THE LATEST CRYPTO NEWS

Ethereum has remained in a volatile consolidation phase, trading between the $2,400 and $2,800 levels as geopolitical tensions weigh heavily on global markets. After last week’s failed breakout above resistance, ETH has retraced yet again, struggling to build sustained momentum. The ongoing conflict between Israel and Iran has intensified market uncertainty, contributing to spikes in volatility across risk assets, including cryptocurrencies. Related Reading: Ethereum Weekly Candle Hints At Pre-Tower Top Formation – Details Despite the macro headwinds, Ethereum bulls continue to defend key support levels, preventing a deeper breakdown. The $2,400 zone has acted as a strong floor in recent weeks, absorbing sell pressure and keeping ETH within its current trading range. Meanwhile, the $2,800 resistance remains the major hurdle to reclaim for a bullish breakout scenario. Top analyst Jelle shared a technical outlook suggesting that Ethereum is still consolidating below a key resistance area. This structure indicates that ETH is coiling before its next major move. The window for a potential breakout narrows as price tightens within this established range. Ethereum Prepares To Move Ethereum has pushed into a critical price zone, with bulls attempting to hold the $2,600–$2,700 range after recent volatility. The asset has shown resilience, rebounding from last week’s lows and re-entering the mid-range of its multi-week consolidation. With price action once again approaching the $2,800 resistance level, market participants are eyeing a potential breakout that could open the door to $3,000 and beyond. Analysts remain divided. On one side, bullish momentum and improving market sentiment suggest ETH is preparing for a larger move. A confirmed breakout above $2,800 would likely trigger aggressive buying and initiate a broader altcoin rally. Many investors are positioning themselves in anticipation of a rotation from Bitcoin into high-beta assets like Ethereum, hoping to ride the next phase of the cycle. On the other side, caution persists. Some technical analysts argue that Ethereum may still be at risk of losing steam, especially if the price gets rejected again at resistance. A failure to maintain the current range could result in a retracement toward $2,400 support or even lower, shaking out weak hands. According to a recent technical update from Jelle, Ethereum remains locked in consolidation just below its key resistance zone. The analysis points to a tightening structure where the window of opportunity is closing. If ETH breaks above this zone, it could ignite fireworks across the altcoin market. With global uncertainty still present and traders closely watching resistance levels, Ethereum’s next move could define the pace of the broader market. Whether it’s a breakout or a breakdown, the coming days are likely to be pivotal. Related Reading: Bitcoin Tests Critical $104K Support – Eyes On $97K If It Breaks ETH Price Action: Technical Details Ethereum is currently trading at $2,606, maintaining a tight consolidation range between $2,400 and $2,800 as shown in the 12-hour chart. After multiple rejections around the $2,800 zone, the asset is struggling to break through this resistance level decisively. Despite the volatility triggered by macroeconomic uncertainty and Middle East conflict, ETH has managed to defend the $2,500 area, supported by a rising 100-period moving average. The recent bounce from the lower end of the range suggests that bulls are still active, stepping in to defend critical structure. However, volume remains relatively muted, indicating that buyers are cautious and awaiting confirmation before initiating larger positions. Meanwhile, the 50-period moving average remains above the 200-period MA, hinting at a medium-term bullish bias if support continues to hold. Related Reading: Ethereum Holds $2,500 Support – History Signals $4,000 As Potential Target The yellow horizontal zone marks the key resistance Ethereum must clear to trigger a sustained move higher, with a clean break above $2,800 likely igniting upside momentum toward $3,000. If the range breaks to the downside, the $2,400 zone is the next level to watch for demand. Featured image from Dall-E, chart from TradingView

Ethereum is holding strong despite a week filled with extreme volatility and heightened geopolitical tensions. Following escalations in the Middle East, with conflict between Israel and Iran fueling global market uncertainty, ETH managed to maintain its critical price range. After briefly dipping earlier in the week, Ethereum has reclaimed momentum and is now trading around crucial levels that could define the next move for the broader altcoin market. Related Reading: Ethereum Weekly Candle Hints At Pre-Tower Top Formation – Details Top analyst Ted Pillows shared a technical outlook suggesting that the bullish scenario remains intact for Ethereum. According to his analysis, ETH is successfully holding its range structure, a key signal that buyers are still in control. This stability at current levels offers confidence to investors watching for a breakout that could lead to a broader altcoin rally. With the macro backdrop still fragile due to rising US Treasury yields and global conflict, Ethereum’s ability to sustain its structure is a sign of relative strength. While the path ahead remains uncertain, all eyes are now on Ethereum’s ability to hold these levels and break through resistance zones. If it does, it could be the trigger needed for renewed momentum in the altcoin market. Ethereum Holds the Line as Bulls Target Breakout Ethereum has gained over 7% since last Friday, recovering from recent lows triggered by macroeconomic pressures and geopolitical instability. The bounce reignited optimism across the market, but price action continues to face a tough challenge at key resistance levels. ETH briefly broke above the $2,800 mark last week, a level that many analysts viewed as a gateway to a broader rally. However, the move lacked follow-through, and Ethereum quickly slipped back below that level, suggesting a lack of conviction or the presence of heavy overhead supply. This divergence in momentum has split analyst opinion. Some argue that Ethereum’s breakout could still ignite a new altcoin season, with ETH leading the charge. Others caution that the repeated failure to sustain higher levels might indicate weakness, and warn that a breakdown below the current range could send Ethereum toward the $2,500 zone or lower. Still, Ted Pillows believes the overall structure remains bullish. His latest analysis emphasizes that the scenario is unchanged: as long as ETH holds the range low as support, the market remains intact and poised to move higher. This support zone has repeatedly acted as a floor for ETH since early May. Ultimately, the next move will be decisive. Ethereum’s ability to hold the range and reclaim $2,800 could pave the way toward $3,000 and beyond. But failure to defend support may increase selling pressure and shift market sentiment. For now, the battle between bulls and bears continues, with Ethereum’s structure offering hope to those betting on an upside breakout. Related Reading: Bitcoin Tests Critical $104K Support – Eyes On $97K If It Breaks ETH Price Analysis: Key Levels To Watch Ethereum (ETH) continues to trade within a defined range after another failed attempt to break above the $2,800 resistance. According to the chart, ETH is currently priced at $2,626.98, down 0.09% on the 4-hour timeframe. Price action shows strong wicks near the resistance zone, suggesting rejection at the upper boundary around $2,770–$2,800, while buyers stepped in as soon as ETH approached the confluence of the 50, 100, and 200 moving averages between $2,576 and $2,619. This range, which has been developing since early May, remains intact. The chart highlights that ETH has respected the $2,580–$2,620 zone as support, confirming this as the lower bound of the range. As long as ETH holds above this level, bulls are likely to remain in control. However, a failure to reclaim the resistance zone with conviction could lead to another pullback. Related Reading: Whales Dump Over 270 Million Cardano In One Week – Bearish Signal Or Shakeout? Volume has slightly picked up near support, signaling buyer interest, but the lack of follow-through near the highs keeps ETH stuck within its range. A breakout above $2,800 with strong volume could be the catalyst for a broader altcoin rally. Until then, Ethereum remains in consolidation, with bulls and bears locked in a battle around key levels. Featured image from Dall-E, chart from TradingView

Ethereum is trading at a critical juncture after intense volatility rocked the broader market following renewed conflict in the Middle East. After pushing above the $2,800 resistance earlier this week, ETH bulls appeared to regain control. However, the price action failed to hold above that level, pulling back sharply and signaling hesitation among market participants. Related Reading: Whales Dump Over 270 Million Cardano In One Week – Bearish Signal Or Shakeout? This retracement comes as macroeconomic and geopolitical tensions rise, particularly after Israel’s strike on Iran triggered widespread risk-off sentiment across global assets. Ethereum, often seen as a high-beta asset, has not been immune to the turbulence. Despite this, it continues to hover near important technical zones, maintaining the potential for a larger move in either direction. Top analyst Big Cheds weighed in on the situation, highlighting a notable technical pattern: ETH is flexing another small body with an upper shadow on the weekly chart. This suggests indecision and potential weakness at the top, although the structure is not yet fully compromised. The next few daily candles could be pivotal in defining Ethereum’s short-term trend. Bulls must reclaim $2,800 with conviction to re-establish momentum, while further downside could open the door for a deeper correction toward previous consolidation zones. Ethereum Holds Range As Market Awaits Next Move Ethereum has lost over 15% since last Wednesday, retracing from local highs near $2,830 and falling back into the trading range that has held since early May. Despite the drop, ETH remains structurally intact, still respecting the broader consolidation zone. However, price action continues to stall below the $2,770 resistance, keeping traders and analysts split on the next move. Some market participants believe Ethereum could ignite the next altcoin season if it manages to break above its current range with conviction. A decisive close above $2,800 could reestablish bullish momentum and signal capital rotation from Bitcoin into ETH and broader altcoins. Others remain cautious, pointing to weakening momentum, global instability, and a failure to sustain support as early warning signs of a potential breakdown below the $2,500–$2,550 area. Adding to the analysis, Cheds shared a technical perspective showing that Ethereum’s weekly chart is printing yet another small-bodied candle with an upper shadow. This structure is consistent with what he sees as a “pre-tower top” setup — a pattern that often precedes heightened volatility or a reversal. It highlights the market’s current hesitation and the ongoing battle between buyers and sellers. Macroeconomic conditions are not helping either. Rising US Treasury yields continue to pressure risk assets, while ongoing geopolitical turmoil—especially the escalating conflict between Israel and Iran—adds another layer of volatility and fear across financial markets. Related Reading: Ethereum Holds $2,500 Support – History Signals $4,000 As Potential Target ETH Struggles To Hold Breakout Ethereum is trading at a critical juncture after failing to hold the breakout above the $2,770 level. The chart shows ETH slipping back into its prior range, with price now testing support around $2,530 after a sharp intraday decline. This move follows a failed breakout attempt, as the price was rejected near the 200-day moving average, currently acting as dynamic resistance just below $2,650. The volume spike on the recent sell-off confirms strong bearish interest, increasing downside pressure. ETH is now sitting close to the lower end of a trading range that has persisted since early May. A decisive break below $2,500 could open the door for a drop toward the 50-day moving average near $2,380. This would put Ethereum on a path to retest earlier consolidation levels. Related Reading: Ethereum Faces Stress As Israel-Iran Conflict Shakes Sentiment – ETH/BTC Support In Focus On the upside, bulls must reclaim the $2,650–$2,770 resistance zone and establish a higher low to revive bullish momentum. Failing to do so will likely keep Ethereum range-bound or push it lower amid ongoing macroeconomic and geopolitical uncertainty. Featured image from Dall-E, chart from TradingView

Ethereum is trading at a critical level as tensions in the Middle East escalate following fresh conflict between Israel and Iran. Despite the rising global uncertainty, ETH continues to show resilience, holding firmly above the $2,500 support zone. Bulls remain in control for now, but selling pressure is building as bears attempt to push the price below the current range. Market sentiment is cautiously optimistic, with investors closely watching for any sign of breakdown or breakout. Related Reading: Solana Approaches Critical Support Amid Middle East Conflicts – Can Demand Hold? Top analyst Rekt Capital recently shared a technical analysis highlighting Ethereum’s ability to maintain $2,500 as a support level despite the recent dip. Historically, this price level has acted as a strong foundation for rallies to $4,000, including significant moves in August 2021 and early 2024. If ETH can continue defending this zone, it may signal that bulls are ready to build momentum toward a new leg up, possibly triggering broader altcoin strength. However, with rising geopolitical risks and increased volatility across risk assets, Ethereum faces a true test of strength. If this level holds, it may mark the start of Ethereum’s next significant move. Will history repeat itself, or are further corrections ahead? Ethereum Faces Pressure But Holds Critical Support Zone Ethereum has dropped over 14% since Wednesday, sparking widespread fear and uncertainty among traders and long-term holders alike. Just days ago, sentiment was overwhelmingly bullish, with many investors expecting ETH to break above the $3,000 level and confirm a broader altcoin rally. However, geopolitical instability has disrupted market momentum. On Thursday, news of Israel’s attacks on Iran and subsequent retaliations sent shockwaves across global markets, triggering a sharp risk-off reaction and a spike in volatility across crypto assets. Despite the intense selling pressure, Ethereum is showing resilience. Rekt Capital shared a technical breakdown pointing out that ETH continues to hold the $2,500 level as key support. This isn’t the first time ETH has used $2,500 as a launchpad—historical patterns from August 2021 and early 2024 show that maintaining this level has led to rallies toward $4,000. According to Rekt, Ethereum must continue demonstrating stability around this zone to avoid a deeper retrace and keep bullish momentum alive. For the past five weeks, ETH has successfully defended the $2,500 region, forming a solid base of support despite repeated tests. Whether Ethereum can hold this ground once again will likely define the direction for altcoins and set the tone for the broader crypto market in the weeks ahead. Related Reading: Ethereum Faces Stress As Israel-Iran Conflict Shakes Sentiment – ETH/BTC Support In Focus ETH Holds Support After Rejection At Range Highs Ethereum is trading at $2,556 following a sharp rejection from the $2,830 level earlier this week. As seen on the daily chart, ETH remains locked within a multi-week range between roughly $2,500 and $2,830. Despite the recent volatility driven by geopolitical tensions, Ethereum has managed to hold above the 50-day and 100-day moving averages, both of which are currently sloping upward — a positive sign for momentum. The red 200-day moving average, located around $2,642, has acted as a firm resistance barrier. ETH briefly broke above this level but failed to close above it with strength, leading to a retracement. Volume has spiked during these recent sessions, reflecting growing interest and emotional price reactions amid the Israel-Iran conflict. Related Reading: Ethereum Repeats History – Key Support Holds Again Ahead Of Potential Rally A key area to watch is the $2,500–$2,520 support zone. This range has acted as a floor multiple times and could serve as a launchpad if bulls regain control. Conversely, a clean break below $2,500 could shift sentiment bearish and open a path toward $2,300. Featured image from Dall-E, chart from TradingView

Ethereum faced intense selling pressure earlier today as geopolitical tensions flared following Israel’s attack on Iran, shaking global markets and triggering risk-off behavior across crypto. The sudden spike in volatility pushed Ethereum away from its recent highs, as it retraced after failing to break above the critical $3,000 resistance level. This marks a pivotal moment for ETH, which had shown strong momentum in recent sessions before being hit by the broader market downturn. Related Reading: Ethereum Repeats History – Key Support Holds Again Ahead Of Potential Rally Despite the sharp correction, top analyst Quinten Francois remains optimistic. He pointed to the ETH/BTC pair, which continues to look strong relative to other assets. According to Francois, this pair is currently testing the support line of an ascending triangle—a pattern that often precedes a breakout to the upside if support holds. With Bitcoin holding near its range highs, Ethereum’s performance against BTC could serve as a leading indicator for the broader altcoin market. Now, Ethereum stands at a crossroads. A bounce from current levels could renew bullish momentum and re-establish the $2,800–$3,000 range as the launchpad for higher prices. But failure to hold support may trigger another wave of downside pressure. All eyes are on ETH/BTC as markets brace for what comes next. Ethereum Holds Key Level Against BTC Ethereum has been leading the crypto market with impressive strength since April, posting a remarkable surge of over 100% from its lows near $1,400. This steep recovery highlights Ethereum’s growing momentum, positioning it as a potential frontrunner in triggering the next altseason. The asset’s consistent performance above key support levels and its resilience during market dips have renewed bullish sentiment, with traders increasingly focusing on ETH as the key asset to watch. Many analysts believe Ethereum could be the spark that reignites capital rotation into altcoins. Its breakout from a month-long range, combined with increasing DeFi activity and improving on-chain metrics, has added to the bullish case. However, caution remains. Ongoing geopolitical tensions—particularly the recent escalation between Israel and Iran—are injecting volatility into global markets, including crypto. These developments have disrupted otherwise promising technical setups across the board, leading to uncertainty and risk-off sentiment. Quinten Francois commented on the current climate, noting that “some charts don’t look good, others are holding on by a thread.” However, he singled out the ETH/BTC pair as a relative strength signal, stating that it “still looks good.” This pair is currently testing the support line of an ascending triangle—a structure that, if defended, could pave the way for a continuation of ETH’s dominance over Bitcoin. In this environment, Ethereum’s performance—especially relative to BTC—could determine the broader market’s next phase. If ETH/BTC holds and breaks higher, the door opens for a full altseason run. But a failure to hold could reinforce caution and signal a pause across the crypto market. For now, Ethereum remains the most important chart to watch. Related Reading: Ethereum Tests Previous Resistance As Support – Can Bulls Defend This Level? ETH Faces Sharp Rejection After Tagging Range Highs Ethereum is facing a crucial technical test after a strong rejection near the $2,830 resistance level. The chart shows ETH failing to hold above the highlighted supply zone between $2,700 and $2,830, where sellers stepped in aggressively. This resulted in a sharp breakdown that sliced through the 50, 100, and 200 simple moving averages (SMAs) on the 4-hour timeframe, now positioning ETH around $2,512. What’s more concerning is the spike in volume during the breakdown. This confirms the strength behind the move, signaling panic among bulls and potential distribution by short-term holders. ETH is now holding just above a previous support zone from early June, but the current setup suggests uncertainty and risk of further downside. Related Reading: Ethereum Price Tests Ascending Channel Resistance – Breakout Or Breakdown? Unless Ethereum can reclaim the $2,600–$2,620 area soon, the next likely target could be the $2,400 level, where the next strong demand cluster sits. However, if bulls defend current prices and manage a quick recovery back above the SMAs, this recent move could be interpreted as a liquidity sweep before continuation. Featured image from Dall-E, chart from TradingView

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 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

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 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 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

Ethereum has faced a sharp pullback, dropping over 10% in the last 24 hours as global tensions and macroeconomic uncertainty shake investor confidence across markets. The retrace comes amid rising US bond yields and escalating trade conflict rhetoric between major global powers, particularly the United States and China. While Bitcoin holds strong above key support levels, altcoins—including Ethereum—are under pressure, prompting caution among short-term traders. Related Reading: Bitcoin Sees Largest Net Taker Volume Drop Of 2025 – Traders React To Trump-Elon Clash However, some analysts believe this dip could present an opportunity rather than a threat. Top analyst Ted Pillows shared technical insights suggesting that Ethereum is holding range support well, even after the sharp decline. According to Pillows, ETH’s ability to stay above critical support zones is a positive sign, with a potential breakout toward higher levels if it manages to reclaim momentum within the range. The coming weeks will likely be decisive for Ethereum and the broader altcoin market. If market volatility calms and Bitcoin continues to consolidate above $100K, Ethereum could lead the next leg up, opening the door for a strong altseason. For now, traders are closely watching how ETH behaves around its current support to determine whether a deeper correction or a bullish reversal is in play. Ethereum Holds Range Support Amid Market Volatility Ethereum is showing resilience despite heightened macro uncertainty and political tensions between Elon Musk and US President Donald Trump. Following a sharp pullback, ETH has managed to defend key support levels, with bulls stepping in near the $2,400 zone. This recovery comes at a time when the crypto market is on edge, reacting to broader financial market volatility and shifting sentiment across global assets. ETH remains approximately 48% below its all-time high, leaving substantial upside potential if momentum continues to build. The coming weeks will be decisive, especially as Bitcoin consolidates above $100,000 and traders look to Ethereum and altcoins for the next leg higher. Despite global headwinds, including inflation and escalating trade tensions, Ethereum is maintaining strength within its current range. Pillows emphasized in a recent analysis that Ethereum is holding range support nicely after the dump. According to his view, reclaiming this range is a key signal that bulls remain in control. If ETH can break through near-term resistance levels and reclaim the $2,600 mark, it opens the door for a push toward $3,000 — a psychological and technical milestone. Related Reading: Ethereum Stabilizes After Market Drop – Key MA Reclaim Could Trigger A June Rally ETH Rebounds As Consolidation Continues Ethereum (ETH) is currently trading around $2,466, holding just above the 34-day EMA at $2,422 after a volatile week. As seen on the daily chart, ETH remains inside a consolidation range between $2,400 and $2,700. Despite recent pressure across altcoins, ETH has managed to avoid a breakdown and is attempting to stabilize above the 50-day and 100-day moving averages. The chart shows that ETH’s recent pullback stopped just before the 100-day SMA (~$2,068), a level that has acted as a strong dynamic support in past cycles. Holding this structure is critical for the bullish outlook to remain intact. If bulls can push the price back above the 200-day SMA at $2,666, Ethereum could attempt a breakout above $2,700 — a move that would likely open the door to $3,000 and signal renewed strength in the broader altcoin market. Related Reading: Solana Horizontal Support Under Pressure – Bearish Target At $142 Volume has remained moderate, suggesting traders are waiting for confirmation before entering new positions. As long as ETH holds above the $2,400–$2,450 region, the bullish thesis remains valid. A daily close below $2,400, however, could expose the asset to a deeper correction toward the $2,200 zone, where the 100-day EMA provides additional technical support. Featured image from Dall-E, chart from TradingView

Ethereum has experienced a sharp pullback, retracing over 10% since yesterday as the broader crypto market faced a wave of volatility. Despite the decline, bulls are showing resilience. ETH failed to break below the critical $2,300 mark and is now holding firm above $2,400, a sign that demand remains strong at current levels. Investors are watching closely as Ethereum consolidates and attempts to recover lost ground. Related Reading: Solana Horizontal Support Under Pressure – Bearish Target At $142 Top analyst M-Log1 shared a technical update indicating that ETH is currently sitting around the 200-period moving average on the 4-hour chart. This level often acts as a major trend indicator, and reclaiming it could spark renewed bullish momentum. According to M-Log1, Ethereum’s price action suggests a potential recovery toward the $2,600 zone, especially if bulls manage to push above the 50 and 100 MAs. This renewed interest in ETH comes at a pivotal moment for altcoins. Many market participants are now evaluating whether this consolidation phase marks the beginning of a larger move for Ethereum and related assets. For now, all eyes remain on key technical levels as the market awaits confirmation of direction. Ethereum Eyes Recovery After Market Shake-Up Ethereum is showing signs of strength amid heightened market volatility sparked by rising tensions between Elon Musk and US President Donald Trump. The sharp war of words between the two high-profile figures triggered a wave of uncertainty in financial markets, prompting swift reactions across the cryptocurrency sector. While Bitcoin remains stable above the $100K level, altcoins have experienced significant pullbacks—ETH included. However, the coming weeks are shaping up to be decisive, with many investors closely watching for signs of recovery. ETH has retraced over 10% in recent sessions but is now bouncing from the lows. Bulls appear confident as Ethereum holds above the $2,400 level and attempts to reclaim key moving averages on the 4-hour chart. According to M-Log1, ETH currently sits near the 200MA, a crucial technical level that often signals trend reversals. He notes that Ethereum is bouncing exactly as expected following last week’s broader altcoin correction. M-Log1’s analysis points to the $2,600 level as the next target. A successful push toward that zone, along with reclaiming the 50 and 100 moving averages, could set the stage for a strong rally throughout June. If ETH manages to build momentum and maintain support, the altcoin market could experience renewed bullish energy. Despite ongoing macroeconomic uncertainty and political risk, Ethereum’s resilience is notable. With technical support holding and confidence slowly returning, the setup remains constructive, assuming bulls continue to defend key levels. As the market digests recent events, ETH’s price action over the next few days will offer critical insight into whether a new altseason can take off or whether further downside is still in play. Related Reading: Ethereum Mirrors Bitcoin 2020 Breakout Setup – Historic Run Incoming? ETH Weekly Chart: Key Levels Hold Ethereum is currently trading around $2,475 on the weekly chart, showing signs of hesitation as it faces strong resistance near the 200-week simple moving average (SMA) at $2,450. Although ETH managed to surge above this level briefly, the candle is showing rejection near the $2,680 area, which coincides with both historical resistance and the upper end of the 34-week EMA ($2,499). This confluence of resistance levels is proving to be a critical zone for bulls to reclaim. Despite the recent bounce from April lows, ETH is still struggling to gain bullish momentum on the higher timeframes. The last few candles reflect indecision, with long wicks and narrowing body size, suggesting that while buyers are defending downside levels, sellers remain active near resistance. If ETH fails to close the week above the 200-week SMA, a pullback toward the $2,300–$2,250 range is likely, which aligns with the 50-week and 100-week moving averages. Related Reading: Ethereum Consolidates Against BTC – Altseason Hopes Hinge On ETH/BTC Breakout On the upside, a strong weekly close above $2,700 would be a major breakout signal, potentially triggering a broader altseason. For now, Ethereum’s weekly structure remains neutral-to-bullish, with consolidation above the 200-week SMA acting as a key battleground for trend confirmation. Featured image from Dall-E, chart from TradingView

Ethereum is trading at critical levels after breaking past the $2,500 mark earlier this quarter, now attempting to reclaim momentum and push into higher resistance. Despite global macroeconomic pressures—including rising US Treasury yields and persistent trade tensions between the US and China—ETH continues to show resilience. Market analysts believe that Ethereum could be leading the charge into a long-anticipated altseason, provided it holds key levels and breaks above current supply. Related Reading: Solana Analyst Sets $300 Target – Can Bulls Sustain A Rally? Top analyst Ted Pillows recently pointed to a compelling technical pattern: Ethereum has now posted four consecutive two-week green candles, a formation that mirrors Bitcoin’s price structure in early 2020 following the March crash. That period marked the beginning of Bitcoin’s legendary bull run to $69,000. According to Pillows, the similarities between BTC in 2020 and ETH in 2025 are “just mind blowing,” sparking renewed interest from traders who see Ethereum’s current consolidation as a bullish continuation. With investor sentiment slowly recovering and technicals turning favorable, the market is watching ETH closely. If history is any guide, this consolidation could mark the calm before Ethereum’s next major leg higher. However, macro risks still linger, and timing will be critical. Ethereum Resilience Sparks Hopes Of 2020-Like Rally Ethereum is holding strong above the $2,600 level, showing resilience amid global macro uncertainty and volatile market conditions. This consolidation around key support has many investors and analysts anticipating a breakout that could lead Ethereum into a new rally phase, potentially triggering a broader altseason. Despite growing concerns around systemic risk in the bond market and geopolitical tensions between the US and China, Ethereum continues to attract buyers, signaling confidence in its long-term strength. Analysts are watching this range closely. Many believe that if Ethereum can maintain support and break above near-term resistance, it could gain serious momentum. One of the more compelling arguments for a bullish outlook comes from Ted Pillows, who highlights a striking similarity between Ethereum’s current structure and Bitcoin’s behavior in 2020. According to Pillows, Ethereum has now printed four consecutive two-week green candles since bottoming, just as Bitcoin did after the March 2020 crash. That pattern marked the start of BTC’s legendary run to $69,000. The comparison has sparked optimism that ETH may be preparing for a similar breakout, especially if it clears resistance near $2,700–$2,800. While the macro environment remains tense, this technical structure—paired with rising confidence in ETH’s strength—keeps bulls hopeful that a major move is on the horizon. Related Reading: Ethereum Consolidates Against BTC – Altseason Hopes Hinge On ETH/BTC Breakout ETH Price Analysis: Consolidation Above Support Ethereum (ETH) is holding steady around $2,607, consolidating just above the 34-period EMA on the 4-hour chart, which currently sits near $2,594. After the strong surge in early May that saw ETH rally from under $2,000 to highs near $2,850, the price has moved into a tight consolidation range. This sideways action reflects market indecision as buyers and sellers battle for control. Despite the recent volatility, ETH has continued to post higher lows, indicating ongoing bullish pressure. The 50, 100, and 200-period SMAs are aligned below the current price, all trending upward, signaling that the broader trend remains intact. The price is finding consistent support from the 50-period SMA around the $2,590–$2,600 zone, which is a key level to watch. Related Reading: Ethereum Daily Chart Signals Strength Amid Market Uncertainty – Analyst A decisive break above the short-term resistance near $2,680 would be needed to confirm continuation toward $2,800 and potentially retest previous highs. On the downside, a break below $2,590 could trigger a pullback toward $2,500 or lower, especially if BTC shows weakness. Featured image from Dall-E, chart from TradingView

Ethereum is showing impressive resilience as it continues to hold above critical levels despite ongoing market volatility. While Bitcoin struggles to break past its all-time highs, ETH remains stable, maintaining bullish structure and fueling hopes for a broader altcoin rally. Analysts across the market are eyeing a potential altseason, with Ethereum expected to lead the charge once it clears major supply zones. Related Reading: Ethereum Daily Chart Signals Strength Amid Market Uncertainty – Analyst However, the spotlight is shifting to a less discussed but highly significant chart—ETHBTC. According to top analyst Daan, the ETHBTC pair has been consolidating in a tight range between 0.022 and 0.026 since the last squeeze. This consolidation suggests a period of accumulation and reduced volatility, but it also acts as a crucial signal for altcoin momentum. If ETHBTC breaks above the 0.026 resistance level, Daan suggests it could trigger a temporary but powerful rally in ALT/BTC pairs. Sectors closely tied to Ethereum—such as DeFi protocols, ETH-based memecoins, and Layer 2 ecosystems—could benefit most from such a move. Until then, investors are closely monitoring ETH’s performance relative to BTC, as it remains one of the most reliable indicators of capital rotation within the crypto market. ETHBTC Chart Becomes Key to Altseason Outlook Ethereum is currently trading at a pivotal range, with investors closely watching for a breakout that could lead to new highs and potentially ignite the long-anticipated altseason. Despite global tensions and continued macroeconomic uncertainty—particularly surrounding the aggressive and unstable Bond market—ETH has remained relatively strong. Bulls are optimistic, viewing the current consolidation as a healthy pause before the next leg up. One of the most important signals for altcoin momentum is not found on the USD chart, but in the ETHBTC pair. Daan points out that Ethereum’s price relative to Bitcoin has been consolidating between the 0.022 and 0.026 BTC range since the recent squeeze. This range now acts as a pressure point for the market. A breakout above 0.026 would likely catalyze a surge in altcoin strength, especially among Ethereum-related assets like DeFi protocols, ETH-based memecoins, and Layer 2 solutions. However, Daan warns that if ETHBTC drops below 0.0224, it could signal weakness for alts relative to BTC. It’s important to remember that ALT/BTC pairs can fall even if altcoin USD prices rise, particularly during aggressive BTC rallies. The same applies in reverse. For now, ETH’s position in this range remains one of the most telling signs of where the broader crypto market might head next. Related Reading: Ethereum Reclaims Pivotal Level – Key Resistance Around $2,650 Ethereum Faces Resistance As Bulls Attempt Breakout Ethereum (ETH) is currently trading around $2,640, showing signs of strength after holding its ground above the $2,500 mark. On the daily chart, ETH is forming a clear consolidation pattern just below a key resistance zone defined by the 200-day moving average (currently at $2,676). This level has repeatedly capped price action over the past few weeks, signaling strong supply pressure in this area. Despite the lack of a decisive breakout, Ethereum is maintaining a bullish structure with higher lows and consistent volume support. The 34-day EMA has turned upward and currently sits at $2,418, providing dynamic support and reinforcing the short-term uptrend. If ETH can reclaim the 200-day SMA and push above $2,700, a broader rally could follow, potentially opening the path toward $3,000 and beyond. Related Reading: Solana Reclaims Key Support After Sweeping Lows – Early Signs Of Reversal? On the downside, if price fails to break this resistance and sellers take control, immediate support lies near $2,500, followed by stronger demand around $2,350–$2,400 where the 50- and 100-day SMAs converge. For now, Ethereum remains in a balanced state, showing resilience, but still needs a strong catalyst to overcome the technical ceiling that continues to stall upward momentum. Featured image from Dall-E, chart from TradingView

Ethereum continues to demonstrate strength, holding firm above key support levels and outperforming much of the crypto market despite growing macroeconomic uncertainty. Since its April lows, ETH has more than doubled in value, gaining over 100%, and shows no signs of slowing down. While many assets have faced heavy selling pressure amid volatility in global markets, Ethereum remains resilient, showing consistent buying interest and maintaining its upward trajectory. Related Reading: Ethereum Poised For A 5-Figure Breakout – Volatility Is Shaking ‘Weak Hands’ Top analyst Carl Runefelt shared a bullish perspective, noting that Ethereum price stays strong on the daily timeframe. According to Runefelt, if Bitcoin starts moving sideways, Ethereum could seize the opportunity to break out of its current consolidation triangle and lead the next phase of the market rally. His analysis highlights the unique positioning ETH holds at the moment—not only as the second-largest cryptocurrency but also as a potential driver of the next altseason. With ETH holding above $2,600 and approaching key resistance zones, market participants are watching closely. A decisive breakout could ignite widespread momentum across altcoins and mark the beginning of a new phase in the current bull cycle. Ethereum’s performance continues to solidify its role as the foundation of the broader digital asset space. Ethereum At A Pivotal Range: Bulls Eye Breakout Ethereum is currently trading within a tight consolidation range that many investors view as the staging ground for its next major move. After a significant rally that saw ETH gain over 100% since April, the asset is now testing key resistance levels, particularly around $2,650–$2,700. Despite recent macroeconomic tensions, including rising US Treasury yields and persistent geopolitical risks, Ethereum continues to show strength, with bulls holding the line above critical support. Runefelt recently emphasized that Ethereum “refuses to dump on the daily timeframe,” a signal of underlying bullish resilience. His analysis suggests that if Bitcoin begins to move sideways, Ethereum could break out of its consolidation triangle to the upside, potentially sparking the beginning of a long-awaited altseason. From a technical perspective, the consolidation appears constructive. The price has formed higher lows since April and remains above all major moving averages on key timeframes. The $2,300 level is emerging as a strong base, while the bullish target sits at $3,100 if resistance is cleared. Related Reading: Ethereum Supply On Exchanges Hits 7-Year Low – Breakout Loading? Runefelt’s bullish and bearish scenarios—$3,100 on the upside and $2,300 on the downside—underline the importance of the current range. As trading volume compresses and volatility brews, Ethereum looks ready for a decisive move. Should the breakout occur, it could not only lead ETH to new cycle highs but also ignite broader confidence across the altcoin market. ETH Price Analysis – Daily Chart Overview Ethereum (ETH) is currently trading at $2,616, hovering just below the 200-day simple moving average (SMA), which sits around $2,679. This level has acted as a consistent resistance zone over the past few weeks, with ETH failing to close decisively above it. Despite several intraday moves above $2,650, the price has yet to confirm a breakout. Looking at the broader structure, ETH remains in a consolidation range between $2,480 and $2,700 after posting an impressive rally from its April lows near $1,800. The 34-day EMA ($2,406) and the cluster of shorter-term SMAs are trending upwards, indicating that medium-term momentum still favors the bulls. Related Reading: Ethereum Pulls Back 10% But Holds Monthly Gains – Is The Next Pump Loading? Volume has been relatively stable but unremarkable, suggesting a lack of strong conviction from either side. A clean daily close above $2,700 could confirm a breakout and potentially open the door for a move toward $3,000. On the downside, if ETH fails to hold the $2,480 support zone, we could see a pullback to retest the 100-day SMA near $2,065. Featured image from Dall-E, chart from TradingView

Ethereum pushed above the $2,600 mark yesterday, signaling renewed momentum, but the rally lost steam as broader market uncertainty capped further gains. Despite this, ETH remains resilient, holding above critical demand levels that have supported its recent uptrend. Investors and analysts alike are watching closely, as Ethereum’s strength could be the catalyst that kicks off the long-anticipated altseason. Related Reading: Ethereum Supply On Exchanges Hits 7-Year Low – Breakout Loading? The broader crypto market remains in a cautious state due to macroeconomic volatility and shifting investor sentiment, but Ethereum’s ability to stay above $2,500 has helped maintain bullish conviction. Many are now eyeing the $2,650 level, which has historically acted as a barrier for upward moves. Top analyst Daan shared a technical analysis noting that ETH is currently pushing into a key resistance area around $2,650. If Ethereum can flip this zone into support, it could open the door for a more aggressive breakout and broader altcoin rally. While risks remain, the overall setup is increasingly favorable for Ethereum bulls, especially if Bitcoin stabilizes and global conditions don’t deteriorate further. The coming days may be pivotal in determining whether ETH can overcome this resistance and lead the next phase of the market cycle. Ethereum Faces Make-Or-Break Level As Speculation Builds Ethereum is once again trading at a pivotal level as the market eyes a potential breakout that could ignite an altseason. After months of underperformance marked by heavy selling pressure and limited upside, ETH has begun to show renewed strength. Bulls have defended key demand zones, and the recent consolidation around the $2,500–$2,600 range is now viewed as a launchpad for higher prices. Despite persistent global tensions, particularly US-China trade friction and rising Treasury yields, ETH has shown signs of resilience. Investors remain optimistic that Ethereum could soon outperform, especially as Bitcoin dominance shows signs of peaking. The long-anticipated shift in capital from BTC into altcoins may be near, and Ethereum is positioned to lead the charge. Daan highlighted Ethereum’s 4-hour chart, pointing to resistance around the $2,650 level as a crucial short-term hurdle. The chart reveals ETH grinding higher but unable, so far, to reclaim the level decisively. Should Ethereum successfully flip $2,650 into support, it would open the path toward $2,700 and potentially spark a bullish continuation. For now, bulls remain in control, but Ethereum needs to break through overhead supply to confirm the start of a new leg up. A decisive move above $2,700 could serve as the catalyst for both ETH and the broader altcoin market, marking a major sentiment shift across the crypto landscape. Related Reading: Ethereum Poised For A 5-Figure Breakout – Volatility Is Shaking ‘Weak Hands’ ETH Price Analysis: Rebound Gains Traction Ethereum is currently trading at $2,604 on the 4-hour chart after rebounding from a local low near $2,500. This recovery places ETH back above its 34-period EMA ($2,566) and all major short-term SMAs (50, 100, and 200), which suggests short-term bullish momentum is returning. However, price is still facing heavy supply just below the $2,650 resistance area, a level that has repeatedly rejected upward moves throughout the past month. The chart shows a clear horizontal range forming between approximately $2,500 and $2,700, with ETH unable to break either end decisively. Volume has remained relatively stable, indicating no strong conviction from bulls or bears yet. The recent bounce, though, marks a higher low, which could hint at a potential trend shift if followed by a higher high. Related Reading: Solana Reclaims Key Support After Sweeping Lows – Early Signs Of Reversal? As ETH approaches the upper bound of this range again, traders should monitor for a breakout above $2,650, which would confirm bullish continuation. Failing to clear this resistance could lead to another rejection back to $2,500 or the 200 SMA near $2,380. For now, Ethereum remains in consolidation mode, but price action is tilting slightly in favor of the bulls as long as support holds. Featured image from Dall-E, chart from TradingView

Ethereum has been one of the top-performing crypto assets since early April, rallying more than 100% from its cycle lows near $1,600 to a recent high above $2,700. This sharp recovery positioned ETH as a leader in the broader market’s bullish trend, even sparking renewed discussions around a potential altseason. Related Reading: Ethereum Bulls Defend Support – Key Indicator Hints At Short-Term Rally However, momentum now appears to be fading. Over the past week, ETH has struggled to break above key resistance levels, and selling pressure is beginning to mount as global macroeconomic conditions grow increasingly uncertain. Despite these headwinds, one key on-chain signal suggests long-term confidence remains strong: data from Glassnode reveals that Ethereum’s supply on centralized exchanges has dropped to its lowest level in seven years. This trend, typically interpreted as a sign of reduced selling pressure, indicates that investors may be increasingly moving ETH to self-custody wallets, possibly in anticipation of further upside. As ETH flirts with critical support levels, this deep reduction in exchange supply could act as a stabilizing force, reinforcing the asset’s long-term bullish case amid short-term uncertainty. Ethereum Faces Key Breakout Test As Supply On Exchanges Plunges Ethereum is currently trading at a critical juncture, consolidating around the $2,500 mark after a strong rally that began in early April. Many investors believe this consolidation phase could be the calm before a breakout, potentially pushing ETH into new highs and setting the stage for a broader altseason. The recent pullback has been orderly so far, with price action respecting major support zones, and market participants remain cautiously optimistic. Despite persistent global tensions—including rising US Treasury yields and continued trade uncertainty between the US and China—Ethereum’s fundamentals appear to be strengthening. One of the most bullish signals comes from top analyst Quinten Francois, who highlighted on-chain data showing that Ethereum’s supply on centralized exchanges has now fallen to its lowest level in seven years. This development is critical because it signals a deep reduction in potential sell-side pressure. When fewer coins are available on exchanges, it typically indicates that investors are moving their holdings to long-term cold storage rather than preparing to sell. In the past, such shifts have often preceded major price surges. If demand increases while supply remains limited, the market could face a supply shock, fueling a rapid move to the upside. This setup has led analysts and traders to watch Ethereum closely, as it continues to form a base just below key resistance around $2,700. A confirmed breakout above this level, paired with the shrinking supply on exchanges, could trigger aggressive buying and potentially kick off a new phase of bullish momentum. With confidence building and long-term fundamentals improving, Ethereum’s current consolidation might just be the final pause before a major leg higher. Related Reading: Solana Reclaims Key Support After Sweeping Lows – Early Signs Of Reversal? ETH Holds Crucial Support Amid Market Pullback Ethereum (ETH) is currently trading around $2,484, showing signs of consolidation after several attempts to break through the $2,700 resistance zone. On the 4-hour chart, price action reveals a gradual decline from recent highs, with lower highs forming and ETH slipping below the 34 EMA ($2,557). This breakdown below the short-term moving averages suggests weakening momentum, while the price now hovers just above the 100 SMA ($2,559), a level that has acted as dynamic support in previous retracements. Volume has also decreased slightly during this pullback, indicating that the recent selling may lack strong conviction. However, if ETH fails to reclaim $2,550 in the next few sessions, bearish momentum could accelerate toward the 200 SMA at approximately $2,358. Related Reading: Solana Flashes Buy Signal – $159 Support Key For Rebound On the bullish side, this consolidation above $2,450 continues to show resilience, especially given the macroeconomic backdrop and market-wide volatility. If Ethereum can hold this range and reclaim the 34 EMA with strong volume, it could stage a rebound and retest the $2,650–$2,700 zone, a critical level for a breakout. Featured image from Dall-E, chart from TradingView

Ethereum is trading just below the $2,500 mark, struggling to reclaim higher ground as bearish momentum picks up across the broader crypto market. After repeated failed attempts to break past resistance, ETH now sits under heavy selling pressure, raising concerns about a deeper correction. Bulls appear to be losing control as overall market sentiment weakens amid global economic uncertainty and the persistent weight of rising US Treasury yields. Some market participants are now bracing for a significant downturn if Ethereum fails to hold above key demand zones. Related Reading: Solana Reclaims Key Support After Sweeping Lows – Early Signs Of Reversal? However, not everyone is turning bearish. Some prominent analysts maintain a highly bullish long-term view, arguing that Ethereum still has significant upside this cycle. According to Ted Pillows, Ethereum could reach $10,000 before the cycle ends. From his perspective, current price action represents a temporary dip rather than a trend reversal, and accumulating during weakness is the smarter move for long-term investors. While short-term uncertainty dominates headlines, long-term conviction remains strong among Ethereum supporters who point to rising institutional interest, declining exchange supply, and the overall maturing of the Ethereum ecosystem as reasons to stay optimistic. For now, ETH’s position just under $2,500 sets the stage for a critical test in the days ahead. Ethereum Analysts Eye Breakout Potential Ethereum is currently testing a crucial support level at $2,500 after repeatedly reaching the $2,700 resistance over the past few weeks. This zone has proven difficult to break, but bulls are still holding the line. If ETH manages to reclaim the upper range and close above it, analysts believe it could ignite the altseason the market has been waiting for. Despite Ethereum’s underperformance over the past year, marked by a lack of sustained momentum and significant selling pressure, the recent price action suggests a shift. Over the past few weeks, ETH has entered a more bullish phase, supported by increasing on-chain activity and stronger demand. Some analysts remain firmly bullish. Ted Pillows, for example, has projected that Ethereum is headed above $10,000 this cycle. While short-term volatility may cause concern, long-term conviction remains strong. For many investors, the message is clear: embrace the dips, accumulate strategically, and avoid panic selling. Technical sentiment across the board is turning cautiously optimistic. Market watchers point to Ethereum’s resilience at the $2,500 level as a sign of building strength. If this support holds and bulls step in with volume, the breakout above $2,700 could be swift and aggressive. Related Reading: Ethereum Pulls Back 10% But Holds Monthly Gains – Is The Next Pump Loading? ETH Tests Key Support As Bulls Defend $2,500 Ethereum is currently trading around $2,488 after a 2% daily drop, showing continued weakness below the crucial $2,700 resistance zone. The chart highlights a clear consolidation range forming since early May, with ETH repeatedly failing to close above the 200-day SMA, currently around $2,680. This long-term moving average is acting as a significant barrier, preventing any breakout momentum from gaining traction. Support remains at the lower boundary of the range near $2,470–$2,500, where buyers have consistently stepped in to absorb selling pressure. This area coincides with the 34-day EMA at $2,386 and the 100-day SMA just below current levels, forming a dense cluster of technical support. However, volume has been declining, suggesting that neither bulls nor bears have clear control. If Ethereum loses the $2,470 level decisively, the next key area to watch lies near $2,300, where the 50-day SMA could act as a cushion. Related Reading: Solana Flashes Buy Signal – $159 Support Key For Rebound Conversely, reclaiming $2,700 with strength could signal the beginning of a larger move to the upside. Until then, ETH remains stuck in a range, and traders will be watching closely for a decisive break—up or down to define Ethereum’s next major trend. Featured image from Dall-E, chart from TradingView

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 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

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 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 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

Ethereum is gaining momentum as optimism returns to the crypto market. With Bitcoin officially entering price discovery and surging past its all-time highs, attention is turning toward ETH, which is now testing critical resistance levels. Ethereum has gained over 55% since early May, riding the wave of broader market strength and renewed investor confidence. However, despite the impressive recovery, ETH still lags behind Bitcoin’s pace and has yet to reclaim its 2021 highs. Related Reading: Litecoin Eyes $117.50 As Price Rebounds From Key Support – Analyst Top analyst Daan shared a technical view highlighting that Ethereum has been chopping around the $2,400–$2,600 zone since its explosive move earlier this month. This range-bound price action signals indecision, as buyers remain active but haven’t yet triggered a breakout. Daan notes that although Bitcoin is showing strong leadership with its push into new highs, Ethereum’s performance in this phase has been more muted. Still, the setup remains constructive for bulls. The $2,400 level has acted as solid support, while resistance above $2,800 remains the next target to clear for continuation. As Bitcoin continues to lead, ETH could be next in line to surge—if it can escape this range and follow BTC’s lead into a new leg higher. All eyes are now on Ethereum’s next move. Ethereum Prepares For A Breakout As Altcoins Enter The Spotlight As Bitcoin surged to a new all-time high above $111K, the broader crypto market appears to be entering a fresh phase of momentum, one that could drive massive gains across altcoins. Among them, Ethereum remains in a critical position. While ETH hasn’t followed BTC’s breakout just yet, it’s holding firmly above support and showing signs of building strength. To confirm a bullish continuation, ETH needs to break decisively above resistance and lead the altcoin rally. Daan shared a technical view highlighting that ETH has been consolidating between the $2,400 and $2,600 levels since its last squeeze higher. Despite Bitcoin’s explosive move, Ethereum is once again lagging, a dynamic that’s been reflected in a cooling ETH/BTC ratio. This underperformance has sparked debate among traders, with many waiting for ETH to catch up and drive the next altseason. Daan emphasized that the $2,500 zone has been well-defended by bulls, but ETH has yet to produce a convincing breakout. The key resistance level to watch is $2,850—clearing it would mark a technical shift toward higher highs. On the flip side, if ETH falls below $2,100, it could trigger a broader pullback. For now, ETH remains range-bound but poised, with market sentiment growing more optimistic by the day. Related Reading: Solana Multi-Year Uptrend Holds Strong – Analyst Sees SOL Breaking ATH This Year ETH Tests Critical Price Levels Ethereum is showing signs of renewed strength on the 4-hour chart, trading around $2,668 at the time of writing. After weeks of consolidation in the $2,400–$2,600 range, ETH has pushed toward the upper boundary of this zone, hinting at a possible breakout. The recent bounce from support around $2,450 has been strong, with consecutive green candles and rising volume signaling increasing bullish momentum. The 200-period SMA and EMA, currently at $2,077 and $2,1,99 respectively, are well below the current price, confirming a bullish market structure. ETH has held above both moving averages since early May, and the current price action appears to be building up pressure for a decisive move. Related Reading: Dogecoin Momentum Fades – Analyst Expects $0.213 Retest However, ETH must now break above $2,700 convincingly to confirm a breakout and signal a continuation toward higher resistance at $2,850 and beyond. This level has been tested multiple times, but sellers continue to defend it. A breakout could trigger a rapid move to $3,000, while failure to hold current levels could drag ETH back toward its previous support. Featured image from Dall-E, chart from TradingView