then, he noted that ETH was facing tough resistance at $2,500 but affirmed that the resistance would be broken in due time. He indicated that a breakout from that resistance will usher in the rally to $3,300. The Ethereum price has now broken above the $2,500 resistance, which provides a bullish outlook for the largest altcoin by market cap. Based on Crypto Bullet’s prediction, a rally to $3,300 may already be underway, which could then lead ETH to the $3,500 target. In a more recent X post, the crypto analyst commented on the recent break above $2,500. He stated that the Ethereum price is now trying to break the 200-day MA, which is between $3,000 and $3,300, for the fifth time. He indicated that a breakout above the range is likely to happen on this fifth attempt. His accompanying showed that ETH could rally to the $4,000 level if a successful breakout occurs. ETH About To Begin A New Bull Run Crypto analyst Trader Tardigrade predicted that another bull run is about to start for the Ethereum price. He noted that ETH’s daily candle closed above the resistance level at $2,650 yesterday and also opened above this resistance level today. The analyst added that ETH is now moving above it, which signals the start of a new bull run. Related Reading: FTX Repayments About To Dump $5B On The Market, How Will Bitcoin And Ethereum React? His accompanying chart showed that the Ethereum price is breaking out of an ascending triangle, which could send the altcoin above the psychological $3,000 level. Crypto analyst Mikybull Crypto also declared that Ethereum’s breakout will be huge, with ETH still maintaining its current range between $2,400 and $2,600. At the time of writing, the Ethereum price is trading at around $2,670, up over 7% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Ethereum has shown signs of regaining momentum after a recent period of decline. The asset is currently trading at approximately $2,540, reflecting a modest 1% daily increase. This upward move follows a notable dip to the $2,400 range last week, marking what appears to be a short-term rebound from recent bearish pressure. While price fluctuations continue, on-chain analysts closely monitor Ethereum’s market structure through various metrics that provide historical context and potential forecasting value. Recent insights from a CryptoQuant analyst have focused on how ETH’s long-term behavior aligns with certain key indicators, which may help define price floors and signal overheated market conditions. Related Reading: Bitcoin And Ethereum Defend Key Moving Averages – Bullish Signal Or Temporary Relief? Assessing Ethereum Price Floors Using On-Chain Data One of CryptoQuant’s analysts, writing under the name CryptoOnchain, shared a breakdown of Ethereum’s potential “price floors” using a composite of on-chain and market metrics. These floors represent statistical thresholds that have historically acted as support zones during market corrections. Among them is the realized price, which measures the average value at which all circulating ETH last moved on-chain. This metric is often used as a sentiment gauge to track when market participants are in profit or loss. Another benchmark, the mean_price_classic, reflects the average daily closing price of ETH since inception and serves as a cumulative market average. It is used in conjunction with the delta_price_classic, a figure derived from the difference between Ethereum’s realized capitalization and its historical average cap, adjusted for supply. According to the analyst, this delta price is frequently cited in Bitcoin analytics to highlight undervalued zones, and its adaptation for Ethereum provides a comparable lens for identifying periods when the market may be at or near a floor. Tracking Market Tops and Potential Resistance Zones In a separate analysis report, CryptoOnchain highlighted tools for identifying potential market tops. The indicators outlined include the realized_price_x2 and realized_price_x3, which are calculated by multiplying Ethereum’s realized price by two and three, respectively. Historically, these levels have coincided with overheated phases of the market, where prices reached temporary peaks before correcting. Related Reading: Ethereum Consolidates Below $2,800 – Bulls Need This Level To Trigger Next Leg Up Another tool, the price_top_stddev, incorporates volatility into the analysis by adding two times the historical standard deviation of ETH’s closing price to the realized price. This combination serves as a marker of statistically elevated prices, often aligning with periods of heightened euphoria and speculative activity. CryptoOnchain suggests that monitoring these zones can assist traders in managing risk during extended rallies, as these resistance levels have previously preceded major cycle reversals. Featured image created with DALL-E, Chart from TradingView
Ethereum price started a fresh increase above the $2,550 zone. ETH is now consolidating and eyes more gains above the $2,740 resistance. Ethereum started a fresh increase above the $2,700 level. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh surge if it clears the $2,740 zone in the near term. Ethereum Price Regains Pace Ethereum price started a fresh increase after it found support near the $2,400 level, like Bitcoin. ETH price was able to clear the $2,500 and $2,550 resistance levels. The bulls pushed the price above $2,650. ETH even spiked above $2,700. A high was formed at $2,731 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,482 swing low to the $2,731 high. Ethereum price is now trading above $2,600 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2,540 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,720 level. The next key resistance is near the $2,740 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 $2,840 resistance. An upside break above the $2,840 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. Are Dips Supported In ETH? If Ethereum fails to clear the $2,740 resistance, it could start a fresh decline. Initial support on the downside is near the $2,640 level. The first major support sits near the $2,580 zone and the 61.8% Fib retracement level of the upward move from the $2,482 swing low to the $2,731 high. A clear move below the $2,580 support might push the price toward the $2,540 support. Any more losses might send the price toward the $2,450 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 – $2,640 Major Resistance Level – $2,740
PLUS: Institutional Ethereum staking might drive ETH’s next rally.
Data shows the demand for spot exchange-traded funds (ETFs) has cooled off for Bitcoin, while Ethereum has continued to attract inflows. Bitcoin Has Ended A Streak Of Positive ETF Flows In a new thread on X, the on-chain analytics firm Glassnode has talked about how the total balance of the US spot ETFs has changed for Bitcoin and Ethereum recently. The spot ETFs refer to investment vehicles that provide an alternate means of gaining exposure to a cryptocurrency’s price movements in a manner that’s familiar to traditional investors. Related Reading: Crypto Suffers $1 Billion Flush As Musk-Trump Feud Shakes Bitcoin These ETFs are a relatively new presence in the sector, but they have gained sufficient popularity to become a key part of the market. Investors who previously avoided digital assets due to the perceived complexity of wallets and exchanges can now invest through ETFs, which trade on traditional exchanges. The US Securities and Exchange Commission (SEC) approved the spot ETFs for Bitcoin back in January 2024. They got approval for Ethereum half a year later, in July 2024. First, here is how the balance held by the spot ETFs has changed for Ethereum since their inauguration: As displayed in the above graph, the total balance of the Ethereum spot ETFs has been on the rise recently. In fact, the cryptocurrency has now seen four straight weeks of net inflows. In all, 97,800 ETH have entered into the wallets associated with these ETFs during this green netflow streak. Though despite the continuous inflows, their total holdings are yet to hit the 3.81 million ETH peak from February, as they currently sit at 3.77 million ETH, about 41,000 tokens lower. “Accumulation is steady, but room remains for further upside,” notes Glassnode. Bitcoin has also seen growth in its spot ETF holdings recently, but unlike Ethereum, the number one digital asset saw the metric surpass its high from February last month. That said, while the Bitcoin spot ETFs were enjoying inflows until very recently, the trend has changed during the past week as net outflows have occurred instead. This has been the first negative week in eight for the BTC ETFs. “Total holdings are now 1.20M BTC, down ~11.5K BTC from the late-May peak,” explains the analytics firm. “A pause in demand after a strong run-up – watch for signs of re-acceleration.” Related Reading: Bitcoin RSI Dips Below 30—Is A New All-Time High Next? It now remains to be seen how things will develop in the coming days for the top two cryptocurrencies and whether the divergence that is starting to develop between them will only take further hold. BTC Price Bitcoin has seen a jump of about 2% during the past day and has recovered to $107,600. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Ethereum has pulled back roughly 14% since the last week of May, but it’s holding firm above the critical $2,400 support zone. Despite recent volatility across the crypto market, ETH’s ability to defend this level has kept hopes alive for a potential recovery. Analysts are closely watching Ethereum’s next move, as the asset still trades well below its yearly highs, offering room for upside if momentum returns. Related Reading: Ethereum Consolidates Below $2,800 – Bulls Need This Level To Trigger Next Leg Up Since the start of the year, Ethereum has faced steep declines and inconsistent follow-through on bullish setups. However, many believe ETH is now positioned to recover lost ground — if bulls can reclaim the $2,800 resistance and flip it into support. A breakout above that level would likely open the door for a broader altcoin rally. Top analyst Big Cheds weighed in on the current structure, noting that Ethereum’s weekly chart printed its fourth small-bodied candle in a row — a classic sign of indecision. According to Cheds, ETH “still looks pre-tower top,” suggesting a potential trend shift may be forming. Ethereum Holds Ground As Bulls Face Critical Resistance Ethereum has managed to hold strong above key support levels despite several weeks of market-wide pullback and volatility. Trading above the $2,400–$2,500 zone, ETH has shown resilience while many altcoins have lost momentum. This range has become a critical battleground, with bulls now needing a clean breakout above the $2,800 mark to confirm a return to a bullish phase and potentially kick off the next leg higher. But while the technical structure remains intact for now, macroeconomic headwinds are building. US Treasury yields continue to rise as markets brace for prolonged high interest rates, signaling tighter financial conditions ahead. Combined with ongoing geopolitical uncertainty and sluggish global growth expectations, these factors continue to weigh heavily on risk assets, including crypto. Adding to the cautious tone, top analyst Big Cheds recently highlighted Ethereum’s weakening weekly momentum. According to Cheds, ETH is heading for its fourth consecutive small-bodied weekly candle — a signal of indecision that typically precedes major moves. He notes that the current setup looks pre-tower top, a classic bearish formation that often marks exhaustion at the top of a trend before a sharp reversal. This puts Ethereum at a critical juncture. A decisive breakout above $2,800 would invalidate the bearish scenario and strengthen the case for recovery toward the $3,000–$3,200 range. On the other hand, continued weakness and a failure to gain traction could trigger renewed selling pressure, especially if macro conditions worsen. As Ethereum trades within a tightening range, the next few weeks will be crucial. Whether bulls can flip resistance or bears regain control will likely determine the direction for ETH and the broader altcoin market heading into Q3. Related Reading: Bitcoin And Ethereum Defend Key Moving Averages – Bullish Signal Or Temporary Relief? ETH Reclaims Short-Term Support But Faces Overhead Pressure Ethereum is trading at $2,539 on the 4-hour chart, showing a modest rebound of +1.86% on the day. After briefly dipping below its 200 SMA ($2,511), ETH has reclaimed this key level and is now pushing toward the cluster of shorter-term moving averages — including the 34 EMA ($2,528), 50 SMA ($2,543), and 100 SMA ($2,565). This area represents immediate resistance, and how ETH reacts here will likely determine the next short-term trend. Since early May, ETH has been trading in a wide consolidation range between $2,400 and $2,800. The recent price action suggests ongoing indecision, with lower highs forming and strong support holding near the 200 SMA. Volume remains relatively muted, indicating a lack of strong directional conviction. Related Reading: Solana Key Indicator Flashes Buy Signal On Daily Chart – Rally Ahead? For bulls, reclaiming and holding above the 100 SMA is crucial for breaking out of the current range and targeting the $2,700–$2,800 region. On the downside, a loss of the 200 SMA could lead to a swift retest of $2,430 and potentially deeper downside. Featured image from Dall-E, chart from TradingView
Ethereum has remained firm above key support levels despite the broader market pullback in recent weeks. While many altcoins have shown weakness, ETH continues to trade above the $2,400–$2,500 zone, signaling strength and positioning itself for a potential recovery. After a volatile start to the year that saw steep declines, analysts are increasingly calling for a breakout, with some suggesting Ethereum could soon reclaim lost ground if current conditions hold. Related Reading: Bitcoin And Ethereum Defend Key Moving Averages – Bullish Signal Or Temporary Relief? However, not everyone agrees on the bullish outlook. Some traders warn that Ethereum’s recent consolidation may precede another leg down, especially if resistance near $2,800 remains unbroken. The debate highlights the uncertainty hanging over the market as macro risks and shifting liquidity continue to influence short-term direction. Top analyst Ted Pillows recently shared his view, noting that Ethereum is still consolidating after a strong May. While this pause may seem neutral, he pointed to rising ETF inflows and growing network activity as leading indicators of renewed demand. According to Pillows, these signals often precede price expansion, suggesting that ETH may just be gearing up for its next move. Ethereum Holds Firm As Market Volatility Builds Toward A Decisive Move Ethereum is navigating a critical moment as the broader crypto market faces heightened volatility and mounting uncertainty. Still trading 48% below its all-time high, ETH has shown impressive resilience, holding firm above key support levels even as sentiment wavers. The market remains on edge following renewed tensions between Elon Musk and US President Donald Trump — a dynamic that has triggered risk-off behavior and short-term instability across assets. Despite the noise, Ethereum continues to show underlying strength. Bitcoin remains stable near its highs, and many altcoins appear to be coiling for potential breakout moves. In this context, the coming weeks could prove decisive for ETH, which has so far managed to consolidate after a bullish May without breaking key structure. Ted Pillows noted in a recent update that Ethereum is still consolidating, and that’s not necessarily bearish. According to his view, rising ETF inflows and accelerating network activity suggest that renewed demand is quietly building behind the scenes. Historically, these have been leading indicators of a breakout, and ETH looks well-positioned to take advantage. Momentum is shifting, and bulls are eyeing the $2,800 level as the next key threshold. Reclaiming that level could trigger a move toward $3,000 in June. Beyond that, if macro conditions remain stable, Ethereum could realistically push to $4,000 by Q3 2025. For now, ETH remains in consolidation mode — but with strength in the fundamentals, technical structure, and on-chain trends, the case for a breakout is growing stronger. The next move will be crucial, not just for Ethereum, but for the broader altcoin market heading into summer. Related Reading: Ethereum Consolidates Below $2,800 – Bulls Need This Level To Trigger Next Leg Up ETH Holds Mid-Range Structure Amid Continued Consolidation Ethereum continues to trade within a tight range, holding at $2,513 after briefly dipping to $2,479 earlier in the session. As seen on the daily chart, ETH remains in consolidation beneath the key resistance at $2,659, marked by the 200-day simple moving average (SMA), which has capped several upside attempts throughout June. Despite failing to break out, the structure remains constructive. The 34-day EMA ($2,435.80) and 50-day SMA ($2,284.93) continue to act as dynamic support. ETH recently bounced off the 34 EMA after testing that level for three consecutive days, signaling buyers are still present and defending key zones. Meanwhile, volume remains muted, reflecting indecision and lack of conviction from both bulls and bears. For now, the $2,430–$2,660 range defines the battleground. A daily close above the 200 SMA would indicate bullish continuation toward the $2,800 level. Conversely, a breakdown below $2,430 could trigger a larger retrace toward $2,200. Related Reading: Solana Key Indicator Flashes Buy Signal On Daily Chart – Rally Ahead? Ethereum’s current behavior reflects a market waiting for a catalyst. With rising ETF inflows and steady on-chain activity, momentum could return quickly, but until then, ETH remains trapped in a sideways grind. The next confirmed move out of this range will likely dictate the trend heading into late June. Featured image from Dall-E, chart from TradingView
Ethereum is back in sharp focus across the crypto market following a recent rally to $2,800 that has added fresh layers of bullish momentum to its long-term narrative. At the time of writing, Ethereum is trying to register a footing above $2,500, but this subdued price action masks what an analyst is calling one of the most critical technical and on-chain moments in Ethereum’s recent history. Ethereum Weekly Engagement Hits Record High According to Crypto Patel, a crypto analyst on the social media platform X, Ethereum’s weekly engagement has reached an all-time high, surpassing all previous peaks seen since 2022. The accompanying chart below shows a steep rise in the number of unique addresses interacting with Ethereum’s ecosystem. Related Reading: Is Ethereum Back In Business? Morningstar Candlestick Pattern Tells A Story According to the most recent data, the number of weekly active addresses stands at 17.4 million, representing an increase of almost 17% in just seven days. Notably, May 2025 saw the most significant growth in engagement, with each of the past three weeks witnessing at least 15 million active addresses. Meanwhile, the Layer 2 multiplier, which reflects adoption across Ethereum’s scaling solutions, has climbed to 7.55x, marking an 18.63% jump over the same period. Crypto Patel described the development as impossible to ignore, adding that the momentum is building fast, and warned followers to stay ready as Ethereum prepares for what could be a dramatic next leg up. “It’s impossible to ignore $ETH right now,” he remarked. Despite a minor 4.31% decline in cross-chain activity in the past seven days, the overall engagement trend confirms that more users are entering the Ethereum ecosystem. Analyst Predicts $9,000 To $10,000 ETH Price Target Complementing this on-chain momentum is a broader technical perspective offered by another crypto analyst known as XForceGlobal on the social media platform X. In a detailed Elliott Wave analysis also shared on X, the analyst noted that Ethereum has successfully completed a complex corrective structure and is now poised to enter a powerful new impulsive phase. According to the chart, the bearish scenario has been invalidated by recent price behavior, and a new bullish cycle is now underway as Ethereum is currently playing out a bullish B wave. Related Reading: Ethereum Price At $8,000: Pundit Predicts Parabolic Run For ETH If this bullish B wave plays out as expected, XForceGlobal projects a major price surge with a target range between $9,000 and $10,000 for Ethereum. Specifically, the analyst identified a $9,410 price target for sometime in the next year. However, the analyst outlines a hypothetical fallback to the $576 zone if the C corrective wave unfolds. Nonetheless, the current wave structure shows an increased likelihood of Ethereum surging higher rather than breaking down. The analyst concluded by stating, “We can now confidently scrap the bearish case. The impulse opened the door for potential new highs.” At the time of writing, Ethereum is trading at $2,493 with a recent intraday high of $2,537. Featured image from Getty Images, chart from Tradingview.com
Ethereum climbs above $2,530 after weekly inflows hit $295 million, the highest among all assets tracked by CoinShares as of June 7.
Over the past few weeks, the Ethereum price has struggled to maintain its bullish momentum from early May. The altcoin has been stuck within a consolidation range, jumping between the $2,500 and $2,700 region. While the Ethereum price sat mostly above the $2,600 level throughout the past week, a market-wide downturn saw the altcoin’s value fall toward $2,400 on Friday, June 6. While the price of ETH has not fully recovered yet, it has at least managed to reclaim the $2,500 level over this weekend. Binance Realized Price Critical For ETH In a Quicktake post on the CryptoQuant platform, an on-chain analyst with the pseudonym Crazzyblockk revealed that the Ethereum price exhibited an interesting reaction around the $2,392 price level on Friday. The crypto pundit noted that this reaction is not random, as it occurred at a significant on-chain level — the realized price of Binance user deposit addresses. Related Reading: Bitcoin Sees Largest Net Taker Volume Drop Of 2025 – Traders React To Trump-Elon Clash The relevant indicator behind this on-chain observation is the ETH Realized Price metric, which tracks the average cost basis of holders across different cohorts, including the Binance User Deposit Address, OKX User Deposit Address, Addresses Frequently Received From CEX, and Highly Active Addresses. Crazzyblockk highlighted the realized prices across these cohorts, with that of the Binance User Deposit Address standing around $2,392; OKX User Deposit Address at $2,706; Addresses Frequently Received from CEX at $2,532; and Highly Active Addresses with a realized price of $2,513. As seen during the latest dip, the $2,392 realized price represents a major on-chain support level, as it is the cost basis of several Binance user deposit addresses. “The market’s bounce from this level highlights the impact of Binance user behavior on ETH’s current price structure,” Crazzyblockk added. Crazzyblockk also noted that while $2,500 is an average realized price across all the highlighted cohorts, an important detail should not be overlooked — Binance’s influence on the general market. The crypto pundit explained that Binance holds the highest ETH reserves among all centralized exchanges and has strong dominance in ETH on-chain movement. For this reason, the analyst inferred that the realized price of Binance user deposit addresses ($2,392) is a crucial level to watch in ETH’s market structure. As a result, this level should be considered whenever financial decisions on Ethereum are about to be made. Finally, most investors would be in profit if Ethereum’s price stays above $2,500, thereby relieving the market of downward pressure, as investors are less likely to sell when in profit. On the flip side, a drop below $2,500 could result in a wave of unrealized losses for the altcoin’s holders, potentially triggering a sell-off and, consequently, an increase in downward pressure. Ethereum Price At A Glance As of this writing, the price of ETH stands at around $2,523, reflecting a 1.12% jump in the past 24 hours. Related Reading: Ethereum Stabilizes After Market Drop – Key MA Reclaim Could Trigger A June Rally Featured image from Unsplash, chart from TradingView
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