Ethereum is again looking bullish following its gains of over 17% in the last seven days and the break above $2,500. Analysts have provided a positive outlook for the second-largest crypto by market cap, predicting that its price could soon go parabolic after an extended consolidation period. Ethereum Primed To Break Out As Price Goes Parabolic In an X post, crypto analyst Mister Crypto noted that Ethereum has been consolidating for four years and that the longer the consolidation, the bigger the pump. He added that he is extremely bullish, indicating that a breakout was imminent. His accompanying chart showed that ETH could reach a new all-time high (ATH) on this breakout. Related Reading: Ethereum Price Completes Bullish Structure Break – $3,000 Comes Next Crypto analyst Skyrexio also asserted that Ethereum will go “insane” soon. In a TradingView analysis, he stated that Bitcoin’s dominance is about to finish the uptrend, which can give ETH a second life. The analyst added that the bounce is already happening, although Ethereum’s price is struggling to break through $2,600. He admitted that Ethereum could experience a small correction in the upcoming week but assured that the final uptrend has been confirmed. Analyzing ETH’s weekly chart, Skyrexio opined that the crypto is on wave 3 of the Elliott wave structure. The analyst revealed a green dot on the Bullish/Bearish Reversal Bar indicator, which he claimed is a huge confirmation of the bull run. Skyrexio stated that the target for wave 3 is the 1.61 Fibonacci at $6,500. He told market participants to consider the second scenario, when BTC dominance will reach 67% and ETH will retest the low. Whales are actively accumulating ahead of a potential price surge. Crypto analyst Ali Martinez revealed that nearly 1 million ETH have been withdrawn from exchanges in the past month. ETH Has Broken Out Of The 3-Year Downtrend In an X post, crypto analyst Mikybull Crypto revealed that Ethereum has broken out of the 3-year downtrend. He added that from now on, ETH will outperform BTC till the cycle peak. His accompanying chart showed that the altcoin could rally to $9,000 before the end of this market cycle. Related Reading: Ethereum Surge Above $2,200 Says Bear Market Is Over, Analyst Calls $5,791 ‘Easy’ Target In another post, he reiterated this target while outlining between $8,000 and $10,000 as his targets for Ethereum in this cycle. He noted that ETH is looking to pull 2017 vibes, which is another reason he is confident that the crypto can eventually rally to as high as $10,000. Crypto analyst Titan of Crypto also predicted that the Ethereum price could soon enjoy a parabolic move, rallying to as high as $4,000. At the time of writing, the Ethereum price is trading at around $2,587, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
After several days of intense buying pressure and strong bullish momentum, Ethereum has finally paused its rally, finding resistance around the $2,740 mark. The move comes after ETH effortlessly cleared key resistance levels at $2,000 and $2,200, marking one of its strongest short-term performances in months. As excitement builds across the broader crypto market, Ethereum’s next move could define the strength and sustainability of this breakout. Related Reading: $1.2B In Ethereum Withdrawn From CEXs – Strong Accumulation Signal With price now stalling, analysts believe a period of consolidation is likely—and perhaps even necessary—before the next leg higher. Top analyst Daan shared a technical view suggesting that the $2,400 level will be crucial in the coming days. He believes it makes sense to retest that local support, which would provide a healthier structure for further upside. However, Daan also notes a cautionary signal: extremely high levels of Open Interest across the ETH derivatives market. He’s currently avoiding long positions until some of that leverage is flushed out, reducing the risk of a sharper pullback. For now, Ethereum bulls must hold above $2,400 to confirm strength and keep the uptrend intact, while traders await cleaner conditions for potential reentry. Ethereum’s Surge Faces a Crucial Retest Around $2.4K Ethereum has surged more than 50% since last week, reclaiming momentum after months of heavy selling pressure. ETH is showing sustained strength for the first time since late December, fueling optimism that the broader altcoin market could be next. Many analysts are calling for an altseason, and Ethereum’s breakout is seen as a potential catalyst for a larger move across altcoins that have severely underperformed in recent years. However, after such a sharp move, a period of consolidation or correction wouldn’t be unusual—and could even be healthy. According to Daan, the $2,400 level will be a key support zone to watch. He believes it makes sense for price to test this area before further continuation. Daan currently has no interest in entering long positions until some of the billions in Open Interest are flushed from the system. How Ethereum reacts around $2.4K will likely set the tone for the next phase. If ETH sweeps $2.4K and quickly bounces, Daan expects a local range to form between $2.4K and $2.7K. However, if price loses that level decisively, the next major support lies at $2.1K. A slow bleed into that zone could signal weakness, while a quick flush might present a short-lived buying opportunity. Despite short-term risks, Daan notes that even a pullback to $2.1K would still leave ETH up roughly 20% from the prior week. In his view, the larger trading range for now is between $2.1K and $2.8K—a zone that could define Ethereum’s next major trend if bulls can hold key levels and regain momentum. For now, the rally is alive, but the next test will be critical. Related Reading: Ethereum MVRV Pricing Bands Show Key Resistance Around $3,100 Level – Details Price Consolidation Taking Place Amid Optimism Ethereum (ETH) is currently trading around $2,565, following a sharp retracement from its recent local high near $2,740. After a powerful rally that pushed ETH above both the 200-day exponential moving average (EMA) and simple moving average (SMA), the price is now consolidating just below the 200-day SMA at $2,702.93. This level has acted as resistance over the last few sessions, capping Ethereum’s attempt to continue its upward momentum. Volume has declined slightly, reflecting market indecision after last week’s breakout. If bulls can defend the 200-day EMA near $2,437 and maintain higher lows above $2,500, the structure would remain bullish. However, a failure to hold these levels could lead to a deeper pullback, with $2,400 and $2,200 as potential supports. The recent price action suggests Ethereum is forming a short-term range between $2,400 and $2,700, which could persist until a clear breakout above the 200-day SMA. Holding above $2,500 is crucial to maintaining bullish momentum, especially as the altcoin market eyes further gains. Related Reading: XRP Open Interest Surges 41% As Speculation Grows – Over $1B Added In Just One Week If ETH can push above $2,700 with strong volume, it would confirm renewed strength and open the path toward the $3,000–$3,100 resistance zone. Until then, consolidation and caution dominate the short-term outlook. Featured image from Dall-E, chart from TradingView
Ethereum is gaining momentum again after tagging the $2,739 level and setting a new local high, reaching prices not seen since late February. The rally marks a strong comeback for ETH, which has been under significant pressure earlier this year. Now, bulls appear firmly in control as the broader crypto market wakes up and capital flows return to altcoins. Related Reading: Solana Network Activity Grows As 11M Wallets Now Hold 0.1 SOL Or More – Analyst Analysts are calling for a potential altseason, fueled by Ethereum’s relative strength against Bitcoin and growing investor confidence. As Bitcoin consolidates near all-time highs, Ethereum has taken the opportunity to outperform, pushing up through key resistance levels with conviction. Supporting this narrative, data from Sentora (formerly IntoTheBlock) reveals that $1.2 billion worth of ETH has been withdrawn from centralized exchanges over the past seven days. This sustained trend of net outflows suggests continued accumulation and reduced sell-side pressure, both strong signals for long-term bullish momentum. With price action heating up and investor sentiment shifting, Ethereum could be preparing for a major breakout. If bulls maintain control, the $3,000–$3,100 region may be tested in the coming days as the next major resistance zone. All eyes are now on ETH as the altcoin market shows signs of life. Ethereum Builds Momentum As Exchange Outflows Signal Accumulation Ethereum is trading above critical levels as speculation of a sustained rally continues to grow. After weeks of sluggish movement, ETH has roared back to life, gaining over 50% in value since last week. This sharp move to the upside has reignited hopes for an altseason, with many analysts viewing Ethereum’s breakout as the potential trigger for broader altcoin market strength. Ethereum is now holding firmly above the $2,600 mark, a level that had acted as strong resistance for months. This breakout, coupled with increasing momentum against Bitcoin, suggests bulls are regaining control. Traders are closely watching the next major resistance zone between $2,900 and $3,100, which could serve as a key test for Ethereum’s uptrend. Adding to the bullish case, data from Sentora reveals that $1.2 billion worth of ETH has been withdrawn from centralized exchanges over the past 7 days. This trend has intensified since early May, pointing to increased investor accumulation and reduced sell-side pressure. Large exchange outflows are often seen as a sign that holders intend to store ETH off-exchange, decreasing immediate supply and supporting upward price movement. With market sentiment turning bullish and Ethereum leading the charge, all eyes are now on whether ETH can maintain its momentum and drive the altcoin market into a new growth phase. If accumulation trends persist and bulls hold key levels, Ethereum’s path toward $3,100 could open the door to a broader market rally. Related Reading: XRP Open Interest Surges 41% As Speculation Grows – Over $1B Added In Just One Week Price Action Details: ETH Testing Key Levels Ethereum’s weekly chart shows a powerful breakout after weeks of bearish pressure, with ETH now trading around $2,599.14. The recent surge pushed the price above both the 200-week EMA ($2,259.65) and the 200-week SMA ($2,451.55), two critical long-term trend indicators. Reclaiming these levels signals renewed bullish momentum and a strong shift in sentiment. The breakout candle itself is one of the largest weekly green candles in over a year, reflecting a sharp influx of buyer interest and potentially marking a key reversal point after months of downside. Notably, this move brings ETH to levels not seen since February, with the local high for the week reaching $2,739.05. Volume has increased significantly during this move, confirming the strength behind the rally. However, Ethereum now faces overhead resistance near $2,800–$2,900, a zone that previously acted as support during early 2024 before the breakdown. If bulls maintain momentum and close this week above $2,600, it could open the door for a test of the $3,100 resistance zone. Related Reading: Ethereum Hits Major Level After Biggest Weekly Candle In Years – What Comes Next? On the downside, the key support to watch is around $2,450, aligned with the 200-week SMA. A failure to hold that level could invite a retest of $2,250. For now, the trend is bullish, but follow-through next week will be crucial. Featured image from Dall-E, chart from TradingView
Ethereum is trading firmly above the $2,600 mark after a surge in buying pressure over the past several days, marking a strong shift in momentum across the broader market. After months of choppy action and bearish sentiment, bulls are clearly back in control. ETH has reclaimed several key levels with conviction, signaling a potential continuation toward higher targets. Related Reading: XRP Open Interest Surges 41% As Speculation Grows – Over $1B Added In Just One Week Price action now looks structurally bullish, with Ethereum pushing through resistance zones that previously capped upside for weeks. This rally has reignited investor confidence and brought renewed attention to Ethereum’s medium-term outlook, especially as altcoins start to show strength alongside Bitcoin’s recent consolidation. According to fresh data from Glassnode, the next major resistance area to watch is at $3,100, where Ethereum is likely to encounter heavier sell pressure. This level, derived from pricing bands, now defines Ethereum’s current trading range and will likely dictate price direction in the coming sessions. With volatility returning and sentiment improving, Ethereum appears poised for a critical breakout or a decisive retest of support, depending on how bulls handle the next leg. Ethereum Nears Key Resistance As Altseason Expectations Grow Ethereum has rallied over 98% since its April 9th low, marking one of its most powerful recoveries in recent years. This explosive move has not only flipped sentiment from bearish to bullish, but also reignited speculation around a broader altseason — a period in which altcoins significantly outperform Bitcoin. After months of heavy selling pressure that began in late December, Ethereum is now showing sustained strength for the first time. The price has reclaimed critical levels, and momentum continues to build as traders and investors rotate capital back into ETH and other large-cap altcoins. Market participants are watching closely to see if Ethereum can maintain this pace and confirm a longer-term trend reversal. Top analyst Ali Martinez shared Ethereum’s MVRV Extreme Deviation Pricing Bands, offering a clear technical framework for what’s next. According to the data, the next key resistance level is at $3,100 — a region that could act as a short-term ceiling if buying pressure fades. On the downside, the major support zone sits at $2,233, a critical level to hold in the event of a pullback. As Ethereum continues to climb, these levels will become increasingly important. A clean breakout above $3,100 could open the door to a broader rally across altcoins, while a rejection or correction would likely test the market’s true conviction. For now, ETH remains in a bullish structure, supported by growing volume, on-chain signals, and renewed investor enthusiasm. The coming days will be crucial in determining whether Ethereum leads the charge into a full-fledged altseason. Related Reading: Solana Network Activity Grows As 11M Wallets Now Hold 0.1 SOL Or More – Analyst ETH Price Action: Testing Resistance After Massive Rally Ethereum (ETH) is currently trading around $2,604, consolidating after a sharp surge that lifted it from under $1,400 to a high of $2,725 in just two weeks. The daily chart shows that ETH is now approaching the 200-day simple moving average (SMA) at $2,702.60, which is acting as a key resistance level. This zone also coincides with recent local highs from early February, making it a critical area to break for further upside continuation. The recent rally brought strong volume and bullish momentum, with ETH closing multiple daily candles above the 200-day exponential moving average (EMA) at $2,435.66. This is a positive sign for trend reversal after months of sustained bearish pressure. However, today’s pullback signals that bulls are losing some steam as the price tests this crucial resistance. Related Reading: Ethereum Recovery Gains Strength: Massive Comeback Above Key Support If ETH can consolidate above the $2,500–$2,600 range and break through the 200-day SMA with convincing volume, the next upside target lies near the $3,100 level, as noted in recent technical studies. On the downside, maintaining support above $2,435–$2,450 is essential to avoid a deeper correction. The coming days will reveal whether Ethereum can turn this consolidation into a true breakout or if further cooling is needed before the next leg up. Featured image from Dall-E, chart from TradingView
Ethereum (ETH) has surged over 40% in the past two weeks, trading in the mid-$2,000 range at the time of writing. Notably, several key indicators suggest that the ongoing ETH rally is being driven more by spot market demand than leveraged trading – an encouraging sign of a potentially sustainable bull run. Ethereum Rally Driven By Spot Demand After lagging behind other major cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP for much of the past year, ETH is now showing signs of an organic uptrend. According to CryptoQuant analyst ShayanMarkets, the current momentum appears to be primarily spot-driven, rather than fueled by speculative futures trading. Related Reading: Ethereum Stuck Between Retail Sell-Off And Whale Accumulation, Analyst Explains In a recent CryptoQuant Quicktake post, ShayanMarkets highlighted that ETH funding rates have remained ‘relatively flat’ despite the price surge. This is significant because funding rates are typically a reflection of sentiment in the perpetual futures market. To explain, funding rates are periodic payments exchanged between traders in perpetual futures contracts to keep the contract price aligned with the spot price of the asset. Positive funding rates indicate that long positions are paying shorts, typically signaling bullish market sentiment, while negative rates suggest bearish sentiment. In Ethereum’s case, flat funding rates during this recent rally indicate that the upward price action is being powered by genuine buying in the spot market, not speculative leverage. This makes the uptrend less prone to sudden reversals triggered by mass liquidations. As ShayanMarkets noted: Still, for the bullish momentum to be sustained and validated, funding rates should begin to rise, reflecting increased confidence and more aggressive positioning by futures traders. Meanwhile, other analysts predict further upside for ETH. For instance, noted crypto analyst Ali Martinez recently remarked that if ETH can decisively break through the $2,380 resistance level, then it could enter a new bull rally. In his latest X post, Martinez emphasized that ETH’s new critical support range lies between $2,060 and $2,420. The analyst noted that close to 10 million wallets hold more than 69 million ETH between these levels. New ETH ATH On The Horizon? Although Ethereum remains well below its all-time high (ATH) of $4,878 reached in November 2021, many market watchers believe a new ATH for the second-largest cryptocurrency by market cap could be on the horizon. Related Reading: Ethereum ‘Insanely Undervalued’ As Accumulation Addresses Keep Stacking – Is A Rally Imminent? In the same vein, crypto analyst Titan of Crypto recently noted that ETH is following a V-shape recovery. The analyst shared the following weekly chart that compares BTC and ETH price action, predicting that ETH is likely to follow BTC’s trajectory. Meanwhile, analyst Ted Pillows outlined five bullish factors that could push ETH to $12,000 in 2025 – including favorable regulatory developments and strong inflows into spot exchange-traded funds (ETF). At press time, ETH trades at $2,555, up 3% in the past 24 hours. Featured image created with Unsplash, charts from CryptoQuant, X, and TradingView.com
Ethereum is gaining serious momentum after a powerful 45% surge last week, reclaiming key price levels and fueling speculation about the start of a broader altseason. The second-largest cryptocurrency by market cap is now pushing into critical resistance zones that could define the next leg of this rally. After months of underperformance and bearish sentiment, ETH’s sudden strength is shifting investor focus back toward the altcoin market, with analysts pointing to Ethereum’s breakout as a potential spark for widespread recovery across the sector. Related Reading: HYPE Bulls Regain Control After Sharp Recovery – Approaching Yearly Highs? Top analyst Daan shared a technical analysis highlighting the significance of Ethereum’s recent move. According to Daan, the massive weekly candle—one of the largest in years—was driven by a combination of technical breakout and short squeezes, as a large number of bearish positions were caught off guard. This surge not only invalidated recent bearish structures but also marked a structural shift in momentum. With Ethereum now pressing into new territory and investor confidence rising, the market appears poised for renewed strength. If ETH continues to hold above current levels, it could pave the way for altcoins to follow in what may become the strongest altseason since 2021. Ethereum Reclaims Strength As It Tests Key Resistance Ethereum is finally showing signs of strength after months of sustained bearish pressure. Since late December 2024, ETH had been in a steady downtrend, losing more than 66% of its value as investors rotated into other assets amid macroeconomic uncertainty and dwindling altcoin demand. However, a major shift in sentiment emerged in early April, as Ethereum began climbing rapidly, gaining over 85% in just a few weeks. This rally has brought ETH back into critical resistance levels that could determine whether a sustained uptrend is now underway. Daan highlighted the significance of this move, stating that Ethereum is now at a “big level.” He noted that last week’s price action produced the largest weekly candle in years—an explosive move fueled by a massive short squeeze. Months of built-up bearish positions were flushed out as the rally caught many by surprise, sending prices sharply higher. Daan cautions that while the move is impressive, the next phase is about managing volatility: “Play this level by level,” he advises, “and watch for next week to develop to see where these alts are going to get picked up after the squeezes are done.” This moment is crucial not only for Ethereum but also for the broader altcoin market. ETH’s recovery is often a leading indicator of renewed risk appetite and capital rotation into smaller assets. With bulls now in control and price pressing into a key supply zone, how Ethereum behaves over the coming days could determine whether altseason truly begins—or whether this rally was just a reaction to overly bearish positioning. Either way, ETH’s strength has put the market back on alert. Related Reading: Solana Rallies Into Pivotal Zone – $180 Level Could Define Next Move Technical View: Price Surges Above Weekly Moving Averages Ethereum is showing clear signs of recovery on the weekly timeframe, breaking decisively above the 200-week exponential moving average (EMA) and simple moving average (SMA) for the first time since its downtrend began earlier this year. After reaching a weekly low below $1,400 just a few weeks ago, ETH has rallied aggressively, closing this week near $2,555—a 45% surge that marks its most explosive candle in over a year. The chart shows ETH pushing past the 200-week EMA at ~$2,259 and reclaiming the 200-week SMA at ~$2,451. Analysts often use these two long-term trend indicators to distinguish between bear and bull market phases. Ethereum’s ability to close above both signals a potential shift in sentiment and structure, especially after months of lower highs and declining volume. Volume on this breakout is also notable. The past two weeks have seen a significant uptick in participation, suggesting this move isn’t just a short squeeze, but potentially the start of a broader recovery trend. ETH still faces resistance in the $2,700–$2,800 zone, but reclaiming this range could open the door for a sustained rally into Q3. The next few candles will be key in confirming this bullish reversal. Featured image from Dall-E, chart from TradingView
Ethereum is back above the $2,500 level after a massive surge that flipped market sentiment nearly overnight. Following months of intense selling pressure that began in late December 2024, ETH spent most of the first quarter struggling to gain traction. However, last week’s powerful rally—an 80% gain in less than a month—has shifted the tone across the market, reigniting optimism and setting the stage for what could be the beginning of a broader altcoin recovery. Related Reading: Solana Rallies Into Pivotal Zone – $180 Level Could Define Next Move Top analyst Jelle shared a technical analysis noting that while Ethereum’s breakout is impressive, the asset still has “a lot of work to do.” ETH is now testing a key supply zone that previously marked significant resistance. Whether bulls can push through this area or face a temporary rejection remains to be seen. Still, the magnitude and speed of this recovery suggest that Ethereum may have completed a capitulation bottom and is building toward a more sustainable uptrend. For now, reclaiming $2,500 is a significant psychological and technical milestone. With momentum turning and broader market strength building, Ethereum’s price action in the coming days could help define the trajectory for the entire altcoin sector in Q2. Ethereum Tests Key Resistance After Explosive Weekly Surge Ethereum has surged over 44% in less than a week, reclaiming major resistance levels with strength and shifting sentiment sharply from bearish to bullish. After months of underperformance, ETH is now leading the charge in what many analysts believe could be the beginning of a long-awaited altseason. The broader market is showing signs of renewed momentum, but Ethereum’s breakout is particularly significant as it often signals capital rotation into altcoins. ETH’s rally has taken it from sub-$1,800 levels to just above $2,500, breaking through key resistance areas that had held since January. Now, the price is testing a crucial supply zone between $2,600 and $2,800—a region that previously acted as a distribution top and major rejection point. A successful break above this level could open the door for a move toward $3,000 and beyond. Jelle highlighted the scale of Ethereum’s comeback, noting that this “massive bounce” came after the market had largely declared ETH dead. Prices are now firmly back above critical support, and the reclaim of $2,500 is a major technical milestone. Still, as Jelle points out, there’s a lot of work ahead before a full recovery is confirmed. While short-term momentum is clearly bullish, Ethereum must consolidate and build structure above this resistance to establish a sustainable uptrend. If that happens, the narrative for altseason becomes significantly stronger, especially after years of drawdowns across the sector. The coming days will be key as Ethereum tests the upper end of this resistance range and sets the tone for altcoins heading into the summer. Related Reading: HYPE Bulls Regain Control After Sharp Recovery – Approaching Yearly Highs? ETH Tests $2,600 Resistance As Momentum Builds Ethereum is trading at $2,570 after an explosive rally that pushed the price from under $1,800 to a new local high at $2,625 in just a few sessions. The chart shows a clear vertical breakout, driven by surging volume and reclaim of major moving averages. ETH has now decisively broken above its 200-day EMA (currently near $2,436) and is testing the 200-day SMA around $2,701—a zone that represents a significant area of supply. The steep angle of ascent suggests strong bullish momentum, but the price is approaching a key resistance confluence. Historically, the $2,600–$2,800 range has acted as both support and resistance, meaning bulls need to consolidate above $2,500 to sustain the uptrend. This move also follows months of consolidation and a long period of underperformance. After a 66% decline from its December highs, Ethereum’s current rally signals a potential trend reversal. If bulls maintain this pressure and break above the 200 SMA, it could trigger a rapid continuation to $3,000 and beyond. Related Reading: XRP Whales Are Back – 880 Million Tokens Accumulated This Month However, volume should remain elevated, and volatility is expected as sellers may step in at these levels. A short-term pullback wouldn’t invalidate the trend, but failure to hold above $2,500 could stall momentum. Featured image from Dall-E, chart from TradingView
According to a fresh analysis by a crypto analyst, the Ethereum price has broken out of a months-long downtrend, reigniting bullish sentiment across the market. With volume rising and key resistance levels expected to turn into support, Ethereum is set to complete its bullish structure, aiming for a potential break toward $3,000. Ethereum Price Targets $3,000 Breakout The Ethereum price action on the 4-hour chart has reportedly flipped bullish, following a sharp breakout above a long-standing descending trendline that capped its movements since late 2024. As a result, a pseudonymous TradingView crypto analyst identified as ‘Orihadad66’ has predicted that Ethereum could soon see a surge to $3,000. Related Reading: Ethereum Surge Above $2,200 Says Bear Market Is Over, Analyst Calls $5,791 ‘Easy’ Target The analyst explains that Ethereum’s recent shift from bearish to bullish wasn’t a subtle move, as a high-volume candle had pierced through both the trendline and the $2,100 – $2,150 resistance zone, confirming a clearer shift in market structure. This breakout is significant, as it marks the first time Ethereum has invalidated the broader bearish pattern that dominated the early part of 2025. The $2,100 – $2,150 area now acts as a potential support zone for its price, and a successful retest would solidify it as a launchpad for further upside. Orihadad66 has confirmed that the immediate bullish target for Ethereum lies between the $2,500 – $2,550 price range. Historically, this region has been a key liquidity zone where previous price rejections frequently occurred. This makes the zone a potential profit-taking area as ETH consolidates post-breakout. Technical projections suggest that Ethereum may briefly pull back toward the $2,350 – $2,400 range to form a potential higher low. If this pullback holds, bulls could drive the next leg up toward $2,800 – $3,000 — a confluence zone that includes both a supply barrier and psychological resistance. Furthermore, the TradingView analyst has predicted that a clean break above $3,000 could open the door to the $3,300 – $3,600 supply block, potentially triggering a larger bullish trend reversal. With Ethereum currently trading at $2,544, a surge to $3,000 or even $3,600 would represent a 17.9% and 41.5% increase, respectively. Bullish Thesis At Risk Below $2,100 While the analysis published by Orihadad66 has highlighted Ethereum’s almost completed bullish structure and potential breakout target, the setup also comes with a clear invalidation level. The TradingView analyst has warned that a 4-hour candle close below the $2,100 support zone or a breakdown beneath the reclaimed descending trendline would signal weakness, potentially nullifying the bullish thesis. Related Reading: Ethereum Macro Trend Oscillator Shows Green Might Be On The Horizon Such a move would suggest that the recent breakout was a false one, possibly a liquidity grab that could open the door to increased selling pressure. The analyst has suggested that traders should monitor price action around the $2,100 level. Until this invalidation point is reached, the analyst’s projected breakout, retest, and continuation scenario remains the dominant roadmap. Featured image from Pixabay, chart from Tradingview.com
In an interview that spanned everything from macro-economics to meme-coin mania, veteran trader and Asymmetric founder Joe McCann laid out a forceful—but narrowly targeted—thesis: Bitcoin’s institutional flows can propel it to the high six-figure range, Solana is “the fastest horse” toward a mid-three-digit print, and Ethereum’s investment case is increasingly threadbare. Bitcoin To $400,000 McCann began by striking at one of crypto’s longest-lived touchstones. “It’s become clear to anyone who follows crypto that the four-year cycle is effectively dead,” he told host Scott Melker, arguing that traditional patterns of post-halving rotation have been overwhelmed by spot-ETF inflows and by what he calls an unprecedented “headline-driven market.” Those flows, he said, are only beginning. Sovereign wealth funds, pensions, and corporations are “hoarding Bitcoin the way they once hoarded gold,” but unlike bullion, the supply cap is immutable. With uncertainty indices at all-time highs and US trade policy setting the tempo of risk assets, McCann sees a probabilistic path toward enormous upside once “local maxima” on tariffs are understood. Related Reading: Bitcoin 6-Month Flight Plan To $188,000, Here’s The Roadmap “If Trump does deregulation, if he chills out on tariff policy, you could see Bitcoin actually rip two, three, four-hundred thousand dollars. It really is just a number. It’s more about the flows.” Pressed for timing, the CEO of Asymmetric would not anchor to a specific date, but he did outline the mechanics: reflexive price action in a thinly supplied market. Bitcoin, still a “fraction of the market cap of gold,” now trades in an environment where gold’s 40% year-to-date rally has revived the digital-gold narrative. A break of the Bitcoin-gold cross to the upside could lure capital away from bullion “simply because it’s easier to transport and censorship-resistant.” The implication is that a decisive break above the psychological $100,000 could accelerate quickly to the headline figure of $400,000 on ETF demand alone—particularly if the US administration moves ahead with initiatives such asUS President Donald Trump Strategic Bitcoin Reserve buys in a budget neutral way or Senator Cynthia Lummis’s proposal. Bitcoin To $400K, Solana To $420, Ethereum Not Worth Owning | @joemccann 0:00 Intro 2:27 Trump’s Impact on Markets 5:11 Crypto’s Massive Repricing 8:30 Gold vs Bitcoin 13:22 Bitcoin Correlation Debate 16:16 Digital Gold Future 19:06 Trump’s Crypto Influence 23:18 Meme Coins… pic.twitter.com/U52rvt39LL — The Wolf Of All Streets (@scottmelker) May 11, 2025 Where Are Solana And Ethereum Heading? If Bitcoin is McCann’s 70% core position, Solana is his high-conviction satellite. He credits the network’s throughput during last month’s Trump-branded meme-coin launch—“the chain did not suffer; it hummed right along”—as a proof-of-scale moment. Wallet abstractions such as Moonshot, and the migration of stable-coin flows from Ethereum, have in his view removed the UX friction that capped the last cycle. “When the most popular person on the planet launches a meme-coin on Solana, what does that tell you? We have infrastructure ready for mass adoption.” Related Reading: Sovereigns Are Buying Billions Of Bitcoin, Says Anthony Scaramucci With spot-Solana ETFs already live in Canada and US filings advancing, he projects that “given the fundamentals coupled with ETF flows… Solana’s got to be at least $420,” a figure he reiterated more than once. By contrast, McCann’s hedge-fund book carries only one structural short: ETH. He offered a blunt rationale: once-innovative technology, but an asset now “being cannibalized by its own L2s.” With gas averaging one cent, fee revenue is insufficient to reward holders, and institutional channels prefer tokens that either accrue protocol cash-flow or sit inside ETF wrappers—criteria he does not see Ethereum satisfying. “The asset is not worth owning,” he concluded. “Anytime Ethereum rips, usually take profits across the board on everything.” McCann doubts the return of the indiscriminate “alt-season” that characterised prior tops. Liquidity, he argued, has bifurcated into Bitcoin ETFs on one end and high-velocity meme-coin venues such as Pump.Fun on the other. Tokens in between must now defend themselves with “real protocol revenue, not just governance.” If they do, he foresees a coming wave of dividend-style crypto ETFs aimed at yield-hungry boomers; if they don’t, “most of them will trade to zero.” At press time, BTC traded at $104,528. Featured image created with DALL.E, chart from TradingView.com
Ethereum has finally broken above the long-watched $2,000 resistance level—and it didn’t just edge past it, it blasted through with force. In under 48 hours, ETH surged more than 35%, reaching as high as $2,490 and sending a strong signal that a new phase may have just begun. The breakout, which comes after months of sluggish price action and uncertainty, has reignited bullish sentiment across the market. Related Reading: Cardano Approaches Critical Resistance – Break Above Could Trigger Move To $0.80 Top analyst Jelle described the move in dramatic terms, noting that Ethereum aggressively broke straight through a massive resistance level, “like it wasn’t even there.” More importantly, ETH has now made a higher high, flipping the market structure and confirming the strength of this rally. This is the kind of breakout that often marks a shift in trend, not just a temporary spike. With Bitcoin flirting with $100K and altcoins waking up across the board, Ethereum’s explosive move may be the start of something much bigger. The $2,000 level had been a significant psychological and technical barrier for months, and now that it’s gone, bulls are in control. All eyes are on whether ETH can hold these gains and continue leading the charge in the next leg of the crypto bull cycle. Ethereum Forms Bullish Structure As Momentum Shifts After months of relentless selling pressure and persistent bearish sentiment, Ethereum is finally showing signs of structural recovery. The market environment, long dominated by doubt and underperformance, is now shifting as ETH begins to establish a new, more bullish formation. This shift isn’t just about price—it’s being reinforced by meaningful developments on the fundamental side. One of the most important catalysts is the upcoming Pectra update, a major improvement designed to make Ethereum more efficient, scalable, and cost-effective. The update focuses on enhancing the Ethereum Virtual Machine (EVM) and optimizing smart contract performance, key changes that could significantly improve network usability and reduce transaction costs. This technical progress renews investor interest and builds a fresh narrative around Ethereum’s long-term potential. The price action confirms the change in sentiment. Jelle highlights that Ethereum easily broke past the $2,000 resistance, as ETH surged more than 21% only yesterday, blasting through $2,200 and hitting a high near $2,490. More importantly, ETH has made a higher high, signaling a trend reversal. According to Jelle, holding the $2,200 level is now key—if this support holds, “ETH could actually be back.” Analysts are beginning to call for continued upside, pointing to the combination of washed-out bearish sentiment, fresh technical structure, and growing network optimism driven by the Pectra upgrade. With ETH now breaking out and flipping resistance into support, the conditions are aligning for a potentially massive recovery phase. If momentum holds and the $2,200 level is respected, Ethereum could be entering the early stages of a powerful and sustained rally. Related Reading: Ethereum ‘Extremely Undervalued Against BTC’ – Supply Pressure May Delay Recovery ETH Price Analysis: Bulls Take Over Ethereum (ETH) is trading at $2,334 after a stunning rally that saw it surge more than 35% in less than 48 hours. The daily chart shows a massive breakout above the long-standing $2,000 resistance level, with price reaching as high as $2,490 before pulling back slightly. This breakout decisively ends months of downtrend structure and signals the formation of a new bullish leg. This move came with substantial volume, validating the breakout and showing clear market conviction. ETH also printed a higher high for the first time in months, confirming a shift in trend. However, the price is now approaching the 200-day EMA at $2,428 and remains below the 200-day SMA at $2,701—two levels that could serve as medium-term resistance. If ETH can hold the $2,200–$2,250 zone as support, this breakout could turn into a full trend reversal. The recent volume spike suggests that both retail and institutional players are stepping back in, possibly driven by growing optimism around Ethereum’s upcoming Pectra upgrade and improving macro sentiment. Related Reading: Bitcoin Shows Impressive 4H Strength – A Shift Toward Upside Break Overall, the chart shows strength and momentum. If bulls maintain control and reclaim the 200-day SMA in the coming sessions, ETH could be set for a sustained run toward higher levels. Featured image from Dall-E, chart from TradingView
According to a recent CryptoQuant Quicktake post by on-chain analyst BorisVest, Ethereum (ETH) appears to be stuck in a state of limbo. While retail investors are increasingly sending ETH to exchanges such as Binance – typically a sign of selling pressure – large investors are steadily withdrawing ETH from these platforms, indicating accumulation and long-term confidence. Ethereum Stuck In A Tug-Of-War As ETH inches closer to the $2,000 mark for the first time since March 27, market sentiment appears to be shifting. Optimism is building around the potential for a trend reversal, but on-chain data continues to deliver mixed signals regarding Ethereum’s short- to medium-term direction. Related Reading: Ethereum Holders Stay Committed Despite Unrealized Losses – Signs Of An Incoming Rally? In his analysis, BorisVest highlighted that Ethereum metrics from Binance are sending ‘mixed signals.’ While short-term indicators reveal underlying weakness and investor indecision, longer-term metrics point to resilience and strength. Notably, mean exchange inflows have increased significantly since late 2024, suggesting growing sell pressure from retail traders. This pattern resembles the behavior seen during 2022–2023, when a surge in ETH deposits to exchanges preceded a steep price decline. Similarly, mean exchange outflows have also been rising steadily since October 2023. However, these outflows are largely linked to whale wallets – addresses holding large amounts of ETH – implying that high-net-worth individuals are accumulating rather than selling. This divergence highlights a classic tug-of-war between retail fear and institutional confidence. The analyst also pointed to funding rate trends. He noted that during ETH’s rally to $4,000 in early 2025, funding rates became overly positive as bullish sentiment took hold. This over-leveraged long positioning resulted in a sharp correction, driving ETH’s price down to $1,400 by April. At present, funding rates are hovering in neutral territory, indicating a lack of clear leverage bias. BorisVest noted that if short interest rises and funding rates fall below zero, a short squeeze could ensue – potentially driving prices higher. However, no such setup has formed yet. Meanwhile, the taker buy/sell ratio, which tracks aggressive market orders, showed heavy selling pressure in late 2024 and early 2025 – right before Ethereum’s steep decline. This ratio is now stabilizing, suggesting that sellers may be exhausted and buyers are gradually regaining strength. Change Of Fortunes For ETH? Although ETH is down 34.3% over the past year, several technical and on-chain indicators point toward a potential bullish trend reversal for the second-largest cryptocurrency by market cap. Related Reading: Ethereum Capitulation Nearing Its End? Key On-Chain Metric Reveals Insights For instance, Ethereum recently flashed a golden cross on the daily chart, a bullish indicator that typically leads to major upward moves. Further, there are signs that the cryptocurrency may have already bottomed out for this market cycle. That said, uncertainty remains. Recently, machine learning algorithm CoinCodex predicted that ETH may witness another crash that may push its price down to $1,500. At press time, ETH trades at $1,966, up 7.8% in the past 24 hours. Featured image created with Unsplash, charts from CryptoQuant and TradingView.com
Ethereum has finally broken through a key resistance level, trading above $1,900 after pushing past the long-standing $1,850 barrier. This move marks the beginning of a breakout many hoped for—but few expected to arrive so soon. After weeks of hesitation, bearish pressure, and uncertain momentum, ETH is showing renewed strength just as broader market sentiment begins to shift. Related Reading: Bitcoin Shows Impressive 4H Strength – A Shift Toward Upside Break Adding weight to the breakout, new insights from CryptoQuant reveal that Ethereum is now extremely undervalued compared to Bitcoin, the first time this has occurred since 2019. Historically, such levels of ETH/BTC undervaluation have preceded periods of strong Ethereum outperformance. While price action is leading the way, on-chain data is reinforcing the bullish case, signaling that ETH may be entering a favorable phase in its cycle. This renewed upside comes amid low expectations and broad skepticism, making it all the more impactful. As ETH trades above $1,900, traders and investors are watching closely for follow-through and potential continuation toward $2,000 and beyond. If history is any guide, Ethereum’s recent move may not just be a short-term spike—it could be the beginning of a larger trend reversal, especially as the ETH/BTC valuation gap begins to close. Ethereum Flirts With $2,000 As Undervaluation Sparks Bullish Hopes Ethereum is now approaching the critical $2,000 mark, a level that, if reclaimed and held, would confirm a technical breakout and potentially usher in a broader bullish phase. After weeks of sluggish movement and bearish pressure, ETH is gaining momentum and showing signs of strength across both price action and on-chain metrics. A close above $2,000 would mark a major shift in sentiment, signaling renewed confidence among investors and traders alike. However, risks remain. Ongoing tensions between the US and China continue to inject uncertainty into global markets, and the US Federal Reserve has shown no sign of pivoting. With interest rates expected to remain elevated and quantitative tightening (QT) still in effect, the macroeconomic backdrop remains a headwind. Should these geopolitical and monetary factors ease, Ethereum’s breakout could gain sustained traction. According to CryptoQuant, the Ethereum-to-Bitcoin MVRV (Market Value to Realized Value) ratio highlights that ETH is now extremely undervalued compared to BTC—the first time this has occurred since 2019. Historically, such conditions have led to strong periods of Ethereum outperformance. Still, the bullish setup faces some internal friction. Supply pressure, weak on-chain demand, and flat network activity could stall momentum if market sentiment doesn’t improve further. While Ethereum’s current push is encouraging, confirmation will only come with sustained movement above resistance and stronger fundamentals. Until then, ETH remains at a critical juncture, with the potential to lead the next leg of the crypto rally—or slip back into consolidation if external and internal pressures persist. Related Reading: Ethereum Consolidates As Accumulation Trend Develops – New Bullish Phase Ahead? ETH Price Analysis: Technical Details Ethereum is trading at $1,933 after a strong breakout above the $1,900 resistance zone, marking its highest level since early April. On the 4-hour chart, ETH surged from around $1,850 with increased volume, breaking a multi-week consolidation range. This move confirms bullish momentum and puts the $2,000 psychological level clearly in sight. The breakout is further supported by the price now trending well above both the 200-period EMA ($1,791) and the 200-period SMA ($1,700). These long-term moving averages had previously acted as resistance but have now been flipped into potential dynamic support. The strength of this rally indicates renewed buying interest and a potential shift in market sentiment. However, the next challenge lies in maintaining this upward momentum. Ethereum must hold above the $1,900–$1,920 level to avoid a fakeout and confirm this breakout as sustainable. A clean push through $2,000 would further validate the bullish structure and open the door to higher targets. Related Reading: XRP Bulls Expect A Breakout As Price Compresses Between Key Levels – Details Overall, the chart reflects a decisive technical breakout, backed by volume and structure. If bulls remain in control and macro conditions remain steady, ETH could be preparing for a stronger trend continuation in the days ahead. Featured image from Dall-E, chart from TradingView
According to a recent X post by crypto trader Coinvo, Ethereum (ETH) is ‘insanely undervalued’ at its current price. Several on-chain metrics appear to support Coinvo’s assessment, as ETH accumulation addresses continue to stack the digital asset despite lackluster price performance over the past few years. Ethereum May Be Due A Rally Soon Although ETH has risen 8% over the past two weeks, it remains down 43% over the past year, trading around $1,700 at the time of writing. From its all-time high (ATH), Ethereum is down 63.6%, in stark contrast to Bitcoin (BTC), which is trading just 13.7% below its ATH. Related Reading: Ethereum Capitulation Nearing Its End? Key On-Chain Metric Reveals Insights Ethereum’s relatively poor performance compared to other major cryptocurrencies has raised questions about its long-term outlook. While Bitcoin benefits from its first-mover advantage and broader institutional adoption, Ethereum faces increasing competition from rival smart contract platforms like Solana (SOL), SUI, and Polkadot (DOT). Despite prevailing negative sentiment, some analysts believe ETH could be on the verge of a turnaround. Coinvo, for instance, claims that Ethereum is significantly undervalued and could be poised for a massive rally. The trader shared the following chart leveraging the Market Value to Realized Value (MVRV) Z-score – a metric used to identify potential market tops and bottoms. According to the chart, Ethereum’s MVRV Z-score has now entered the green zone – between 0 and -1 – a range that historically signals a market bottom and possible trend reversal. Meanwhile, inflows into Ethereum accumulation addresses have surged to historic highs. In an X post, analyst CryptoGoos shared a chart showing record ETH inflows into these addresses in 2025. High inflows to accumulation addresses indicate that long-term investors are actively buying and holding ETH, even during market downturns. This behavior often reflects growing confidence in Ethereum’s future value and suggests a potential bullish sentiment building beneath the surface. In a separate post, CryptoGoos also highlighted that Ethereum’s exchange reserves are at a multi-year low. Diminishing reserves on exchanges point to reduced selling pressure and a tightening supply, which could strengthen ETH’s scarcity narrative and drive prices higher in the near term. ETH Holders Not ‘Bullish Enough’ Noted analyst Crypto Rover drew parallels between ETH’s current price action and BTC’s 2021 trajectory. According to the analyst, if Ethereum mirrors Bitcoin’s past performance, it may be on track to reach a new ATH in the coming months. Related Reading: Ethereum Holders Stay Committed Despite Unrealized Losses – Signs Of An Incoming Rally? That said, concerns remain around further decline in ETH’s price if the global macroeconomic situation worsens amid the US President Donald Trump’s looming reciprocal trade tariffs. At press time, ETH trades at $1,754, down 2.1% in the past 24 hours. Featured image created with Unsplash, charts from X and TradingView.com
Ethereum is under pressure after failing to break above the $1,874 high set on May 1st, a level that now acts as stiff resistance. As the broader crypto market begins to heat up, Ethereum remains stuck in a tight range, lacking the momentum to confirm a breakout. Currently trading just above $1,800, ETH sits at a critical level where bulls must step in to defend the structure and push the price higher. Related Reading: Avalanche Bounces Off Key Price Level: Top Indicator Flashes A Buy Signal Despite several attempts, Ethereum has been unable to establish a clear direction, and market participants are growing cautious. The asset is still down over 55% from its December highs, reflecting a prolonged period of weakness relative to other major cryptocurrencies. Without a strong push through resistance, Ethereum risks falling further behind. Top crypto investor Michael Van de Poppe recently shared a technical analysis suggesting that Ethereum is still in an accumulation phase. According to Van de Poppe, ETH shows signs of strength and accumulation against BTC in the background, but needs confirmation through a decisive breakout above current levels. Until then, Ethereum remains range-bound and vulnerable to volatility. With market sentiment shifting and major moves looming, the coming days will be crucial for ETH’s short-term outlook. Ethereum Accumulation: ETH/BTC Chart Hints At Imminent Move Ethereum continues to struggle below the $2,000 mark, failing to reclaim key resistance levels despite broader market activity heating up. While ETH/USD remains directionless and still trades over 55% below its December highs, a closer look at the ETH/BTC chart reveals something more constructive brewing beneath the surface. Van de Poppe recently shared an analysis highlighting a clear accumulation structure forming in the ETH/BTC pair. After months of consistent downside, the chart shows Ethereum breaking out of a falling wedge and consolidating in a tight range just below critical resistance at 0.0195 BTC. According to Van de Poppe, this is a classic accumulation pattern, signaling that Ethereum may be preparing for a significant breakout relative to Bitcoin. The chart also highlights a key demand zone around 0.0184 BTC—an area ETH has repeatedly held. As long as this level holds, Van de Poppe believes Ethereum could continue to grind higher and eventually take out liquidity above resistance. A successful breakout could mark the start of Ethereum outperforming Bitcoin, a trend often seen during the altcoin expansion phase of a bull market. However, risks remain. The broader market is still heavily influenced by macroeconomic uncertainty, particularly surrounding U.S.-China tensions. For now, Ethereum’s upside case depends on holding current support and clearing the 0.0195 BTC resistance. If successful, this accumulation may become the base for a strong rally. Related Reading: Ethereum Breaks Massive Downtrend Price Structure – Momentum Shift? ETH Price Consolidates In A Tight Range Ethereum is currently trading at $1,795.79 after a slight rejection from the $1,874 local high reached on May 1st. The daily chart shows ETH consolidating in a tight range following its rebound from April’s lows near $1,500. However, despite this stabilization, ETH remains well below both the 200-day simple moving average (SMA) at $2,709.54 and the 200-day exponential moving average (EMA) at $2,437.55—indicating that the broader trend is still bearish. While bulls have managed to prevent further downside, Ethereum has yet to break out of its long-term downtrend. The failure to reclaim $2,000 as support continues to cap bullish momentum, and volume has remained modest during recent price action, showing a lack of conviction from both buyers and sellers. The structure currently favors accumulation, but ETH must decisively clear the $1,875–$2,000 resistance area to shift sentiment and validate a trend reversal. If it fails to do so, the risk of a renewed pullback toward the $1,650–$1,700 support zone increases. Related Reading: Cardano Consolidates In Symmetrical Triangle – Analyst Sets Bull/Bear Price Targets Overall, Ethereum is at a pivotal stage. The longer it consolidates below major moving averages, the more likely the market remains cautious. A breakout above $2,000 could trigger renewed upside and signal broader market strength. Featured image from Dall-E, chart from TradingView
According to a recent CryptoQuant Quicktake post, Ethereum (ETH) accumulation addresses are continuing to stack ETH despite mounting unrealized losses. In the analysis, CryptoQuant contributor Carmelo Aleman noted that these addresses have increased their exposure to ETH, even as the asset trades well below recent highs. Ethereum Holders Are Staying Put Despite Unrealized Loss Since reaching its cycle high of $4,107 in December 2024, ETH has experienced a sharp pullback of over 50%, currently trading around the $1,800 mark. Despite this steep correction, long-term ETH holders – particularly those behind accumulation addresses – have not been deterred. Instead of exiting their positions, they continue to hold firm. Related Reading: Ethereum Capitulation Nearing Its End? Key On-Chain Metric Reveals Insights Interestingly, since March 10, on-chain data reveals that many of these accumulation addresses have entered unrealized loss territory. For context, ETH fell to a local low of $1,866 while its Realized Price stood at $2,026. For the uninitiated, an accumulation address is a crypto wallet that steadily receives and holds a particular asset – like Ethereum – without sending it out. These addresses are typically long-term holders, ones who have held ETH for more than 155 days. When accumulation addresses continue to acquire assets in the face of declining prices, it often signals that investors expect a bullish reversal in the near future. These wallets essentially represent “strong hands” in the market. Similarly, Realized Price is the average price at which all coins in a cryptocurrency network were last moved, calculated by dividing the total realized market cap by the circulating supply. It reflects the aggregate cost basis of holders and is often used to assess whether the market is in profit or loss. Since March 10, the Realized Price for these addresses has dropped by 2.32%, from $2,026 to $1,980 as of May 3. Yet, rather than scaling back, these addresses have increased their ETH holdings significantly. Aleman adds: Despite the continued downtrend, and even while in unrealized losses, accumulating addresses have not abandoned their strategy. Instead, they increased their ETH exposure: on March 10 they held 15.5356M ETH, and by May 3 this rose to 19.0378M ETH, a 22.54% increase, as seen in the ETH Cohort analysis and Balance on Accumulation Addresses. Has ETH Hit Market Bottom? While some analysts warn that ETH could fall further – possibly to as low as $1,200 – others believe that the second-largest cryptocurrency by market cap may have already bottomed out for this cycle. Related Reading: Is Ethereum Repeating Its 2020 Trend Reversal? Analyst Predicts ETH To ‘Explode’ In Q2 2025 Adding to the optimism, ETH recently formed a golden cross on the daily chart, a bullish technical signal that typically precedes upward momentum. As press time, ETH is trading at $1,801, down 1.4% in the past 24 hours. Featured image created with Unsplash, charts from CryptoQuant and TradingView.com
Ethereum’s price action may have struggled to gain traction in recent weeks, but an interesting long-term macro indicator is showing signs of early recovery beneath the surface. Particularly, a macro trend oscillator created by a crypto analyst known as Decode on social media platform X has begun to exhibit signs of a turnaround after an unusually prolonged stretch of bearish run. If confirmed, this would mark the beginning of a new phase of strength for the second-largest cryptocurrency by market cap. Shallow Red Bars Begin Turning On Ethereum’s Multi-Timeframe Trend Analysis The oscillator’s monthly chart, overlaid with Ethereum’s price data on the monthly candlestick timeframe, clearly shows how deep and sustained the recent bearish momentum has been. The red histogram bars reflecting macro weakness persisted well beyond typical durations, highlighting the broader economic drag that has weighed on the crypto market. Related Reading: Ethereum CrossX Indicators Flashes Buy As Insitution Accumulates, Analyst Says Brace For $4,000 Interestingly, January of this year briefly hinted at a return to bullish territory, but the green print turned out to be a false start and quickly faded as the cryptocurrency kicked off another downturn. However, the magnitude of recent red bars is notably shallower compared to downturns in 2023 and 2024. This subtle shift is more apparent on the lower timeframes, particularly the 3-day chart, which shows a clean rejection from the negative territory and the formation of a small green bar before the current pullback. The analyst, Decode, interprets this as a possible early-stage turnaround. Once the oscillator turns green in a sustained fashion, a rapid upward move in Ethereum and broader crypto prices is likely to follow, following similar transitions in the past. Green Phase Will Dominate Soon Looking beyond crypto, Decode’s oscillator also tracks the S&P 500 and broader macro trends, where the same pattern holds: green phases are not only more prolonged but also steeper and more robust. This asymmetric distribution of momentum across time reflects the true bias of assets toward expansion over contraction. Decode noted that this is not merely an indicator with arbitrary thresholds but a fully integrated macroeconomic index built from 17 metrics. These include equities, bonds, commodities, currency flows, central bank liquidity (M2), and even sentiment data. Related Reading: Ethereum Price Eyes $2,700 As Wyckoff Accumulation Nears Completion Translating this into Ethereum, this gradual shift toward the green zone is seen as a signal of incoming price strength. Although Ethereum has yet to fully recover from its recent correction to $1,400, the subtle but consistent improvement in Decode’s macro trend oscillator hints that the cryptocurrency may be entering into a fresh uptrend. Right now, the focus is on green bars printing consistently again, especially across multiple timeframes. At the time of writing, Ethereum is trading at $1,830. The last 24 hours have been marked by a brief break below $1,800 before bouncing at $1,785. This move caused liquidations of approximately $35.92 million in ETH positions, with long positions accounting for $28.38 million of that amount. Featured image from Getty Images, chart from Tradingview.com
After enduring months of aggressive selling pressure, Ethereum is finally showing signs of life. As bullish momentum slowly builds, hopes for a recovery rally are beginning to resurface. While ETH continues to trade below the key $2,000 mark, bulls are actively defending critical demand zones in an effort to reclaim lost ground and reestablish a bullish structure. Related Reading: Cardano Consolidates In Symmetrical Triangle – Analyst Sets Bull/Bear Price Targets The market has been under stress for much of 2025, with Ethereum suffering extended drawdowns and repeated rejections at resistance. However, sentiment is shifting. Top analyst Ted Pillows recently shared a technical analysis noting that Ethereum has officially broken out of its downtrend for the first time since December 2024—an early sign that conditions could be improving. This breakout marks a key shift in structure and comes as trading volume starts to recover. Traders and investors are now watching closely to see if ETH can sustain its recent strength and push back above $2,000, which remains a major psychological and technical barrier. The next few days may prove critical, as Ethereum tests its newfound momentum in a still-uncertain macro environment. If bulls succeed, a broader altcoin rally could follow. Ethereum Consolidates As Bullish Momentum Begins to Build Ethereum is currently trading around the $1,800 level, consolidating in a narrow range after a prolonged period of downside pressure. While the broader market begins to heat up, ETH still lacks a clear directional move and remains over 55% below its December 2024 highs. Despite this, subtle shifts in structure suggest a potential trend change, especially in the lower time frames where early bullish patterns are beginning to emerge. The price action reflects a critical inflection point. Ethereum is hovering near major support zones, and bulls must now build enough momentum to break above key resistance levels if they want to regain control. So far, the consolidation has provided a base, but a definitive move has yet to materialize. The next leg—whether up or down—will likely be decisive for ETH’s near-term trend. Pillows recently shared a notable technical development: Ethereum has finally broken out of its downtrend for the first time since December 2024. Previous breakout attempts were rejected, but this time the breakout appears stronger and more sustained, supported by improving market sentiment and structure. Pillows believes it’s time for Ethereum to catch up to the broader market. While Bitcoin pushes toward new highs, ETH has lagged behind. If the current breakout holds, Ethereum could accelerate quickly and potentially retest key psychological levels above $2,000. The next few trading sessions will be critical for confirming this breakout’s validity and determining whether Ethereum is ready to lead the next phase of the crypto bull cycle. For now, all eyes remain on whether bulls can maintain momentum and turn this early strength into a sustained rally. Related Reading: Ethereum Tests Critical Range: Breakout Or Breakdown? Technical View: Bulls Struggle To Reclaim $2,000 Level Ethereum (ETH) is currently trading at $1,807.99, consolidating in a tight range after a sharp recovery from its April lows. The 4-hour chart shows ETH holding above both the 200-period simple moving average (SMA) at $1,700.49 and the 200-period exponential moving average (EMA) at $1,783.99—two key dynamic support levels that are now being retested as the asset tries to build bullish structure. While price action remains choppy, ETH appears to be forming a base above the $1,780 zone. The recent breakout above the downtrend line that defined price action since December 2024 is still intact, suggesting that Ethereum may be preparing for a larger move. Volume has decreased slightly during this consolidation phase, typical of a market waiting for a trigger. Related Reading: Cardano Whales Accumulated 410 Million ADA In April – Breakout Coming? Ethereum continues to trade well below the psychological $2,000 resistance, but short-term momentum is slowly favoring the bulls. A break above the $1,860–$1,880 range could clear the way for a push to retest $2,000. However, failure to hold the 200 EMA could send ETH back toward the $1,740–$1,700 demand zone. Featured image from Dall-E, chart from TradingView
Ethereum is trading at a critical juncture as broader market sentiment turns bullish. After weeks of stagnation and volatility, the second-largest cryptocurrency by market cap is attempting to solidify a bottom. Currently, ETH remains stuck in a tight range between $1,750 and $1,850—a zone that could soon determine its next major move. Bulls are in control of the short-term price action, but a breakout above resistance is essential to confirm a true trend reversal. Related Reading: $380M In Ethereum Leaves Exchanges In 7 Days – Accumulation Trend Accelerates Top analyst Daan shared a detailed breakdown revealing that Ethereum’s recent reclaim of the $1,750 level marks a meaningful shift in market dynamics. According to Daan, this is the first successful retake of a former support level since Ethereum lost the $4,000 zone in December. That event was a turning point in the bear cycle, and this move could be the start of a larger reversal if momentum holds. However, he cautions that failing to push forward from here could undermine the momentum already established. With the broader market heating up, Ethereum’s next move will likely have implications across the altcoin space. All eyes are now on whether ETH can maintain its strength and climb above the $1,850 mark in the coming sessions. Ethereum Trapped In Key Range As Bulls Struggle To Build Momentum Ethereum is currently trading around a pivotal zone, with bulls attempting to shift the trend but failing to establish a clear breakout. Despite signs of a potential reversal, ETH remains over 55% below its December highs, underscoring the uphill battle for sustained recovery. Price action has tightened between $1,750 and $1,850, forming a compressed structure that reflects both caution and anticipation in the market. On shorter timeframes, Ethereum is beginning to show early signs of bullish structure. Higher lows have emerged, suggesting that buyers are defending key levels. However, each push higher has met resistance, as selling pressure continues to cap upside potential. The broader environment remains fragile, with macroeconomic uncertainty and volatility across markets keeping investors cautious. Daan shared a technical insight emphasizing the importance of the recent $1,750 break. According to Daan, this is the first time ETH has reclaimed a previously lost support level since falling from $4,000 last December. This signals a potential shift in market dynamics. But he warns that holding and building from this point is essential as failure to continue higher could stall the rally and erase recent progress. The $1,750 to $2,100 range is now the critical zone to monitor. A decisive break above $2,100 could trigger a broader altcoin rally, while losing $1,750 may expose ETH to deeper corrections and renewed bearish pressure. Related Reading: Cardano Whales Accumulated 410 Million ADA In April – Breakout Coming? ETH Price Analysis: Breakout After Holding Key Levels Ethereum is currently trading at $1,833 and remains in a tight consolidation just below the $1,850 resistance level. As shown on the 4-hour chart, ETH has been steadily recovering since mid-April, forming higher lows while holding above both the 200-period EMA ($1,780) and SMA ($1,702). This structure suggests growing bullish momentum in the short term. The recent move above the 200 EMA and 200 SMA marks a significant shift in trend direction, as these levels previously acted as dynamic resistance throughout April. Now that ETH is trading above them, they may serve as strong support in the case of a pullback. However, price continues to face resistance near $1,850, a level that has rejected several intraday attempts to break higher. Related Reading: Ethereum Forms Long-Legged Doji On Monthly Chart – Reversal Or Just A Pause? If bulls manage to clear this barrier, the next key level to watch is the psychological $2,000 mark. On the downside, failure to hold $1,800 could lead to renewed selling pressure and a possible drop toward the $1,700 zone. Volume has remained relatively low, which could suggest that a larger move is imminent. Featured image from Dall-E, chart from TradingView
The Ethereum price could face another significant crash, as the machine learning algorithm, CoinCodex, predicts a sharp decline toward $1,500. After enduring four consecutive months of sideways trading and bearish closes, technical indicators and sentiment data are flashing warning signs of an impending correction in the coming weeks. Ethereum Price Crash To $1,526 Incoming According to CoinCodex’s latest Ethereum price prediction, ETH is expected to decline by 16.47% over the coming weeks, potentially reaching $1,526.06 by June 2, 2025. This bearish projection comes amidst a turbulent market cycle in which investor sentiment and confidence have wavered due to rising macroeconomic pressures and unexpected declines in Bitcoin. Related Reading: Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View Notably, Ethereum’s technical outlook continues to deteriorate as it just wrapped up its fourth consecutive monthly red candle. Cryptorank’s data shows that Ethereum experienced a dip of 1.27% in January, followed by sharper losses of 32.2% in February and 18.4% in March. The downtrend continued into April, with the cryptocurrency closing the month in red with another 1.58% decline. Despite brief intra-month rallies that saw its value rise sharply, Ethereum has consistently failed to sustain gains, closing each month with rising selling pressure and leading the wider market drawdown. CoinCodex’s data further paints a grim picture, highlighting that the top altcoin has recorded 16 green days out of the last 30, signaling unstable market strength. Its price volatility, measured at 6.43%, also reflects a choppy market that lacks clear bullish conviction. Moving forward, CoinCodex not only predicts that Ethereum could break down to $1,526 but also expects a steeper price crash to $1,447.96 by August 1, 2025. This would represent a decline of approximately 20.75% from current market prices. The machine learning algorithm has declared that broader market sentiment for ETH is currently bearish, implying that traders and investors still anticipate further corrections and limited upward momentum in the near term. Overall, this indicates a cautious outlook for Ethereum’s price prospects. CoinCodex Says Now Is A Bad Time To Buy ETH Given its bearish forecast for the Ethereum price, CoinCodex suggests that now may not be the best time to buy Ethereum. Interestingly, while investor sentiment remains cautious, the Fear and Greed index is at 65, reflecting a state of “Greed” and suggesting that market optimism may be outpacing the underlying bearish fundamentals. Related Reading: Ethereum By End Of 2025: Why A Surge Over $4,000 Is Imminent Building on this, crypto whales are still buying ETH in droves, capitalizing on low prices despite the possibility of a continued downtrend. Recent reports reveal that a single whale purchased 30,000 ETH tokens worth approximately $54 million. With price momentum fading and macro uncertainty still high, ETH bulls may need to wait for market stabilization and clearer reversal signals before re-entering the market. According to CoinMarketCap’s data, the Ethereum price is currently trading at $1,827, marking a yearly decline of over 38%. Featured image from Unsplash, chart from Tradingview.com
Ethereum is trading just below the $2,000 mark, holding at critical levels as the broader market shows signs of recovery. After weeks of choppy price action and fading selling pressure, bulls are gradually regaining control, pushing ETH into a more bullish short-term structure. Momentum is building as Ethereum stabilizes above the $1,800 level, and technical indicators suggest a breakout may be forming. Related Reading: Ethereum Forms Long-Legged Doji On Monthly Chart – Reversal Or Just A Pause? Adding to the growing optimism, on-chain data from IntoTheBlock shows a consistent flow of ETH out of centralized exchanges—an indicator often associated with accumulation and reduced sell-side pressure. Over the past week alone, net outflows have exceeded $380 million worth of Ethereum, reinforcing the view that investors are preparing for a move higher. Still, the key resistance at $2,000 remains a psychological and technical barrier. A confirmed push above this level could trigger a broader altcoin rally and signal the start of Ethereum’s next leg up. Until then, the market remains cautiously optimistic as bulls test the upper limits of this consolidation zone, looking for the momentum needed to escape it. Ethereum Faces Critical Test Amid Accumulation Trend Ethereum continues to face headwinds as it trades more than 55% below its December highs, hovering beneath the $2,000 resistance zone. While the broader crypto market shows signs of revival, ETH remains locked in a critical battle between supply overhead and renewed buying interest. The recent price structure shows some bullish development in lower time frames, as buyers attempt to build momentum. However, strong resistance levels still loom, and failure to break through could trigger a fresh move into lower demand zones around $1,700 or even $1,500. Despite these technical challenges, on-chain data paints a more encouraging picture. According to IntoTheBlock, centralized exchanges have seen net Ethereum outflows of roughly $380 million over the last seven days. This steady reduction in exchange-held ETH suggests a growing trend of accumulation, often interpreted as investors moving coins to cold storage rather than preparing to sell. This behavior typically reduces sell-side pressure and can lay the groundwork for more sustainable rallies. Market sentiment remains mixed. Some analysts argue that Ethereum is gearing up for a breakout, with shifting momentum hinting at an imminent surge. Others remain cautious, warning that macroeconomic uncertainty and fragile investor confidence could still pull ETH into a deeper correction. The coming days will be crucial in defining Ethereum’s trajectory. Related Reading: SUI Hype Grows As Price Action Points To A Rally: $4 Level In Focus ETH Price Analysis: Testing Key Resistance Ethereum (ETH) is currently trading at $1,837 after several days of consolidation just below the $1,850 level. As seen in the daily chart, ETH has been attempting to form a short-term bullish structure after rebounding from April lows near $1,550. The price has steadily climbed but now faces significant resistance near $1,850—a level that has acted as both support and resistance in previous months. Volume has been relatively stable but not convincingly high, indicating that bulls are gaining control but lack strong momentum to break through. The 200-day Simple Moving Average (SMA) at $2,271 and the 200-day Exponential Moving Average (EMA) at $2,456 remain distant overhead targets. These levels represent key longer-term resistance, and reclaiming them would be a major bullish signal. Related Reading: HYPE Confirms Strength With Solid Throwback Response – Bullish Reversal? For now, ETH must close decisively above $1,850 to validate this short-term trend reversal. A failure to do so may result in another retest of support around $1,700 or even lower, particularly if broader market sentiment shifts. However, the price holding above recent swing lows and forming higher lows signals that bullish pressure is building gradually. A breakout above $1,850 would open the door to a move toward the $2,000–$2,200 zone. Featured image from Dall-E, chart from TradingView
Ethereum has been holding steady above the $1,800 level despite multiple failed attempts to break higher. The current price action signals a potential shift, with volatility compressing and momentum building for a major move in either direction. After months of selling pressure and weak performance relative to Bitcoin, analysts now believe ETH is approaching a critical inflection point. Related Reading: Dogecoin Whales Buy 100 Million DOGE In 24 Hours – Demand Signals Growing Confidence Top analyst Ted Pillows shared a key technical observation, highlighting the formation of a long-legged Doji candle on Ethereum’s monthly timeframe. This type of candle typically reflects intense market indecision, where both bulls and bears tested the extremes, but neither side gained clear control by the close. It’s often seen near major turning points, especially after prolonged downtrends or consolidations. If Ethereum can reclaim the $2,000 level in the coming sessions, it would confirm bullish intent and open the door to a stronger rally. On the other hand, failure to hold above $1,750 could trigger renewed downside pressure, possibly retesting deeper support zones. For now, ETH remains trapped in a tight range, but the technical setup and market structure suggest that a decisive breakout could soon define Ethereum’s path for the weeks ahead. Ethereum Key Resistance Levels Limit Upside Ethereum has been trading below the $2,000 level since late March, and this prolonged consolidation signals a market still searching for direction. Despite bouncing from local lows, ETH remains over 55% down from its December highs, reflecting the broader weakness in the altcoin market. Bulls have managed to hold the $1,800 level, but a sustained breakout above supply-heavy zones like $2,000–$2,100 is required to confirm any meaningful reversal. In the short term, Ethereum has started to build a more bullish structure, with higher lows forming across intraday charts. This suggests that bulls are gradually reclaiming control, though the pressure from sellers remains strong. Volume continues to thin out during upward moves, and without a decisive breakout, price may continue to chop sideways or revisit lower support zones near $1,700 or $1,550. Market sentiment is cautiously optimistic, with analysts closely watching technical signals for confirmation. Pillows pointed out that ETH recently formed a long-legged Doji candle on the monthly chart—a rare formation that often signals market indecision or the beginning of a trend reversal. If this candle marks a turning point, Ethereum may be preparing for a breakout. However, until bulls reclaim key resistance, the risk of a move into lower demand zones remains very real. Related Reading: HYPE Confirms Strength With Solid Throwback Response – Bullish Reversal? ETH Price Consolidates as Bulls Eye Breakout Ethereum is currently trading at $1,830, holding firm after several days of tight consolidation between $1,750 and $1,850. This narrow range has defined recent price action, as bulls and bears remain locked in a standoff near key resistance. For bulls to maintain control and confirm a reversal structure, a decisive breakout above the $1,850 level is critical. Reclaiming the $2,000 zone would likely spark renewed buying momentum and shift short-term sentiment in favor of the upside. However, the longer ETH stays capped below resistance, the greater the risk of a breakdown. If bulls fail to push above the $1,850 level soon, selling pressure may intensify. A loss of support at $1,750 could open the door for a move back toward the $1,700 zone. Further weakness from there could drag ETH down to retest the $1,500 level, where demand previously stepped in. Related Reading: Solana Monthly Candle Reclaims Key Levels – Is $240 The Next Target? With macroeconomic uncertainty still weighing on markets and Ethereum underperforming relative to Bitcoin, traders are watching closely for a decisive move. Until then, ETH remains trapped in a tight range where momentum is building, and a breakout or breakdown is likely just around the corner. Featured image from Dall-E, chart from TradingView
Ethereum is currently trading above the $1,800 mark but continues to struggle with reclaiming higher levels. After a modest recovery in recent weeks, ETH—along with the broader crypto market—is facing a critical resistance zone that could either spark a breakout rally or lead to deeper consolidation. Bulls must break through the $1,850–$2,000 region to confirm renewed momentum, but macroeconomic headwinds are making that task more difficult. Related Reading: Chainlink Flashes Daily Buy Signal – Breakout Next? Persistent uncertainty surrounding US-China trade tensions and global economic slowdowns continues to weigh on investor sentiment. While risk assets have shown signs of resilience, the environment remains volatile and sensitive to geopolitical developments. Within this context, large holders appear to be taking a cautious approach. According to data from CryptoQuant, whales took advantage of Ethereum’s recent price surge, offloading 262,000 ETH—worth approximately $445 million—over the past several days. This significant wave of selling suggests profit-taking activity from major players, which could temporarily cap upside potential. If the market fails to absorb this supply efficiently, further pressure could follow. Ethereum at a Crossroads As Whale Activity Sparks Caution Ethereum continues to struggle in reclaiming bullish momentum after losing over 55% of its value from the December highs. Despite recent attempts at recovery, ETH remains under pressure and trades below critical resistance levels, keeping the broader market cautious. Currently hovering just above the $1,800 mark, Ethereum is testing a pivotal zone that could shape its short-term trajectory. On lower time frames, ETH is beginning to form a more constructive structure, suggesting that bullish momentum may be building. Bulls are aiming to reclaim key supply zones between $1,850 and $2,000, a move that would mark a shift in market dynamics. However, heavy selling pressure still looms. Analysts are watching closely to see if Ethereum can sustain higher lows and push toward breakout levels. Yet, not everyone is convinced of a bullish continuation. Top analyst Ali Martinez recently shared data showing that whales sold approximately 262,000 ETH—worth nearly $445 million—during the latest price surge. This selloff implies that larger players may be preparing for increased volatility or a potential pullback, which could stall any short-term rally attempts. If Ethereum fails to push above immediate resistance and absorb ongoing selling pressure, it risks falling back into lower demand zones between $1,500 and $1,600. For now, holding above $1,750 is essential to keep the bullish scenario alive. With macroeconomic uncertainty and market-wide indecision still in play, Ethereum remains in a delicate balance—poised either for a significant breakout or a renewed correction. Related Reading: Ethereum Consolidates Against Bitcoin – Dominance Shift On The Horizon? Ethereum Price Tests Patience as Tight Range Persists Ethereum is currently trading at $1,810, caught in a narrow band between $1,850 and $1,750. This tight consolidation has lasted for several days, and the market is now awaiting a decisive breakout to set the tone for the next major move. Bulls must reclaim higher levels to confirm a breakout and validate the recent momentum shift that began earlier this month. The $1,850 resistance has capped recent attempts to move higher, and each rejection near this level adds pressure. A confirmed breakout above this level would likely trigger increased buying activity, pushing ETH toward the critical $2,000–$2,100 supply zone. This range remains the key area for bulls to reclaim in order to establish a strong uptrend and shift broader sentiment. However, the risk of rejection remains. If ETH fails to break above $1,850 or sustains a fakeout, a correction toward the lower end of the range is expected. A decisive breakdown below $1,750 could trigger a deeper retrace, targeting support near $1,600 or lower. Related Reading: Solana Forms Textbook Cup And Handle Pattern – Massive Breakout Ahead? With macroeconomic uncertainty still in play, Ethereum’s next move will likely set the tone for the broader altcoin market in the weeks ahead. Patience is running thin—volatility is coming.
New reports indicate that the Ethereum (ETH) CrossX indicator is flashing strong buy signals, suggesting a potential breakout toward $4,000. As the market transitions from selling to buying, on-chain data shows that institutional investors are heavily accumulating ETH tokens, indicating a shift in sentiment. Institutions Load Up On ETH As Buy Signal Flashes On-chain analytics platform, Lookonchain, has identified a notable increase in Ethereum accumulation, largely driven by institutional whales. Over the course of three hours, a wallet address reportedly associated with the trading firm Cumberland DRW withdrew a staggering 27,632 ETH, worth approximately $50.24 million. This transfer was made from major exchanges, including Coinbase, Copper and Binance. Related Reading: Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View The wallet’s activity involved multiple high-value transfers, such as a 7,600 ETH withdrawal worth $13.83 million from Coinbase, a 5,992 ETH withdrawal worth $10.92 million from Copper and Binance, and an additional 5,960 ETH transfer valued at $10.88 million from Copper. Notably, the receiving wallet, 0ex287AA111…, was consistently used across all transactions, suggesting coordinated accumulation rather than a typical trading activity. Historically, large-scale withdrawals from Ethereum exchanges have preceded price surges, as they significantly reduce sell-side liquidity and indicate a longer-term holding pattern by investors. Amid this growing institutional accumulation, the Ethereum CrossX Indicator, as noted by Ezy Bitcoin on X, has recently flashed a strong buy signal. This reinforces the notion that institutional interest is rising, signaling an increase in demand and potentially setting the stage for further upward price movement. Ethereum CrossX Indicator Suggests $4,000 Surge Ahead Shedding more light on Ezy Bitcoin’s report, the CrossX indicator, which officially triggered a buy signal for Ethereum, is signaling a potential surge above $4,000 for the altcoin’s price. The market expert highlights that this is the first signal seen in nearly six months and, historically, has often preceded significant price action and explosive moves. Related Reading: Ethereum Price Threatened With Sharp Drop To $1,400, Here’s Why The CrossX Indicator, a tool used to detect high-probability trend reversals based on volume, price action, and divergence patterns, has shown remarkable accuracy in past cycles. As seen in the analyst’s weekly chart, previous buy signals were followed by rallies that took ETH to new local highs. Now, with Ethereum’s price rebounding off recent lows and a fresh Bullish Divergence in place, the same rally pattern may be unfolding again. If history repeats, ETH could be gearing up for a run beyond $3,000, with the possibility of testing the $4,200 range by year’s end. According to CoinMarketCap’s data, Ethereum is currently trading at $1,803, reflecting a yearly decline of 43.10%. A potential rise to $4,200 would represent a staggering 132.95% increase, bringing Ethereum (ETH) closer to its present all-time high of over $4,800. Featured image from Adobe Stock, chart from Tradingview.com
Technical analysis shows that Ethereum’s price action is currently completing a market structure that shows signs of revival. After weeks of struggling below key levels, Ethereum now appears to have completed a market structure break, with a technical analyst pointing to $1,500 as the zone where buyers have regained control, and a break above $4,000. Ethereum Structure Break And The $1,500 Turnaround Point Crypto analyst SwallowAcademy, in a recent technical breakdown of Ethereum’s weekly candlestick chart, noted that buyers have successfully initiated a clean market structure break just above the $1,500 zone. Earlier this month, Ethereum briefly dropped as low as $1,415, a level that initially appeared to signal further downside. However, what followed was a sharp reaction from bullish traders who aggressively accumulated during that dip, effectively neutralizing the intense selling pressure that had driven the price down. Related Reading: Ethereum Price Eyes $2,700 As Wyckoff Accumulation Nears Completion This influx of buyer interest not only prevented a deeper breakdown but also laid the groundwork for a notable structural shift in market behavior. Since then, Ethereum’s price has exhibited signs of strength, consistently finding support during minor retracements around the $1,500 region. This repeated defense of support led to the formation of a market structure break, which is a technical formation that often signals a transition from bearish to bullish price action. Interestingly, this structure break has seen the Ethereum price edge slowly upwards. This is a notable change, especially as the price is now climbing toward the $1,900 resistance region —a range that also aligns with the 50-week moving average and serves as a gateway to further upside. Breaking and closing above this level on the weekly timeframe could provide the necessary momentum for Ethereum to pursue higher targets, potentially signaling the beginning of a broader recovery trend. If bulls manage to secure an Ethereum break above $1,900, it could unlock a path to multiple upside levels outlined in SwallowAcademy’s analysis, with $2,800 and $4,400 as realistic medium-term targets. FVG Fill, EMA Retest, And Why $4,400 May Be In Play A closer look at the daily chart reveals a significant fair value gap (FVG) between $1,900 and $2,800, coinciding with a cluster of exponential moving averages that have yet to be retested. According to the analyst, filling this FVG is a “must-have” condition for a smoother and more sustainable rally, especially if Ethereum is to avoid the type of choppy behavior that plagued its price action in the first quarter of 2025. Related Reading: Ethereum Price Looks Set To Crash To $1,000-$1,500, But Can It Fill The CME Gaps Upwards To $3,933 Considering the current momentum, Ethereum can easily close above the resistance at $1,900 on the daily timeframe. If sustained, this momentum should be sufficient to close above $1,900 on the weekly timeframe, fill the FVG, and surpass $2,800, which would then confirm the run to $4,000 on the weekly timeframe. Other price targets highlighted are at $2,300, $4,000, and $4,900. At the time of writing, Ethereum is trading at $1,830. Featured image from Pixabay, chart from Tradingview.com
Ethereum is currently trading above the $1,800 mark, holding strong after weeks of volatility but struggling to reclaim the critical $2,000 resistance level. Bulls have managed to push prices higher, yet momentum must continue building for a full breakout. Analysts are closely watching Ethereum’s movements, noting that the market is preparing for a decisive move that could shape the coming weeks. Global macroeconomic tensions remain a challenge, but optimism is growing across crypto markets. Related Reading: Ethereum Shows 4H Bearish Divergence – Can Bulls Hold $1,750? Top analyst Daan shared insights revealing that ETH is still consolidating within its current range against Bitcoin (BTC). According to his analysis, he’s watching the local range high around the 0.02 BTC level closely. A successful break above this key range could signal a major shift in market dynamics, potentially sparking a multi-week decline in Bitcoin dominance led by Ethereum. This would likely trigger an increased risk appetite toward altcoins, as investors rotate capital away from Bitcoin and into higher-risk assets. For now, Ethereum continues to move within its range, and bulls must act fast to reclaim momentum. If ETH can push through these resistance levels, the stage would be set for a major rally across the altcoin sector, with Ethereum leading the charge. Ethereum Battles Resistance As Bulls Aim For Breakout Against BTC Ethereum is trading at a critical level, and all eyes are on whether bulls can reclaim higher supply zones to confirm a bullish reversal. After recovering strongly from local lows, ETH has begun forming a bullish structure in low time frames. However, persistent selling pressure still threatens to invalidate this structure unless buyers step in with strength. Momentum has shifted, and many analysts expect a decisive move soon—but there’s also caution, with some warning that a failed breakout could drag Ethereum back to the $1,500–$1,600 demand zone. Daan shared a key perspective on Ethereum’s performance relative to Bitcoin. He noted that ETH/BTC is still consolidating within a defined range, with the local range high near 0.02 BTC acting as the most important resistance. A successful breakout above this level would likely trigger renewed interest in altcoins and could mark the start of a Bitcoin dominance downtrend led by ETH. According to Daan, such a move would increase risk appetite across the board. However, he also warns that if ETH loses the 0.0185 BTC level, it could confirm a continuation of the current downtrend. For now, Daan is closely watching how the range develops. A confirmed breakout followed by a structure flip would offer a much clearer bullish signal. Related Reading: Solana Forms Textbook Cup And Handle Pattern – Massive Breakout Ahead? Ethereum Consolidates As Bulls Eye Critical Breakout Ethereum is trading at $1,830 after spending several days consolidating within a tight range between $1,850 and $1,750. This narrow trading channel has kept price action muted, but it also signals that a decisive move could be approaching. Analysts agree that whichever side breaks out first will likely set the tone for Ethereum’s price action over the coming weeks. Bulls have managed to defend the $1,750 support multiple times, but their real challenge lies ahead: reclaiming the $2,100–$2,000 zone. This range is seen as critical for reversing the broader downtrend and establishing a more sustainable recovery rally. A strong breakout and daily close above $1,850 would be an encouraging signal, but failure to follow through could quickly lead to another leg down. Related Reading: Solana Will Face A Pivotal Moment In May – Bear Market Bounce Or Bull Market Dip? On the bearish side, if Ethereum fails to hold the $1,800–$1,750 range and experiences a false breakout above $1,850, it could trigger a deeper correction toward the $1,600 or even $1,500 level. Traders and investors are watching closely, as the coming days could mark a major turning point for Ethereum’s medium-term structure. Featured image from Dall-E, chart from TradingView
Ethereum is now facing a critical test as it trades within a tight range, sitting below the $1,850 resistance and above the $1,750 support. After a strong recovery from the $1,400 level earlier this month, bulls have managed to stabilize price action, but the real challenge is now unfolding. To confirm a sustainable bullish structure, Ethereum must decisively reclaim the $2,000 level in the coming days. Related Reading: Solana Will Face A Pivotal Moment In May – Bear Market Bounce Or Bull Market Dip? Market sentiment remains cautious as Ethereum consolidates below resistance while macroeconomic uncertainty continues to weigh on risk assets. Top crypto analyst Big Cheds shared insights on X, highlighting a technical concern: Ethereum is displaying a 4-hour bear divergence on the On-Balance Volume (OBV) indicator, along with an upper shadow structure. With volatility expected to rise and traders closely watching for a breakout or breakdown, the coming sessions could define Ethereum’s trend for the next several weeks. Bulls need to act quickly to maintain momentum and prevent bears from regaining control. Ethereum Battles Resistance As Bulls Try To Keep Control Ethereum is starting to show early signs of a bullish structure on low time frames, giving bulls hope for a broader recovery. After pushing from the $1,400 local low, ETH has managed to hold above key moving averages and consolidate within a tight range. However, the market remains highly cautious, and selling pressure could increase quickly if bulls fail to reclaim higher levels. Momentum has shifted in Ethereum’s favor over the past few days, and several analysts are calling for a potential massive breakout if key resistance levels are breached. A confirmed breakout above $1,850 could open the door for a swift move back to the $2,000 psychological level. Nevertheless, risks remain elevated, and an opposing bearish view suggests that Ethereum could revisit the $1,300 zone if bulls lose control. Ched’s critical insights point out that Ethereum is forming a 4-hour bearish divergence on the On-Balance Volume (OBV) indicator. This, combined with the appearance of an upper shadow on local structure, signals weakening buying pressure. According to Cheds, a short position could be triggered if Ethereum loses the $1,750 support zone, which would confirm a breakdown from the current consolidation pattern. Related Reading: SUI Shows Relative Strength Against Bitcoin – New Uptrend In Play? Technical Details: Key Levels To Change Structure Ethereum is trading at $1,815 after days of tight consolidation and modest upward movement. Bulls have managed to defend the $1,750-$1,800 support range, but the real test remains ahead. To shift the broader bearish structure into a confirmed bullish trend, Ethereum must reclaim the $2,100 level. Without this breakout, any rallies are likely to be seen as temporary relief within a broader downtrend. Holding above the $1,800 level is critical in the coming days. A firm base above this zone would help build strong demand and create the conditions needed for a sustained recovery rally. Bulls are gaining some short-term momentum, but they still face a market clouded by macroeconomic uncertainty and cautious sentiment. Related Reading: Ethereum Reclaims Local Range Against BTC – Can Bulls Target The Range High? If Ethereum fails to maintain support at $1,750, downside risks will grow rapidly. Breaking below this zone could trigger a sharp sell-off, likely sending ETH toward the $1,500 mark. As the market shows signs of strength, Ethereum’s next move will be decisive. It will determine whether it can join a larger recovery trend or continue struggling within a volatile and uncertain environment. Featured image from Dall-E, chart from TradingView
Ethereum is holding firm above critical support levels as bulls attempt to reclaim the $1,850 zone. Price action remains cautious, as global trade conflicts and deteriorating macroeconomic conditions continue to weigh on investor sentiment across all markets. The ongoing trade tensions between the US and China, combined with weak economic indicators, have created a challenging environment for risk assets like crypto. Related Reading: Ethereum Flips Key Resistance Into Support – Can Bulls Reclaim $2,000 Level? However, despite these headwinds, Ethereum has shown signs of resilience. Some analysts interpret the recent surge in ETH price as a positive shift that could lead to sustained upward momentum if key resistance levels are breached. Top analyst Daan recently shared insights on the ETH/BTC chart, highlighting that Ethereum had a good start last week, showing notable strength relative to Bitcoin. This move immediately pulled a broad range of altcoins higher, signaling growing risk appetite among investors. Daan emphasizes that Ethereum’s ability to retake its local range is an encouraging development, and a continued push could set the stage for a broader recovery across the altcoin sector. Ethereum Builds Momentum Ethereum is beginning to show early signs of a bullish structure forming on the lower time frames, giving hope to investors after weeks of uncertainty. Bulls are steadily working to reclaim higher resistance levels, although selling pressure remains a real threat. The battle for control is intensifying, with analysts split between two scenarios: a massive breakout toward much higher targets or a failed breakout that could send ETH below the critical $1,300 support zone. Daan shared a technical view suggesting that Ethereum had a strong start last week, regaining strength relative to Bitcoin. This move was significant because it immediately triggered strength across many altcoins, a classic signal that sentiment could be shifting across the broader crypto market. Daan explains that Ethereum has retaken its local range, a critical development. The next objective for bulls is to push ETH toward the range high and reclaim the 4-hour 200 MA and EMA. Accomplishing this would mark the beginning of a potential higher timeframe reversal, turning the tide back in favor of buyers. Daan also highlights that if ETH can continue to build momentum from here, it could ignite another strong altcoin rally, amplifying the impact across the entire market. Related Reading: SUI Shows Relative Strength Against Bitcoin – New Uptrend In Play? Price Levels To Watch Ethereum is currently trading at $1,800 after spending several hours ranging tightly between $1,850 and $1,725. Despite the uncertain macroeconomic backdrop, ETH has managed to maintain short-term strength by holding above the 4-hour 200 MA and EMA, two critical technical indicators that have acted as dynamic support throughout the recent price action. The consolidation within this range signals that bulls are defending key levels effectively, but they still need a catalyst to trigger the next significant move. Holding above the 4-hour 200 MA and EMA suggests that momentum remains in favor of buyers for now, and any push above $1,850 could open the door for a larger rally. Related Reading: Bitcoin Rally Lacks On-Chain Support – Analyst Warns Of Vanishing Network Activity However, global tensions and weakening economic indicators continue to weigh on sentiment, making next week crucial for clarity. If broader markets stabilize or Bitcoin continues its push toward new highs, Ethereum could benefit and extend its recovery. On the other hand, a failure to hold above $1,725 would expose ETH to renewed selling pressure and a potential retest of lower demand zones. For now, bulls remain in control, but vigilance is key as Ethereum approaches a pivotal moment. Featured image from Dall-E, chart from TradingView
Ethereum is now holding above critical support levels after a volatile few weeks, but it continues to struggle with reclaiming key resistance zones. Bulls have managed to regain some momentum, helping ETH stabilize above the $1,700 level. However, to confirm a true bullish structure and shift sentiment decisively, Ethereum must reclaim and hold higher ground in the coming days. Related Reading: Ethereum Attempts First Major Horizontal Reclaim In Months – Can Bulls Hold the Line? Top analyst Daan shared a technical setup highlighting a promising development: Ethereum is flipping a previous horizontal level back into support. According to Daan, this marks a meaningful change in ETH’s market dynamics, as it’s something the asset has failed to do for months. Instead of consistently rejecting resistance and making lower lows, ETH is now showing early signs of strength by defending critical zones. Still, the battle isn’t over. Global macro uncertainty and tensions between the US and China continue to pressure all risk assets, including crypto. For Ethereum, a daily close above key resistance could open the door to a more decisive move higher, while failure to do so could leave it vulnerable to another round of consolidation or downside. Ethereum Faces A Critical Test After Strong Recovery Ethereum has staged an impressive recovery, gaining over 32% from its local low of $1,383. Now trading firmly above $1,700, ETH faces a crucial test: holding current levels to shift its longer-term bearish price structure into a more bullish trend. After months of relentless selling pressure, this stabilization could mark the start of a larger reversal if momentum is sustained. However, broader macroeconomic risks still loom. The ongoing conflict between the US and China continues to pressure financial markets, with growing concerns that a prolonged negotiation process could disrupt global supply chains. If no resolution is reached in the coming weeks, risk assets like Ethereum could struggle to maintain their recent gains. A breakthrough deal, however, could quickly shift investor appetite back toward risk-on assets, fueling a stronger rally. Daan’s technical analysis highlights a major shift in ETH’s behavior. For the first time in months, Ethereum is flipping a previous horizontal resistance zone back into support—a sign of strengthening market dynamics. Daan suggests closely monitoring the $1,750–$2,100 range, as a firm hold above this area would signal a significant improvement in ETH’s structure. A daily close above $1,750 and gradual consolidation within this key range would position Ethereum for a potential breakout toward higher levels in the coming months. Related Reading: Bitcoin Rally Lacks On-Chain Support – Analyst Warns Of Vanishing Network Activity ETH Price Holds Above Key Support, But Challenges Remain Ethereum is currently trading at $1,790, maintaining its position above the critical 4-hour 200 EMA. This technical level has acted as strong support in recent days, providing bulls with a foundation to build momentum. Holding above $1,700 is crucial to maintain the bullish structure that has started to form after weeks of volatility and selling pressure. To confirm a strong recovery and shift into a sustained uptrend, ETH must reclaim the $2,000 psychological level. A decisive break and hold above $2,000 would likely attract renewed buying interest and could open the door for a move toward higher resistance zones. However, without a strong catalyst, bulls could struggle to maintain upward pressure in the short term. Related Reading: Bitcoin Reclaims Key Levels – New ATHs May Be Closer Than Expected On the downside, losing the $1,700 support would signal growing weakness and likely invite further selling. A break below this zone could send Ethereum back into the $1,500 region, reigniting concerns of a prolonged consolidation or deeper correction. For now, the market remains cautiously optimistic, but all eyes are on whether bulls can build enough momentum to reclaim higher ground soon. Featured image from Dall-E, chart from TradingView
Ethereum is trading above $1,700 after a volatile few weeks, with bulls now trying to reclaim higher levels and flip resistance into support. Despite lingering macroeconomic tensions and the ongoing trade standoff between the US and China, markets are beginning to price in optimism as investors anticipate progress in negotiations. This renewed sentiment has lifted risk assets like ETH, which is showing early signs of a potential breakout. Related Reading: Bitcoin Reclaims Key Levels – New ATHs May Be Closer Than Expected Analysts are closely watching Ethereum’s current price action, which suggests a possible shift in trend. Top analyst Daan shared a technical view on X, highlighting that ETH is attempting to retake its previous horizontal support around $1,750. If successful, this would mark the first time in months that Ethereum reclaims a key support level after previously rejecting it and setting lower lows. As Ethereum fights to regain lost ground, all eyes are on this critical level. A breakout here could lead to a renewed surge across the altcoin market, reinforcing growing speculation that the worst of the correction may already be behind us. Ethereum Bulls Attempt to Shift Market Structure Ethereum has rallied impressively, gaining over 32% from its local low of $1,383. This recovery has brought ETH to a critical price level, where bulls must hold and build momentum to break the broader downtrend that has defined much of 2024. A sustained move above current levels could mark a long-awaited shift in market structure, providing confidence that Ethereum is ready to trend higher over the medium term. However, broader macroeconomic forces continue to weigh heavily on investor sentiment. Ongoing trade tensions between the United States and China remain unresolved, with each new tariff threat adding further strain on global supply chains. These geopolitical pressures threaten to limit risk appetite, and any further escalation could stall Ethereum’s recovery. On the flip side, a diplomatic breakthrough could trigger a strong shift in investor positioning across all risk assets, including crypto. In the meantime, Ethereum must defend current levels to keep bullish momentum intact. Daan’s analysis highlighted that ETH is currently testing the $1,750 level, which previously acted as key support. If Ethereum can reclaim this horizontal zone, it would mark the first time in months that ETH retakes rather than rejects a critical level. Daan emphasized that daily closes above $1,750 are ideal and would confirm strength, potentially opening the door for a larger breakout. Related Reading: Ethereum Forms ‘A Huge Inverse Head & Shoulders’ – $20K Target In Sight? ETH Price Holds Key Levels, Bulls Must Reclaim $2K Soon Ethereum is currently trading at $1,770, maintaining strength above the 4-hour 200 EMA—a key short-term indicator that has historically acted as both resistance and support during critical trend shifts. Bulls have managed to defend this level over the past few sessions, signaling growing confidence and momentum as Ethereum attempts to recover from its recent downtrend. Holding above the $1,700 zone is now essential to avoid triggering another wave of selling. This level has become the new battleground for bulls and bears, and continued consolidation above it may lay the groundwork for a broader rally. The next major objective is a decisive reclaim of the $2,000 level. A breakout above this threshold would mark a strong shift in sentiment and could trigger additional upside as sidelined buyers re-enter the market. Related Reading: Ethereum Adds 12% In 24 Hours – On-Chain Metrics Point To Modest Resistance Ahead However, caution remains warranted. A failure to hold current support would invalidate the recovery narrative and open the door to further losses. If Ethereum breaks below $1,700 with volume, it could revisit the $1,500 level, which has acted as a historical demand zone. That would reinforce a longer-term bearish structure and delay any hopes of a full-scale recovery. Featured image from Dall-E, chart from TradingView
Ethereum (ETH), the second-largest cryptocurrency by market cap, is up 9.9% over the past week. Recent analyses suggest the digital asset may continue its bullish momentum in the near-term. Ethereum Flashes Golden Cross According to a recent X post by crypto analyst Titan of Crypto, Ethereum has formed a golden cross on the daily chart. A golden cross typically precedes significant price rallies, and the continuation of this bullish price action could push ETH beyond $2,000 soon. Related Reading: Ethereum Nears ‘Critical Zone’ Historically Linked To Market Bottoms – Is A Rebound Incoming? For the uninitiated, a golden cross is a technical indicator that flashes when the 50-day moving average (MA) crosses the 200-day moving average (MA). The indicator often suggests a shift from a downtrend to an uptrend in the underlying asset’s price. The following chart shows the golden cross, with the upward-sloping red line (50-day MA) overtaking the downward-sloping blue line (200-day MA). If this trend holds, it could set the stage for further gains, with the $2,000 mark acting as the next psychological resistance level. Other analysts also support Titan of Crypto’s bullish outlook for ETH. For example, fellow analyst JJcycles shared a weekly chart illustrating striking similarities between ETH’s current structure and that of Bitcoin (BTC) during past cycles. JJcycles noted that ETH may currently be trading near the bottom of the range – close to the support trendline – similar to BTC’s price action around $5,000 following the March 2020 COVID-19 crash. Potential ETH Targets? In another X post, crypto trading account Bitcoinsensus pointed out that Ethereum is forming a large bull flag pattern on the monthly chart. The account noted that ETH is currently near the lower boundary of the flag, with a potential breakout target of up to $8,000. Likewise, seasoned analyst TraderPA suggested ETH is in a reaccumulation phase and could be poised for a strong rally. According to TraderPA, ETH may surge to $6,000 before the year ends. On-chain metrics also support the case for a bullish reversal. Crypto analyst Ali Martinez recently noted that Ethereum’s Entity-Adjusted Dormancy Flow has dropped below one million – a level that often indicates the asset is undervalued. Related Reading: Ethereum Sentiment Dips Among Retail Investors, Yet A Breakout Looms Despite the positive indicators, concerns about further downside remain. Ethereum’s weak performance in recent months, coupled with repeated breakdowns through key support levels, raises the risk of a drop to $1,200. Nonetheless, ETH is projected to see significant price appreciation in Q2 2025, with some analysts forecasting a new all-time high by year’s end. At press time, ETH trades at $1,755, down 3.3% in the last 24 hours. Featured image from Unsplash, charts from X and Tradingview.com