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Ethereum is showing signs of renewed strength as it continues to trade above the $2,700 level, reaching as high as $2,790 in recent hours. The price action has energized the market, with many analysts now calling for a major breakout that could not only lift ETH further but also trigger the long-awaited altseason. Related Reading: Altseason Loading? Analyst Explains How FTX $5B Distribution May Trigger The Next Bull Leg While Bitcoin has led the rally for most of the year, Ethereum appears to be catching up. According to top analyst Daan, the ETH spot premium remains firm, signaling sustained demand even in the absence of ETF-level inflows. “It doesn’t have as many ETF inflows as BTC does,” Daan noted. This relative strength, combined with growing optimism around altcoins, is fueling speculation that Ethereum could soon test—and possibly break—critical resistance levels. With sentiment turning bullish across the market and ETH gaining momentum, all eyes are now on whether it can push past key resistance and lead the charge into a broader altcoin breakout. The coming days could prove pivotal as Ethereum sets the tone for the next phase of crypto market expansion. Ethereum Tests Critical Resistance As It Faces A Pivotal Moment Ethereum is now confronting what many analysts consider the most important resistance level of the current cycle. The zone between $2,700 and $2,800 has become the battleground for ETH’s next major move. A successful breakout could trigger a run toward all-time highs, while rejection may lead to a healthy—but deeper—retracement. Global macro conditions are adding weight to this moment. Rising U.S. Treasury yields and persistent inflation continue to rattle traditional markets, increasing systemic stress. Yet, in this uncertain environment, Ethereum and Bitcoin have shown resilience, suggesting that investors are increasingly viewing them as alternatives or hedges against traditional financial risks. Daan shared insights reinforcing this bullish outlook. According to his analysis, the ETH spot premium remains firm despite lacking the ETF-driven inflows seen with Bitcoin. ETH doesn’t require as much inflow relative to its market cap to sustain bullish momentum. However, the $2,800 level remains a significant barrier. It represents a key inflection point for Ethereum’s price action and overall market sentiment. The coming days are crucial, as Ethereum’s ability to either break above or get rejected at this resistance could shape the altcoin market’s direction for the rest of the quarter. Related Reading: Dogecoin Flashes Buy Signal – Key Indicator Hints At Rebound ETH Price Analysis: Testing Key Liquidity Levels Ethereum is currently trading at $2,731 on the 4-hour chart, showing strong bullish momentum as it tests the key $2,800 resistance level. After weeks of consolidation between $2,500 and $2,700, ETH has broken out with conviction, riding higher moving averages and increased volume. The 34 EMA at $2,622 and the 50 SMA at $2,598 continue to act as dynamic support, confirming the strength of the uptrend. This breakout attempt follows a long period of compression, where ETH built a base of higher lows. Price has now surged to challenge a major resistance zone that has historically capped upward momentum. If bulls manage to flip this level into support, it could open the door to a sharp move toward $3,000 and higher. Related Reading: Solana Funding Rates Turn Negative – Early Sign Of Selling Pressure? Volume has picked up on the most recent push, a positive sign that buyers are stepping in with more confidence. Still, traders should watch closely for potential rejection or profit-taking at this key zone. If Ethereum fails to break and hold above $2,800, a short-term pullback toward the 34 EMA could follow. Featured image from Dall-E, chart from TradingView

Ethereum is trading above $2,600 after a volatile stretch that saw bulls regain momentum and push the price into a key resistance zone. The recent rebound has brought renewed optimism to the market, with ETH now flirting with a potential bullish continuation. Still, the path forward remains uncertain, as analysts warn of a possible retracement before any major breakout can take shape. Related Reading: Bitcoin UTXO Signal Approaches 99% Level – Bullish Signal Or Profit-Taking Setup? Over the past few days, ETH has shown strength, bouncing off local support and reclaiming short-term moving averages. This move has shifted sentiment, but it hasn’t been enough to fully escape the risk of a short-term pullback. Some market watchers argue that a healthy retrace from current levels would be normal before any sustainable rally above resistance. Top analyst Jelle added to the conversation with a simple but compelling insight: “If ETH goes back above $3,000, the real fun begins.” The $3,000 level has acted as a psychological and technical barrier throughout this cycle, and reclaiming it would likely ignite broader market momentum. Ethereum Leads Altcoins As $3,000 Becomes The Key Battleground Ethereum is showing notable strength among altcoins, leading the market with renewed momentum as bulls continue to push for a new bullish phase. After reclaiming the $2,600 level, ETH has been steadily building support and gaining traction, setting the stage for what many analysts believe could be the beginning of a broader altcoin resurgence. However, for a true altseason to materialize, Ethereum must first reclaim and hold above the $3,000 level. This threshold is more than just a psychological milestone—it has historically acted as a pivot for strong market-wide rallies. Many experts agree that ETH needs to break through this resistance to confirm leadership and spark confidence across the altcoin sector. Hope remains high, particularly among analysts who see Ethereum following Bitcoin’s lead. As BTC continues to test its all-time highs, some believe that once its current bullish impulse cools off, capital will rotate into ETH and other large-cap altcoins. This rotation could serve as the ignition point for a market-wide rally. Jelle supports this view, stating that if Ethereum reclaims $3,000, a bullish impulse will take place. According to his analysis, a confirmed breakout above this level would mark the start of a powerful continuation phase, likely sending ETH quickly toward $3,400 and beyond. Until then, Ethereum remains in a critical position—strong enough to lead, but still facing key resistance. If bulls maintain momentum and reclaim $3,000 with conviction, the stage will be set not only for Ethereum’s next leg up but for a full-scale altseason across the market. The coming days could prove decisive. Related Reading: Solana Bulls Watch The $190 Level – ATHs Back In Sight? ETH Consolidates Below 200-Day SMA Ethereum (ETH) is currently trading at $2,634 on the daily chart, consolidating just below a key resistance zone marked by the 200-day SMA at $2,699.60. After a sharp move up earlier in May, ETH has entered a sideways structure, with bulls defending the $2,500–$2,600 zone while attempting to break above the $2,700 level. Price action shows a tightening range, often a precursor to a breakout or breakdown. ETH is holding above the 34-day EMA ($2,513) and all shorter-term moving averages (50- and 100-day SMAs), signaling that bullish momentum remains intact in the short to mid-term. The fact that Ethereum is consolidating above key support levels rather than correcting sharply is a constructive sign for bulls. Volume remains relatively stable during this phase, suggesting neither buyers nor sellers have fully committed yet. A clean daily close above the 200-day SMA with volume could trigger the next bullish impulse, targeting the psychological $3,000 level. Related Reading: Bitcoin Profit-Taking Remains Healthy – Data Shows No Signs Of Overheating However, failure to break resistance may result in a temporary pullback toward the $2,450–$2,500 support area. Ethereum holds a bullish posture for now, but confirmation is needed to sustain upside continuation. The coming days will be key in defining ETH’s next directional move. Featured image from Dall-E, chart from TradingView

Ethereum net flows have been mostly negative for the last week, and a continuation of this suggests bullish momentum is building up for the price. These figures show how much buying and selling could’ve been going on and how investors are viewing the digital asset right now. Ethereum Net Flows Bounce Around Net flows refer to the difference in the number of coins entering or leaving crypto exchanges over a given period of time. If net flows are positive, then it means more ETH are flowing into crypto exchanges, which could point to sell-offs are investors take advantage of the price increase. However, if net flows are negative, then it suggests that more coins are leaving exchanges than those going in. Thus, it could point to buying pressure being higher than sell-offs. Related Reading: Analyst Says This Dogecoin And Shiba Inu Contender Could See ‘Impulsive Move’ Currently, Coinglass data shows that Ethereum net flows have been skewing toward negative for a while now. 24-hour net flow volumes show a -$182.86 million figure as more coins moved out of crypto exchanges during this time. This has also persisted with six out of the last seven days showing that net flows are negative. This means that there have been more ETH leaving crypto exchanges than those going into exchanges for selling. Thus, showing that buying remains the order of the day. In this 7-day period, net flows for Ethereum are sitting at -$140 million. However, going further back, on the 15-day timeframe, investors are still skewing more toward selling. This time period shows a positive $186.48 million in net flows as well, which would explain why the Ethereum price seems suppressed despite Bitcoin making new all-time highs.. The 30-day period is no different, showing even larger deposit trends. In total, Ethereum investors have moved more ETH into crypto exchanges, causing net flows to fall to rise to $483.54 million during this time. What Could Happen To Price If Net Flows Remain Negative If the Ethereum net flows continue to remain negative and even grow from here, then it would signal a rise in buying pressure. Once the buyers are able to outbid sellers, then the Ethereum price could begin to rally again. Related Reading: Bitcoin Golden Cross In Play – Analyst Reveals Best Course Of Action As for how high the Ethereum price could go, crypto analyst Captain Faibik has explained that bulls are still struggling to reclaim the 200-Day Simple Moving Average at $27,000. Now, if they are able to capture this level and break out of it, the analyst sees the price rising above $3,500 in the near term.   Featured image from Dall.E, chart from TradingView.com

Ethereum is at a critical juncture as it approaches the $2,700 level, widely viewed as the next key resistance that bulls must overcome to confirm a bullish setup. This comes as Bitcoin broke above its all-time high yesterday, pushing the crypto market into a new phase that could unleash substantial gains across altcoins. For Ethereum, this moment could define the next leg of its recovery rally. Related Reading: Ethereum Consolidates Above $2,500 While BTC Leads the Charge – Key Levels To Watch Since early May, ETH has surged over 55%, fueled by renewed investor confidence, broader market strength, and increasing capital rotation from Bitcoin into large-cap altcoins. The sentiment is shifting, and Ethereum’s ability to lead the charge will likely influence the pace of altseason. Glassnode data highlights the improving fundamentals behind the move. In May, Ethereum reclaimed its Realized Price at $1,900—putting the average holder back in profit after a long stretch in the red. Price has also climbed above the True Market Mean at $2,400, historically seen as a reliable bullish signal. However, a clear break above $2,700 remains essential to validate this trend and attract further momentum-driven capital. Whether ETH can deliver that confirmation will shape how quickly the altcoin market gains traction in the wake of Bitcoin’s breakout. Ethereum Holds Strong As Altcoin Momentum Builds Ethereum is leading the altcoin charge as investors position themselves for what many expect to be a massive rally in the coming weeks. After months of volatility, ETH has reasserted its strength by reclaiming key technical and on-chain levels. Since crossing back above the $2,200 mark, Ethereum’s price structure has leaned decisively bullish, forming higher lows and consolidating around a critical resistance zone near $2,700. Bulls remain firmly in control, and Ethereum is once again being looked to as the benchmark for broader altcoin sentiment. In a market environment now defined by Bitcoin’s recent breakout above all-time highs, ETH is well-positioned to benefit from capital rotation into high-cap altcoins. To fully validate a bullish continuation, however, Ethereum must break above and hold the $2,700–$2,900 range. Glassnode on-chain data adds another layer of bullish conviction. In May, Ethereum broke above its Realized Price at $1,900, putting the average holder back in profit—a milestone that typically signals renewed investor confidence. ETH has also moved above its True Market Mean at $2,400, a key historical metric that aligns with strong accumulation phases. However, the final hurdle lies at the Active Realized Price, currently near $2,900. Reclaiming that level would not only confirm a major structural breakout but also signal that recent buyers are holding strong and that confidence has returned at scale. Until then, ETH remains in a powerful setup, but the next few sessions will be critical for confirming whether the altcoin market’s leader is ready to drive the next leg higher. Related Reading: Ethereum Addresses In Profit Nearly Doubles Since April Lows – Volatility Returns ETH Price Tests Major Resistance Ethereum continues to push higher, with price currently consolidating around the $2,665 mark after briefly touching $2,734. The daily chart shows ETH holding a clear uptrend since early May, with higher lows and strong buying volume supporting the move. All key moving averages are sloping upward, with the 34 EMA currently at $2,249 and the 50 SMA at $1,965—both well below the current price, reinforcing bullish structure. The most immediate technical challenge lies at the 200-day SMA, marked at $2,703. This long-term indicator has acted as dynamic resistance in previous cycles and will be critical to watch. A daily close above this level could trigger a breakout and confirm a broader bullish continuation, possibly opening the door toward reclaiming the $2,900–$3,000 region. Related Reading: Litecoin Eyes $117.50 As Price Rebounds From Key Support – Analyst Volume has picked up slightly on recent green candles, signaling growing demand, but the test of the $2,700 zone could invite short-term profit taking. Support is seen around $2,445 (100 SMA) and $2,080 (close to the True Market Mean), which would likely act as a cushion if a pullback occurs. Featured image from Dall-E, chart from TradingView

Ethereum continues its strong upward momentum, surging into the $2,734 mark as bullish sentiment returns across the crypto market. After gaining over 55% since the beginning of May, ETH is showing clear signs of strength as it reclaims key technical levels. This move positions Ethereum as one of the most closely watched assets in the market, especially as Bitcoin holds firmly above its all-time highs. Related Reading: Ethereum Consolidates Above $2,500 While BTC Leads the Charge – Key Levels To Watch Top analyst Big Cheds shared a technical view, noting that ETH is now re-approaching the critical $2,700 zone—a level that has historically acted as both resistance and a signal of trend continuation. A successful break and consolidation above this area could unlock the next leg up for Ethereum, potentially bringing higher prices back into focus for traders and investors. The broader sentiment remains optimistic, with bulls increasingly confident that ETH could lead a renewed altcoin rally if momentum sustains. However, analysts also caution that the $2,700 region must be cleared with strong volume and follow-through to confirm a breakout. Until then, Ethereum’s price action remains in a delicate position, teetering on the edge of a major rally or another round of consolidation. Ethereum Facing A Crucial Test Ethereum is positioning itself for a potential bullish recovery as it continues to consolidate above key levels after a multi-week rally. Since early May, ETH has gained over 55% in value, signaling renewed strength in the altcoin market. The recent breakout of Bitcoin to new all-time highs above $111K has triggered optimism across the board, setting the stage for a possible altseason. For that to happen, Ethereum must lead the charge with a clean breakout into higher territory. Currently, ETH is trading just below the $2,700 level, a key resistance zone that has historically acted as a major turning point for price action. According to Cheds, reclaiming $2,700 is crucial. A firm move above this threshold would likely confirm a bullish continuation, opening the door toward the $2,900–$3,000 range. So far, Ethereum has shown resilience, defending the $2,500–$2,600 zone effectively during the recent market consolidation. If bulls maintain control and volume increases, the breakout could materialize sooner rather than later. However, failure to push past $2,700 could trigger a new wave of hesitation, keeping ETH range-bound in the short term. As Bitcoin continues its upward trend, all eyes are now on Ethereum to see whether it can match that strength and lead the broader market higher. Related Reading: Ethereum Addresses In Profit Nearly Doubles Since April Lows – Volatility Returns ETH Price Action Details Ethereum is showing solid bullish structure on the 4-hour chart, consolidating just under the key $2,700 resistance level after a strong rally from early May lows. Price action is currently holding above the short-term exponential moving average (EMA 34) at $2,574, which acts as dynamic support. Meanwhile, the 50, 100, and 200 simple moving averages (SMAs) at $2,543, $2,443, and $2,109, respectively, continue to align in a bullish formation, signaling a healthy trend. Despite some volatility, ETH has consistently defended the $2,650–$2,670 region during recent dips, suggesting strong buyer interest just below resistance. Volume has remained steady, though not aggressive, which implies that bulls are cautiously optimistic while waiting for confirmation of a breakout above the $2,700 level. A decisive candle close above $2,700 could trigger the next leg up, potentially targeting the $2,850–$3,000 range. However, failure to push higher may lead to another test of support at $2,570 or even the $2,540 zone. Related Reading: Solana Multi-Year Uptrend Holds Strong – Analyst Sees SOL Breaking ATH This Year Overall, the chart structure favors the bulls, but a break and hold above resistance is needed to unlock further upside momentum. All eyes remain on this level as Ethereum aligns with the broader altcoin market’s expectations following Bitcoin’s breakout to new all-time highs. Featured image from Dall-E, chart from TradingView

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

Ethereum is holding firm above the $2,500 level after weeks of strong buying pressure and bullish momentum, despite having lost more than 60% of its value since December 2024. The asset’s resilience comes at a pivotal time: Bitcoin has officially broken its all-time high, triggering optimism that a new phase of the market cycle is beginning—one that could deliver explosive gains for altcoins. Related Reading: Solana Multi-Year Uptrend Holds Strong – Analyst Sees SOL Breaking ATH This Year For Ethereum to fulfill its usual leadership role in an altcoin rally, it must break above current resistance zones and confirm a recovery structure. As price action continues to develop, analysts are watching closely for signals that ETH is ready to outperform once again. To illustrate just how deep the correction was, Sentora (formerly IntoTheBlock) shared a key metric: after Ethereum’s sharp sell-off that began in December, the share of addresses in profit plunged from over 90% to just 32% by April 2025. The rebound since then has been remarkable, but the road to a full recovery is still developing. If Ethereum can maintain support and reclaim higher levels, the stage may be set for a broader altseason that could reshape sentiment across the crypto market. Volatility Grows: Ethereum Eyes A Breakout Ethereum bulls have regained control after a turbulent few months, forming a bullish price structure as the asset attempts to reclaim the $2,700 level. The surge began with a clean breakout above $2,200, and despite recent volatility, Ethereum is showing signs of strength. On Sunday, ETH spiked above $2,550 before retracing to $2,400 in a sharp pullback. Since then, price action has stabilized, and with Bitcoin pushing into new all-time highs, Ethereum appears poised to follow. Analysts now expect a potential breakout if ETH can flip $2,700 into support. Momentum is building as selling pressure fades, and buyer confidence grows. Many view this as a key inflection point: if bulls sustain their push, Ethereum could reassert leadership in a market increasingly tilted toward altcoins. Supporting this bullish outlook is fresh on-chain data from Sentora. Following a brutal drawdown that began in December 2024, the percentage of ETH addresses in profit collapsed from over 90% to just 32% by April 2025. Since then, the recovery has been dramatic—nearly 60% of addresses are now back in profit. According to Sentora, this level of volatility hasn’t been seen since the explosive 2017 bull cycle. If Ethereum continues this trend and breaks out of its current range, it may not only confirm a strong recovery but also spark the next major leg of altseason. Related Reading: Litecoin Eyes $117.50 As Price Rebounds From Key Support – Analyst ETH Tests Critical Resistance Ethereum is now trading at a pivotal level, having surged to $2,687 with a 5.3% daily gain. The chart shows ETH challenging its 200-day simple moving average (SMA) at $2,702, a key technical barrier that has historically acted as resistance. After multiple failed attempts to break past this level in recent weeks, today’s bullish momentum puts ETH on the verge of a potential breakout.   The bullish structure is supported by strong upward volume, signaling renewed buyer interest. Notably, the 200-day exponential moving average (EMA), currently at $2,444, has provided solid support throughout May, creating a base for this upward push. If Ethereum decisively closes above the $2,700 region, it could set the stage for a rally toward $3,000 and beyond, confirming a shift in trend after months of bearish pressure. Related Reading: Dogecoin Momentum Fades – Analyst Expects $0.213 Retest However, the price is still within a consolidation range, and bulls must hold above $2,600 to maintain this breakout potential. Failure to do so may result in a short-term retracement back to the $2,400–$2,450 demand zone. Featured image from Dall-E, chart from TradingView

As Ethereum (ETH) continues to hover around the $2,500 mark, signs of market exhaustion are beginning to emerge. Analysts suggest the second-largest cryptocurrency by market cap could face a short-term pullback before attempting to break through higher resistance levels. Ethereum Showing Signs Of Overheating According to a CryptoQuant Quicktake post by contributor ShayanMarkets, ETH is beginning to show signs of an overheated rally. The analyst shared the following chart illustrating ETH’s total trading volume across various crypto exchanges. In this chart, each bubble’s size reflects the magnitude of trading volume, while the color indicates the rate of volume change, categorized into four groups – Cooling, Neutral, Overheating, and Highly Overheating. Related Reading: Ethereum Gains Momentum Amid Flat Funding Rates – Is This A Healthy Uptrend? Ethereum’s ongoing price rally, which began in mid-April 2025, has seen a notable surge in trading activity. Within just a month, the asset’s market condition shifted from Cooling (green bubbles) to Overheating (red bubbles). The current overheated condition may lead to a short-term correction as the market cools and enters another accumulation phase. However, the depth and duration of any potential pullback remain uncertain. The CryptoQuant contributor attributes this spike in volume to profit-taking and significant resting supply at the psychologically important $2,500 resistance level. Data from CoinGecko shows ETH has jumped an impressive 59.7% over the past 30 days, outperforming Bitcoin (BTC) during the same period. ShayanMarkets concludes: Consequently, Ethereum is expected to continue its consolidation phase until fresh demand emerges to drive a breakout above this resistance range in the mid-term. In a separate post on X, veteran crypto analyst Ali Martinez pointed to Ethereum’s Market Value to Realized Value (MVRV) extreme deviation pricing bands. He emphasized that ETH must hold above $2,200 to maintain bullish momentum. Should this level hold, Martinez believes ETH could target $3,000, or potentially even $4,000, if buying pressure strengthens. Where Is ETH Headed? Analysts Weigh In Ethereum’s impressive performance of late has attracted attention from several crypto analysts, who are now speculating the digital asset’s future price trajectory. According to crypto analyst Ted Pillows, ETH’s 12-hour chart recently confirmed a Golden Cross, a bullish signal that typically precedes major price rallies. Related Reading: Ethereum Holders Stay Committed Despite Unrealized Losses – Signs Of An Incoming Rally? ​​In another analysis, Pillows forecasted that ETH could be eyeing a move to $4,000, noting that the asset has traded within a massive symmetrical triangle since Q3 2020. The $4,000 level lies just below the triangle’s upper boundary. In contrast, crypto analyst Gianni Pichichero warned of a potential retracement to $2,350, citing the emergence of lower lows on Ethereum’s daily chart as a bearish signal. At press time, ETH trades at $2,500, up 3.6% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com

In a macro-focused interview with the Bankless podcast, Arthur Hayes, the former BitMEX CEO and current Maelstrom CIO, laid out his bullish thesis on Ethereum, arguing that a move to $10,000 or even $15,000 is a realistic outcome as global liquidity shifts and capital controls take hold in the next monetary regime. Asked why ETH had rallied over 50% in a week, Hayes dismissed technical triggers and pointed instead to sentiment. “The most hated asset goes up the fastest in the next cycle,” he said. “It’s just human nature.” For Hayes, the Ethereum comeback was long overdue after years of being overshadowed by Solana and other high-beta tokens. “ETH was kind of dead. Everyone hated it. The BTC/ETH ratio was falling, Solana was running… it was time.” Why Ethereum Could Soar To $10,000 Despite not having added to his position, Hayes said he remained long Ethereum and was unfazed by the current price. “It’s great it’s going up, but okay—let’s talk at $10,000 or $15,000. Let’s talk when it’s meaningful.” Related Reading: Ethereum Flashes Golden Cross Signal – Can Bulls Push ETH To $3,000? Hayes placed Ethereum’s rebound in the broader context of what he calls a global monetary “phase shift”—a transition away from the US Treasury as the world’s reserve asset, toward a bifurcated system where store-of-value flows increasingly shift toward gold and Bitcoin. In this paradigm, Ethereum benefits not just from speculative risk flows, but also from structural changes in how capital moves under increasing financial repression and capital controls. While he reiterated his belief that gold and Bitcoin are the two neutral reserve assets in a politically fractured world, Hayes sees Ethereum as a powerful high-beta trade in the coming wave of liquidity expansion. “They print the money,” he said bluntly. “And the consequence will be gold and Bitcoin going through the roof.” Still, Ethereum’s path won’t be linear. Hayes acknowledged ETH’s underperformance versus Bitcoin so far, but suggested that ETH’s moment is coming—particularly if regulatory clarity improves or if decentralized finance regains traction with sustainable cash flows. He singled out projects like EtherFi and Pendle as examples of token ecosystems that might finally justify valuation through fundamentals. Related Reading: Ethereum Headed For Crucial Encounter At $4,000 – Here’s Why The potential for Ethereum to outperform dramatically remains, Hayes argued, especially as the market continues to digest what he sees as the beginning of the end for the 50-year US Treasury-based global financial system. “If you want to preserve access to capital and spend it how you want, the only things you can own are gold and Bitcoin,” he said. But for the investor with appetite for asymmetry, ETH is “a hard slog” now—yet still in the early stages of what could be a runaway rally. Whether Ethereum reaches the $10,000 mark in 2025 or beyond, Hayes is positioning for that outcome. “Mailstream is about 60% Bitcoin, 20% ETH and then you know a lot of other shitcoins and term sheets of token deals and stuff. On my non-crypto stuff, it’s physical gold and gold miners and T bills. That’s it,” Hayes revealed. At press time, ETH traded at $2,477. Featured image from YouTube, chart from TradingView.com

Ethereum is holding strong above the $2,500 mark after a volatile two-week stretch marked by heavy resistance and indecisive price action. While bulls have successfully defended key support levels, ETH continues to struggle against the supply wall just below $2,800. The broader crypto market mirrors this sideways trend, with Bitcoin and total market cap also trapped within tight ranges, limiting bullish momentum across the board. Related Reading: Chainlink Struggles At Key Resistance Level – $10 Support Back In Focus Analysts are growing optimistic about the potential for an altseason — but only if Ethereum can convincingly reclaim the $3,000 level. A decisive breakout above that mark would signal renewed strength and likely spark a broader rally in altcoins, many of which have lagged behind in recent weeks. Top analyst Daan shared a technical breakdown, noting that Ethereum’s price action has been volatile over the past two weeks. He emphasized that ETH is currently range-bound, much like BTC and the rest of the crypto market. Until there’s a clear breakout from this local structure, traders remain cautious. Ethereum Bulls Hold Structure But Momentum Cools Ethereum bulls gained traction earlier this month when the price surged above the $2,200 level with ease, establishing a bullish structure for the first time in weeks. Momentum accelerated quickly, with ETH breaking through $2,550 on Sunday before retracing just as fast into the $2,400 zone. The rapid up-and-down action highlights the current uncertainty in the market, where investors remain cautious despite recent strength. The Sunday pullback added weight to analyst warnings that Ethereum could face short-term selling pressure before confirming the next leg up. While many remain bullish on ETH’s medium-term trajectory, they acknowledge that momentum has cooled and the market is pausing to reassess. Daan provided insights into Ethereum’s behavior, describing the price action as “pretty messy” over the past two weeks. He pointed out that ETH, like Bitcoin and the broader crypto market cap, is currently trapped in a tight range. According to Daan, he’s “not looking to do much until we at least convincingly break out of this local range.” The defined range sits between $2,100 (key support) and $2,800 (major resistance). If Ethereum holds above current levels and pushes past $2,800, it could trigger a fresh wave of bullish momentum. Until then, consolidation may persist. Related Reading: Ethereum Flashes Golden Cross Signal – Can Bulls Push ETH To $3,000? ETH Consolidates Below Resistance As Bulls Hold The Line Ethereum (ETH) is currently trading at $2,539 after a volatile week marked by strong bullish attempts and growing resistance pressure. The daily chart shows ETH attempting to hold above the 200-day EMA ($2,440.71), which has now turned into a short-term support zone. Meanwhile, the 200-day SMA sits higher at $2,701.31, acting as a key resistance level Ethereum must overcome to confirm a sustained rally. After a sharp rally in early May that propelled ETH from under $2,000 to above $2,700, the price has entered a period of consolidation. This pause comes after multiple failed attempts to break and hold above the $2,700 resistance, just under the 200SMA. Volume has decreased, and the recent price action suggests a battle between bulls trying to defend the $2,500 level and bears pressing to cap upside moves. Related Reading: Cardano Whale Activity Spikes – 80 Million ADA Added In 48 Hours The bullish structure remains intact as long as ETH stays above the 200EMA and within the $2,400–$2,600 range. However, a failure to maintain current support could expose Ethereum to a deeper retracement toward $2,200. For bulls, reclaiming $2,700 is essential to unlock the next leg higher toward the psychological $3,000 level. Until then, traders should expect choppy price action and tightening volatility. Featured image from Dall-E, chart from TradingView

Ethereum is now trading at a pivotal juncture after days of consistent selling pressure that have pushed the price down by more than 12% since last Tuesday. Currently hovering around the $2,400 mark, ETH is struggling to maintain bullish momentum, and many analysts warn that a deeper correction could follow if bulls fail to defend this crucial support zone. The recent drop reflects broader market uncertainty, with rising volatility shaking investor confidence just as ETH appeared ready to join a wider altcoin breakout. Related Reading: Cardano Whale Activity Spikes – 80 Million ADA Added In 48 Hours Despite this weakness, there’s growing optimism in some corners of the market. Top analyst Ted Pillows shared a technical analysis showing that a Golden Cross has been confirmed on Ethereum’s 12-hour chart — a signal traditionally viewed as a precursor to major bullish moves. This crossover, which occurs when the 50-period moving average crosses above the 200-period moving average, often marks the beginning of an extended uptrend. If bulls manage to hold current levels and reclaim higher resistance near $2,600, the Golden Cross could become a turning point. Until then, the coming days will be critical in determining whether Ethereum can bounce or sink into a longer consolidation phase. Volatility Hits Ethereum Amid Golden Cross Signal Ethereum saw sharp volatility over the weekend, surging past $2,550 before rapidly reversing and falling back into the $2,400 zone within hours. This sudden move has sparked renewed uncertainty, as analysts grow cautious about the fading bullish momentum and rising selling pressure. While ETH remains one of the stronger performers in the broader altcoin market, it is still down 36% from its December high of around $4,100. This leaves bulls with a clear challenge: hold current levels and regain control by pushing prices above $2,800 to ignite a sustained rally. The $2,400 level is now acting as a critical support zone. A break below it could trigger a deeper retracement, likely dragging Ethereum into a consolidation range or even toward lower support levels. Still, technical signals offer a glimmer of hope. According to Pillows, Ethereum recently confirmed a Golden Cross on the 12-hour chart — a bullish pattern that occurs when the 50-period moving average crosses above the 200-period moving average. Historically, such signals have preceded strong upside moves, and Pillow believes this one could pave the way for Ethereum to reach $3,000 in the near term. However, for that to happen, buyers must step in decisively. Volume has tapered off, and sentiment appears fragile after last week’s breakdown. If bulls can defend the $2,400 region and reclaim higher resistance quickly, the Golden Cross might mark the beginning of Ethereum’s next leg up. Until then, the market remains in a wait-and-see mode, watching whether the bullish signal can outweigh the growing pressure from sellers. Related Reading: XRP Flashes Bullish Signal – Technical Indicator Hints At Imminent Rebound ETH Tests Key Support After Drop From Local Highs Ethereum is trading at $2,402 after a sharp Sunday sell-off, where the price spiked to $2,670 before retracing more than 10% in less than 24 hours. As seen in the 4-hour chart, ETH is now consolidating right above the $2,390–$2,400 zone, a level that is proving critical for bulls to hold. This area coincides with a prior consolidation zone and could act as a short-term support base. The 200-period EMA on the 4H chart is currently at $2,130, and the 200 SMA is near $1,991 — both are significantly below the current price and offer long-term trend support. However, the volume profile shows a spike in sell-side activity during the pullback, suggesting that short-term traders are locking in profits. If price breaks below $2,390, a deeper retrace toward the $2,200–$2,300 range becomes likely. Related Reading: Bitcoin Consolidates Below ATH – Buying Pressure Weakens As Equities Outperform On the upside, ETH must reclaim $2,550 to reestablish momentum. Failure to do so could confirm a local top. The price action is clearly indecisive, and this range-bound structure could persist unless bulls reassert strength with a decisive move above $2,600. Until then, the $2,400 level remains a battleground between buyers and sellers amid elevated volatility. Featured image from Dall-E, chart from TradingView

After a strong rally that pushed Ethereum to a local high of $2,730, the asset has retraced over 10%, now testing key support levels as the market cools off. The correction comes after days of heavy buying pressure and growing expectations of a broader altseason. However, the recent pullback has sparked debate among analysts and traders, with sentiment now split between those anticipating another leg up and others preparing for a deeper correction. Related Reading: Ethereum Multi-Year Consolidation Could Spark A Parabolic Move – Details Some believe this pause is healthy and necessary before Ethereum resumes its uptrend. Others argue that ETH could retest lower zones, especially if Bitcoin remains range-bound. Top analyst Daan weighed in by highlighting the ETH/BTC pair, pointing out that Ethereum, after its big move up, is now facing resistance around the 0.026 BTC level. With Ethereum still trading far below its all-time high and caught in a wide macro range, the coming days may prove decisive. Whether this is just a short-term cooldown or the start of a larger correction, Ethereum’s current levels will likely dictate the momentum heading into the next phase of the market. Ethereum Holds Critical Support As ETH/BTC Pair Faces Key Resistance Ethereum continues to show resilience despite recent volatility, maintaining its position above the $2,400 level. This zone now acts as crucial support, and bulls must defend it to preserve the broader bullish momentum. While price action has cooled slightly following its sharp run to $2,730, ETH remains one of the stronger performers in the market, holding up well amid increased uncertainty and speculative positioning. Much of the current optimism hinges on Ethereum’s performance relative to Bitcoin. If ETH continues to outperform BTC, analysts believe it could trigger the long-awaited altseason — a market phase where altcoins significantly outperform Bitcoin. Daan shared insights on this dynamic, focusing on the ETH/BTC ratio, which has gained notable strength in recent sessions. According to Daan, ETH has now run into resistance near the 0.026 level after a sharp rally. For bullish momentum to continue, ETH must hold above 0.0224. A break below this key support could trigger a slow bleed and potentially unwind the entire recent move. On the upside, a clear break above 0.026 would open the door to a move toward 0.03 and beyond. In short, Ethereum’s short-term direction will likely be shaped by its ability to hold $2,400 and maintain strength against Bitcoin. If both conditions are met, the case for a sustained altcoin rally grows significantly stronger. Related Reading: Dogecoin Whales Accumulate 1 Billion DOGE In A Month: Fueling Price Surge Speculation ETH Pulls Back Into Support After Failing To Break $2,700 Ethereum is currently trading at $2,485, following a sharp retracement from its recent local high near $2,730. The chart shows that ETH failed to hold above the 200-day simple moving average (SMA) at $2,701, which acted as a strong resistance zone. After days of sustained upward momentum, this rejection has pushed the price back toward the 200-day exponential moving average (EMA) around $2,438 — a key level that now serves as immediate support. Volume has remained elevated during this move, suggesting active participation from both bulls and bears. Despite the rejection from the 200 SMA, Ethereum is still holding well above its breakout zone from early May, where the price surged from under $2,000. If bulls can defend the EMA and keep price above $2,400, this could form a higher low and set the stage for another attempt at reclaiming the $2,700–$2,800 area. Related Reading: Solana Sees Renewed Demand As Capital Flows Turn Positive – Details However, if ETH loses the $2,400 level, momentum could shift in favor of the bears, potentially triggering a larger correction. For now, Ethereum remains in a consolidation phase within a broader bullish structure. The next few daily closes will be critical to confirm if the pullback is healthy or a signal of deeper weakness. Featured image from Dall-E, chart from TradingView

The Ethereum price has ranged low now after making a new monthly high back on Tuesday. This increase had come as a much-needed relief for the crypto market, which had watched the ETH price struggled while Bitcoin thrived. However, the bullish breakout has not lasted long as bears have once again taken control and sellers are now dominating. Given this recent trend, it is possible that the Ethereum price has seen the end of price decline. Ethereum Lower Lows Present Troubling Trend Crypto analyst Gianni Pichichero has explained what could be going on with the Ethereum price and why the current trend could be worrying. This goes through the different processes and how the altcoin has been moving since the start of the week, starting from Monday’s bullish rise to the bearish reversal that took the market by surprise. Related Reading: Bitcoin Weekly SuperTrend Flashes Sell Signal From 2022 Despite BTC/USD Strength Gianni explained that the opening range for the week had established the current monthly high before breaking low. This showed an entry of large players into the market as the Ethereum price was pushed up rapidly to touch the $2,700 mark for the first time in over a month. This had set a bullish tone for the week, following into the next day as Tuesday also showed recovery strength, The next day, Tuesday, the Ethereum price did pump once again and placed a higher high than Monday, suggesting that a continuation was in play. The day also closed out in the green as ETH bulls remained dominant through the trading day. By Wednesday, there had been a turn in the market, whereas the previous days were dominated by bullish rallies, consolidation was the order of the day. This brought the Ethereum price back inside the opening range high of the week and then marked the first red close of the week. This first red close, Gianni explains, was a bearish signal. It initially didn’t signal that the Ethereum price would continue to crash. However, it did show that the bullishness that began on Monday might finally be over. Then, by Thursday, it was already a full-blown reversal as the market tested the previous day’s lows. Thursday’s red close was just as bearish as the market turned in expectation of bearish news. Related Reading: Is Bitcoin Price Turning Bullish Or Bearish? Crypto Analyst Reveals Critical Levels To Watch The formation of lower lows on both days has been worrying, and the analyst outlined in the chart that there could be a possible breakdown of the price. In this case, the Ethereum price could again crash back below $2,400, wiping out a notable amount of gains accumulated over the last few weeks. As this unfolds, Gianni suggests that there would not be any crazy moves, but that focus should be on looking for opportunities to sell high in the current market. “ I will be looking for any sell high opportunity after the news, reinforced with bearish price action, as triple tops, double tops and any kind of reversal patterns into the most recent high in place,” he said. Featured image from Dall.E, chart from TradingView.com

Ethereum is holding strong above the $2,500 mark after a sharp rally in recent weeks, signaling renewed bullish momentum across the market. The second-largest cryptocurrency by market cap is now consolidating just below key resistance levels, with traders and analysts closely watching price action for confirmation of the next move. Bulls appear to be in control, with Ethereum reclaiming critical levels that were previously broken during months of sustained selling pressure. Related Reading: Solana Sees Renewed Demand As Capital Flows Turn Positive – Details Market sentiment is shifting fast, and speculation about a broader altcoin bull phase continues to grow. Many investors believe Ethereum’s current structure could be laying the groundwork for a long-awaited breakout. Top analyst Mister Crypto shared a technical analysis highlighting that Ethereum has been consolidating within a multi-year range, one that could soon resolve into a powerful upward impulse. This phase of compression and sideways movement has historically preceded some of Ethereum’s most significant moves. Now, as ETH trades firmly above support and buyers defend dips, attention turns to the $2,700 and $3,100 resistance zones. If those are cleared, the multi-year consolidation thesis could be confirmed, potentially setting the stage for a new leg up and renewed leadership in the altcoin space. Ethereum Consolidates As Long-Term Setup Gains Attention Ethereum is showing notable bullish strength as it consolidates above the $2,500 mark and continues to defend gains made during its recent rally. Analysts across the market are increasingly calling for a bullish phase to begin, with several pointing to Ethereum as the catalyst for an incoming altseason. The broader crypto market is heating up, and ETH’s recent recovery has positioned it as a frontrunner among major altcoins. However, despite the momentum, risks still remain. Ethereum is still down approximately 36% from its December 2024 high near $4,100. To confirm the start of a sustained rally, bulls must hold current levels and push decisively above the $2,800 mark. A clean break above that resistance could trigger an impulsive move higher and attract renewed capital inflows into Ethereum and the wider altcoin market. Mister Crypto has emphasized the significance of Ethereum’s current market structure. In his view, ETH has been consolidating for nearly four years—a phase of accumulation that historically leads to powerful price expansions. “The longer the consolidation, the bigger the pump,” he stated, adding that he is extremely bullish at these levels. This prolonged consolidation builds a strong foundation, often resulting in breakout moves with high momentum. If Ethereum continues to hold above the $2,500–$2,600 zone and clears $2,800 in the near term, it could mark the start of a multi-month rally. For now, traders are watching closely as price action develops and long-term technical patterns begin to align with improving sentiment across the crypto space. Related Reading: Ethereum Eyes $2.4K Retest – Analyst Sets Key Levels To Watch Bulls Defend Key Support Levels Ethereum is currently trading around $2,617 after holding above the $2,500 support zone and showing signs of renewed strength. The 4-hour chart reveals a clear uptrend that began in early May, with ETH breaking through key resistance levels near $2,200 and $2,400 before consolidating just below $2,700. Price action has now formed a short-term range between approximately $2,560 and $2,700, suggesting bulls are preparing for another breakout. The 200-period EMA and SMA are trending upward, now positioned well below current price levels at $2,060 and $1,912, respectively, confirming strong bullish structure and momentum. Volume spikes during upward moves also support the case for continued demand. If Ethereum can break decisively above the $2,700 resistance zone, it would likely trigger an impulsive leg higher with $2,800 and $3,000 as immediate targets. Related Reading: $1.2B In Ethereum Withdrawn From CEXs – Strong Accumulation Signal However, failure to hold the $2,560 area could lead to a short-term pullback toward $2,400, a previous resistance-turned-support level. For now, ETH appears to be in a healthy consolidation following an explosive rally, and bulls remain in control as long as the $2,500–$2,560 range holds. The market will closely watch for breakout confirmation as Ethereum prepares for its next move. Featured image from Dall-E, chart from TradingView

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