Ethereum has faced a sharp pullback, dropping over 10% in the last 24 hours as global tensions and macroeconomic uncertainty shake investor confidence across markets. The retrace comes amid rising US bond yields and escalating trade conflict rhetoric between major global powers, particularly the United States and China. While Bitcoin holds strong above key support levels, altcoins—including Ethereum—are under pressure, prompting caution among short-term traders. Related Reading: Bitcoin Sees Largest Net Taker Volume Drop Of 2025 – Traders React To Trump-Elon Clash However, some analysts believe this dip could present an opportunity rather than a threat. Top analyst Ted Pillows shared technical insights suggesting that Ethereum is holding range support well, even after the sharp decline. According to Pillows, ETH’s ability to stay above critical support zones is a positive sign, with a potential breakout toward higher levels if it manages to reclaim momentum within the range. The coming weeks will likely be decisive for Ethereum and the broader altcoin market. If market volatility calms and Bitcoin continues to consolidate above $100K, Ethereum could lead the next leg up, opening the door for a strong altseason. For now, traders are closely watching how ETH behaves around its current support to determine whether a deeper correction or a bullish reversal is in play. Ethereum Holds Range Support Amid Market Volatility Ethereum is showing resilience despite heightened macro uncertainty and political tensions between Elon Musk and US President Donald Trump. Following a sharp pullback, ETH has managed to defend key support levels, with bulls stepping in near the $2,400 zone. This recovery comes at a time when the crypto market is on edge, reacting to broader financial market volatility and shifting sentiment across global assets. ETH remains approximately 48% below its all-time high, leaving substantial upside potential if momentum continues to build. The coming weeks will be decisive, especially as Bitcoin consolidates above $100,000 and traders look to Ethereum and altcoins for the next leg higher. Despite global headwinds, including inflation and escalating trade tensions, Ethereum is maintaining strength within its current range. Pillows emphasized in a recent analysis that Ethereum is holding range support nicely after the dump. According to his view, reclaiming this range is a key signal that bulls remain in control. If ETH can break through near-term resistance levels and reclaim the $2,600 mark, it opens the door for a push toward $3,000 — a psychological and technical milestone. Related Reading: Ethereum Stabilizes After Market Drop – Key MA Reclaim Could Trigger A June Rally ETH Rebounds As Consolidation Continues Ethereum (ETH) is currently trading around $2,466, holding just above the 34-day EMA at $2,422 after a volatile week. As seen on the daily chart, ETH remains inside a consolidation range between $2,400 and $2,700. Despite recent pressure across altcoins, ETH has managed to avoid a breakdown and is attempting to stabilize above the 50-day and 100-day moving averages. The chart shows that ETH’s recent pullback stopped just before the 100-day SMA (~$2,068), a level that has acted as a strong dynamic support in past cycles. Holding this structure is critical for the bullish outlook to remain intact. If bulls can push the price back above the 200-day SMA at $2,666, Ethereum could attempt a breakout above $2,700 — a move that would likely open the door to $3,000 and signal renewed strength in the broader altcoin market. Related Reading: Solana Horizontal Support Under Pressure – Bearish Target At $142 Volume has remained moderate, suggesting traders are waiting for confirmation before entering new positions. As long as ETH holds above the $2,400–$2,450 region, the bullish thesis remains valid. A daily close below $2,400, however, could expose the asset to a deeper correction toward the $2,200 zone, where the 100-day EMA provides additional technical support. Featured image from Dall-E, chart from TradingView
Ethereum has experienced a sharp pullback, retracing over 10% since yesterday as the broader crypto market faced a wave of volatility. Despite the decline, bulls are showing resilience. ETH failed to break below the critical $2,300 mark and is now holding firm above $2,400, a sign that demand remains strong at current levels. Investors are watching closely as Ethereum consolidates and attempts to recover lost ground. Related Reading: Solana Horizontal Support Under Pressure – Bearish Target At $142 Top analyst M-Log1 shared a technical update indicating that ETH is currently sitting around the 200-period moving average on the 4-hour chart. This level often acts as a major trend indicator, and reclaiming it could spark renewed bullish momentum. According to M-Log1, Ethereum’s price action suggests a potential recovery toward the $2,600 zone, especially if bulls manage to push above the 50 and 100 MAs. This renewed interest in ETH comes at a pivotal moment for altcoins. Many market participants are now evaluating whether this consolidation phase marks the beginning of a larger move for Ethereum and related assets. For now, all eyes remain on key technical levels as the market awaits confirmation of direction. Ethereum Eyes Recovery After Market Shake-Up Ethereum is showing signs of strength amid heightened market volatility sparked by rising tensions between Elon Musk and US President Donald Trump. The sharp war of words between the two high-profile figures triggered a wave of uncertainty in financial markets, prompting swift reactions across the cryptocurrency sector. While Bitcoin remains stable above the $100K level, altcoins have experienced significant pullbacks—ETH included. However, the coming weeks are shaping up to be decisive, with many investors closely watching for signs of recovery. ETH has retraced over 10% in recent sessions but is now bouncing from the lows. Bulls appear confident as Ethereum holds above the $2,400 level and attempts to reclaim key moving averages on the 4-hour chart. According to M-Log1, ETH currently sits near the 200MA, a crucial technical level that often signals trend reversals. He notes that Ethereum is bouncing exactly as expected following last week’s broader altcoin correction. M-Log1’s analysis points to the $2,600 level as the next target. A successful push toward that zone, along with reclaiming the 50 and 100 moving averages, could set the stage for a strong rally throughout June. If ETH manages to build momentum and maintain support, the altcoin market could experience renewed bullish energy. Despite ongoing macroeconomic uncertainty and political risk, Ethereum’s resilience is notable. With technical support holding and confidence slowly returning, the setup remains constructive, assuming bulls continue to defend key levels. As the market digests recent events, ETH’s price action over the next few days will offer critical insight into whether a new altseason can take off or whether further downside is still in play. Related Reading: Ethereum Mirrors Bitcoin 2020 Breakout Setup – Historic Run Incoming? ETH Weekly Chart: Key Levels Hold Ethereum is currently trading around $2,475 on the weekly chart, showing signs of hesitation as it faces strong resistance near the 200-week simple moving average (SMA) at $2,450. Although ETH managed to surge above this level briefly, the candle is showing rejection near the $2,680 area, which coincides with both historical resistance and the upper end of the 34-week EMA ($2,499). This confluence of resistance levels is proving to be a critical zone for bulls to reclaim. Despite the recent bounce from April lows, ETH is still struggling to gain bullish momentum on the higher timeframes. The last few candles reflect indecision, with long wicks and narrowing body size, suggesting that while buyers are defending downside levels, sellers remain active near resistance. If ETH fails to close the week above the 200-week SMA, a pullback toward the $2,300–$2,250 range is likely, which aligns with the 50-week and 100-week moving averages. Related Reading: Ethereum Consolidates Against BTC – Altseason Hopes Hinge On ETH/BTC Breakout On the upside, a strong weekly close above $2,700 would be a major breakout signal, potentially triggering a broader altseason. For now, Ethereum’s weekly structure remains neutral-to-bullish, with consolidation above the 200-week SMA acting as a key battleground for trend confirmation. Featured image from Dall-E, chart from TradingView
Ethereum has so far underperformed in this market cycle but looks ready to mount a parabolic rally based on analysts’ predictions. Crypto analyst Crypto Bullet recently highlighted a bullish pattern on ETH’s chart, which provides a bullish outlook for the altcoin. Ethereum Eyes $3,300 As Morningstar Candle Pattern Forms In an X post, Crypto Bullet predicted that Ethereum could rally to $3,300 as a Morningstar Candle pattern forms for the largest altcoin by market cap. This came as he highlighted the bullish monthly close for ETH and alluded to the monthly chart printing this bullish pattern. With this, the analyst expects a significant rally from Ethereum. Related Reading: Ethereum Price At $8,000: Pundit Predicts Parabolic Run For ETH Crypto Bullet noted that Ethereum is now facing tough resistance, but he believes that the $2,500 resistance will be broken. The analyst added that his next target is $3,300. Meanwhile, crypto analyst Ash Crypto also provided a bullish analysis for ETH, in which he declared that the Wyckoff accumulation was still in play. He remarked that the first major level to reclaim is $3,100, which will be followed by a small correction. Following that, Ash Crypto is confident that ETH will then surge to $4,000, which will initiate an explosive rally. The analyst affirmed that $10,000 is programmed for ETH in this cycle. As NewsBTC reported, crypto analyst Crypto GEM recently predicted that Ethereum could rally to $8,000 by next year. Crypto analyst Titan of Crypto also highlighted $5,000, $7,000, and $8,500 as the targets for ETH’s market structure. Meanwhile, just like Ash Crypto, crypto analyst Mikybull Crypto is also confident that the altcoin can reach as high as $10,000 in this market cycle. He highlighted a similarity between Ethereum’s current price action and that of the 2017 market cycle. Ongoing V-Shape Recovery For ETH In an X post, crypto analyst Titan of Crypto highlighted an ongoing V-shape recovery for Ethereum. He noted that ETH has kicked off a sharp reversal, forming a classic V-shape structure on the weekly chart. His accompanying chart showed that ETH could rally to as high as $7,600 on this run-up. Related Reading: Crypto Trader Dumps XRP Holdings For Ethereum, Explains Why Crypto analyst Mikybull Crypto stated that Ethereum is flirting with a breakout. The analyst further noted that the Relative Strength Index (RSI) is already breaking out. His accompanying chart showed that ETH could rally to as high as $3,600 on this breakout. He also declared that the fifth time of ETH’s move to the MA20 will be a thrust through. The altcoin is expected to break the $2,600 resistance on this move. At the time of writing, the Ethereum price is trading at around $2,450, down almost 6% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
The Ethereum (ETH) price experienced a significant decline on Thursday, falling over 7% and approaching the $2,400 mark. However, expert analysis suggests that a new bullish trend may soon emerge for the second-largest cryptocurrency. Key Metrics Indicate Accumulation By Larger Investors Market analyst Lark Davis took to social media platform X (formerly Twitter) to share insights on Ethereum’s potential. He noted that various on-chain metrics and market behaviors indicate an impending breakout for the ETH price. Notably, Ethereum has been outperforming Bitcoin (BTC) in the second quarter of the year, suggesting growing investor confidence. The recent Pectra upgrade has improved Ethereum’s scalability and reduced its inflation rate, making it more attractive to investors. Related Reading: Bitcoin Price Crash To $100,00 Loading: Next Targets Revealed As Bears Take Over Additionally, the expert highlights that with exchange balances hitting seven-year lows and substantial inflows into Ethereum exchange-traded funds (ETFs), it appears that larger investors are accumulating ETH for the long term. Despite these bullish indicators, Davis cautioned that not all market participants share this optimistic outlook. Betting markets on Polymarket currently assign only a 27% chance that Ethereum will reach a new all-time high by 2025. Critical Support For Ethereum Amid Political Disputes The broader cryptocurrency market also faced challenges on Thursday, with total market capitalization dropping from $3.30 trillion to approximately $3.12 trillion. Bitcoin, XRP, and Solana (SOL) were among the notable cryptocurrencies experiencing losses, retracing by 3%, 5%, and 6%, respectively. In a separate but related development, tensions between US President Donald Trump and his former adviser Elon Musk have surfaced, adding to the day’s market volatility. Trump expressed disappointment over Musk’s criticism of a key tax and spending bill from his administration, suggesting that their “great relationship” may be nearing its end. Musk retaliated by accusing Trump of ingratitude, claiming his support was instrumental in Trump’s election victory. Related Reading: Crypto Analyst Warns: This Bitcoin Bull Cycle Looks Nothing Like 2017 or 2021 This public dispute has drawn attention to the intersection of US politics and cryptocurrency, a dynamic that market analyst Income Sharks noted in a recent post on Elon Musk’s social media site, X. The analyst remarked on the swift impact of political conflicts on crypto markets, emphasizing that the Ethereum price has not yet lost critical support levels. Income Sharks, in his analysis, identified the $2,390 mark as a crucial support point for the altcoin in the immediate term, which could determine the next upward targets of $3,000 and $4,000. While trading at $2,406 when writing, Ethereum finds itself well below its all-time high reached during the market’s last bullish cycle in 2021. As of now, the altcoin stands 50% below its record of $4,878, according to CoinGecko data. Featured image from DALL-E, chart from TradingView.com
Ethereum is trading at critical levels after breaking past the $2,500 mark earlier this quarter, now attempting to reclaim momentum and push into higher resistance. Despite global macroeconomic pressures—including rising US Treasury yields and persistent trade tensions between the US and China—ETH continues to show resilience. Market analysts believe that Ethereum could be leading the charge into a long-anticipated altseason, provided it holds key levels and breaks above current supply. Related Reading: Solana Analyst Sets $300 Target – Can Bulls Sustain A Rally? Top analyst Ted Pillows recently pointed to a compelling technical pattern: Ethereum has now posted four consecutive two-week green candles, a formation that mirrors Bitcoin’s price structure in early 2020 following the March crash. That period marked the beginning of Bitcoin’s legendary bull run to $69,000. According to Pillows, the similarities between BTC in 2020 and ETH in 2025 are “just mind blowing,” sparking renewed interest from traders who see Ethereum’s current consolidation as a bullish continuation. With investor sentiment slowly recovering and technicals turning favorable, the market is watching ETH closely. If history is any guide, this consolidation could mark the calm before Ethereum’s next major leg higher. However, macro risks still linger, and timing will be critical. Ethereum Resilience Sparks Hopes Of 2020-Like Rally Ethereum is holding strong above the $2,600 level, showing resilience amid global macro uncertainty and volatile market conditions. This consolidation around key support has many investors and analysts anticipating a breakout that could lead Ethereum into a new rally phase, potentially triggering a broader altseason. Despite growing concerns around systemic risk in the bond market and geopolitical tensions between the US and China, Ethereum continues to attract buyers, signaling confidence in its long-term strength. Analysts are watching this range closely. Many believe that if Ethereum can maintain support and break above near-term resistance, it could gain serious momentum. One of the more compelling arguments for a bullish outlook comes from Ted Pillows, who highlights a striking similarity between Ethereum’s current structure and Bitcoin’s behavior in 2020. According to Pillows, Ethereum has now printed four consecutive two-week green candles since bottoming, just as Bitcoin did after the March 2020 crash. That pattern marked the start of BTC’s legendary run to $69,000. The comparison has sparked optimism that ETH may be preparing for a similar breakout, especially if it clears resistance near $2,700–$2,800. While the macro environment remains tense, this technical structure—paired with rising confidence in ETH’s strength—keeps bulls hopeful that a major move is on the horizon. Related Reading: Ethereum Consolidates Against BTC – Altseason Hopes Hinge On ETH/BTC Breakout ETH Price Analysis: Consolidation Above Support Ethereum (ETH) is holding steady around $2,607, consolidating just above the 34-period EMA on the 4-hour chart, which currently sits near $2,594. After the strong surge in early May that saw ETH rally from under $2,000 to highs near $2,850, the price has moved into a tight consolidation range. This sideways action reflects market indecision as buyers and sellers battle for control. Despite the recent volatility, ETH has continued to post higher lows, indicating ongoing bullish pressure. The 50, 100, and 200-period SMAs are aligned below the current price, all trending upward, signaling that the broader trend remains intact. The price is finding consistent support from the 50-period SMA around the $2,590–$2,600 zone, which is a key level to watch. Related Reading: Ethereum Daily Chart Signals Strength Amid Market Uncertainty – Analyst A decisive break above the short-term resistance near $2,680 would be needed to confirm continuation toward $2,800 and potentially retest previous highs. On the downside, a break below $2,590 could trigger a pullback toward $2,500 or lower, especially if BTC shows weakness. Featured image from Dall-E, chart from TradingView
Ethereum is showing impressive resilience as it continues to hold above critical levels despite ongoing market volatility. While Bitcoin struggles to break past its all-time highs, ETH remains stable, maintaining bullish structure and fueling hopes for a broader altcoin rally. Analysts across the market are eyeing a potential altseason, with Ethereum expected to lead the charge once it clears major supply zones. Related Reading: Ethereum Daily Chart Signals Strength Amid Market Uncertainty – Analyst However, the spotlight is shifting to a less discussed but highly significant chart—ETHBTC. According to top analyst Daan, the ETHBTC pair has been consolidating in a tight range between 0.022 and 0.026 since the last squeeze. This consolidation suggests a period of accumulation and reduced volatility, but it also acts as a crucial signal for altcoin momentum. If ETHBTC breaks above the 0.026 resistance level, Daan suggests it could trigger a temporary but powerful rally in ALT/BTC pairs. Sectors closely tied to Ethereum—such as DeFi protocols, ETH-based memecoins, and Layer 2 ecosystems—could benefit most from such a move. Until then, investors are closely monitoring ETH’s performance relative to BTC, as it remains one of the most reliable indicators of capital rotation within the crypto market. ETHBTC Chart Becomes Key to Altseason Outlook Ethereum is currently trading at a pivotal range, with investors closely watching for a breakout that could lead to new highs and potentially ignite the long-anticipated altseason. Despite global tensions and continued macroeconomic uncertainty—particularly surrounding the aggressive and unstable Bond market—ETH has remained relatively strong. Bulls are optimistic, viewing the current consolidation as a healthy pause before the next leg up. One of the most important signals for altcoin momentum is not found on the USD chart, but in the ETHBTC pair. Daan points out that Ethereum’s price relative to Bitcoin has been consolidating between the 0.022 and 0.026 BTC range since the recent squeeze. This range now acts as a pressure point for the market. A breakout above 0.026 would likely catalyze a surge in altcoin strength, especially among Ethereum-related assets like DeFi protocols, ETH-based memecoins, and Layer 2 solutions. However, Daan warns that if ETHBTC drops below 0.0224, it could signal weakness for alts relative to BTC. It’s important to remember that ALT/BTC pairs can fall even if altcoin USD prices rise, particularly during aggressive BTC rallies. The same applies in reverse. For now, ETH’s position in this range remains one of the most telling signs of where the broader crypto market might head next. Related Reading: Ethereum Reclaims Pivotal Level – Key Resistance Around $2,650 Ethereum Faces Resistance As Bulls Attempt Breakout Ethereum (ETH) is currently trading around $2,640, showing signs of strength after holding its ground above the $2,500 mark. On the daily chart, ETH is forming a clear consolidation pattern just below a key resistance zone defined by the 200-day moving average (currently at $2,676). This level has repeatedly capped price action over the past few weeks, signaling strong supply pressure in this area. Despite the lack of a decisive breakout, Ethereum is maintaining a bullish structure with higher lows and consistent volume support. The 34-day EMA has turned upward and currently sits at $2,418, providing dynamic support and reinforcing the short-term uptrend. If ETH can reclaim the 200-day SMA and push above $2,700, a broader rally could follow, potentially opening the path toward $3,000 and beyond. Related Reading: Solana Reclaims Key Support After Sweeping Lows – Early Signs Of Reversal? On the downside, if price fails to break this resistance and sellers take control, immediate support lies near $2,500, followed by stronger demand around $2,350–$2,400 where the 50- and 100-day SMAs converge. For now, Ethereum remains in a balanced state, showing resilience, but still needs a strong catalyst to overcome the technical ceiling that continues to stall upward momentum. Featured image from Dall-E, chart from TradingView
Ethereum continues to demonstrate strength, holding firm above key support levels and outperforming much of the crypto market despite growing macroeconomic uncertainty. Since its April lows, ETH has more than doubled in value, gaining over 100%, and shows no signs of slowing down. While many assets have faced heavy selling pressure amid volatility in global markets, Ethereum remains resilient, showing consistent buying interest and maintaining its upward trajectory. Related Reading: Ethereum Poised For A 5-Figure Breakout – Volatility Is Shaking ‘Weak Hands’ Top analyst Carl Runefelt shared a bullish perspective, noting that Ethereum price stays strong on the daily timeframe. According to Runefelt, if Bitcoin starts moving sideways, Ethereum could seize the opportunity to break out of its current consolidation triangle and lead the next phase of the market rally. His analysis highlights the unique positioning ETH holds at the moment—not only as the second-largest cryptocurrency but also as a potential driver of the next altseason. With ETH holding above $2,600 and approaching key resistance zones, market participants are watching closely. A decisive breakout could ignite widespread momentum across altcoins and mark the beginning of a new phase in the current bull cycle. Ethereum’s performance continues to solidify its role as the foundation of the broader digital asset space. Ethereum At A Pivotal Range: Bulls Eye Breakout Ethereum is currently trading within a tight consolidation range that many investors view as the staging ground for its next major move. After a significant rally that saw ETH gain over 100% since April, the asset is now testing key resistance levels, particularly around $2,650–$2,700. Despite recent macroeconomic tensions, including rising US Treasury yields and persistent geopolitical risks, Ethereum continues to show strength, with bulls holding the line above critical support. Runefelt recently emphasized that Ethereum “refuses to dump on the daily timeframe,” a signal of underlying bullish resilience. His analysis suggests that if Bitcoin begins to move sideways, Ethereum could break out of its consolidation triangle to the upside, potentially sparking the beginning of a long-awaited altseason. From a technical perspective, the consolidation appears constructive. The price has formed higher lows since April and remains above all major moving averages on key timeframes. The $2,300 level is emerging as a strong base, while the bullish target sits at $3,100 if resistance is cleared. Related Reading: Ethereum Supply On Exchanges Hits 7-Year Low – Breakout Loading? Runefelt’s bullish and bearish scenarios—$3,100 on the upside and $2,300 on the downside—underline the importance of the current range. As trading volume compresses and volatility brews, Ethereum looks ready for a decisive move. Should the breakout occur, it could not only lead ETH to new cycle highs but also ignite broader confidence across the altcoin market. ETH Price Analysis – Daily Chart Overview Ethereum (ETH) is currently trading at $2,616, hovering just below the 200-day simple moving average (SMA), which sits around $2,679. This level has acted as a consistent resistance zone over the past few weeks, with ETH failing to close decisively above it. Despite several intraday moves above $2,650, the price has yet to confirm a breakout. Looking at the broader structure, ETH remains in a consolidation range between $2,480 and $2,700 after posting an impressive rally from its April lows near $1,800. The 34-day EMA ($2,406) and the cluster of shorter-term SMAs are trending upwards, indicating that medium-term momentum still favors the bulls. Related Reading: Ethereum Pulls Back 10% But Holds Monthly Gains – Is The Next Pump Loading? Volume has been relatively stable but unremarkable, suggesting a lack of strong conviction from either side. A clean daily close above $2,700 could confirm a breakout and potentially open the door for a move toward $3,000. On the downside, if ETH fails to hold the $2,480 support zone, we could see a pullback to retest the 100-day SMA near $2,065. Featured image from Dall-E, chart from TradingView
Ethereum pushed above the $2,600 mark yesterday, signaling renewed momentum, but the rally lost steam as broader market uncertainty capped further gains. Despite this, ETH remains resilient, holding above critical demand levels that have supported its recent uptrend. Investors and analysts alike are watching closely, as Ethereum’s strength could be the catalyst that kicks off the long-anticipated altseason. Related Reading: Ethereum Supply On Exchanges Hits 7-Year Low – Breakout Loading? The broader crypto market remains in a cautious state due to macroeconomic volatility and shifting investor sentiment, but Ethereum’s ability to stay above $2,500 has helped maintain bullish conviction. Many are now eyeing the $2,650 level, which has historically acted as a barrier for upward moves. Top analyst Daan shared a technical analysis noting that ETH is currently pushing into a key resistance area around $2,650. If Ethereum can flip this zone into support, it could open the door for a more aggressive breakout and broader altcoin rally. While risks remain, the overall setup is increasingly favorable for Ethereum bulls, especially if Bitcoin stabilizes and global conditions don’t deteriorate further. The coming days may be pivotal in determining whether ETH can overcome this resistance and lead the next phase of the market cycle. Ethereum Faces Make-Or-Break Level As Speculation Builds Ethereum is once again trading at a pivotal level as the market eyes a potential breakout that could ignite an altseason. After months of underperformance marked by heavy selling pressure and limited upside, ETH has begun to show renewed strength. Bulls have defended key demand zones, and the recent consolidation around the $2,500–$2,600 range is now viewed as a launchpad for higher prices. Despite persistent global tensions, particularly US-China trade friction and rising Treasury yields, ETH has shown signs of resilience. Investors remain optimistic that Ethereum could soon outperform, especially as Bitcoin dominance shows signs of peaking. The long-anticipated shift in capital from BTC into altcoins may be near, and Ethereum is positioned to lead the charge. Daan highlighted Ethereum’s 4-hour chart, pointing to resistance around the $2,650 level as a crucial short-term hurdle. The chart reveals ETH grinding higher but unable, so far, to reclaim the level decisively. Should Ethereum successfully flip $2,650 into support, it would open the path toward $2,700 and potentially spark a bullish continuation. For now, bulls remain in control, but Ethereum needs to break through overhead supply to confirm the start of a new leg up. A decisive move above $2,700 could serve as the catalyst for both ETH and the broader altcoin market, marking a major sentiment shift across the crypto landscape. Related Reading: Ethereum Poised For A 5-Figure Breakout – Volatility Is Shaking ‘Weak Hands’ ETH Price Analysis: Rebound Gains Traction Ethereum is currently trading at $2,604 on the 4-hour chart after rebounding from a local low near $2,500. This recovery places ETH back above its 34-period EMA ($2,566) and all major short-term SMAs (50, 100, and 200), which suggests short-term bullish momentum is returning. However, price is still facing heavy supply just below the $2,650 resistance area, a level that has repeatedly rejected upward moves throughout the past month. The chart shows a clear horizontal range forming between approximately $2,500 and $2,700, with ETH unable to break either end decisively. Volume has remained relatively stable, indicating no strong conviction from bulls or bears yet. The recent bounce, though, marks a higher low, which could hint at a potential trend shift if followed by a higher high. Related Reading: Solana Reclaims Key Support After Sweeping Lows – Early Signs Of Reversal? As ETH approaches the upper bound of this range again, traders should monitor for a breakout above $2,650, which would confirm bullish continuation. Failing to clear this resistance could lead to another rejection back to $2,500 or the 200 SMA near $2,380. For now, Ethereum remains in consolidation mode, but price action is tilting slightly in favor of the bulls as long as support holds. Featured image from Dall-E, chart from TradingView
The Ethereum price action is raising red flags among analysts, with technical indicators pointing toward a potential crash to the $2,000 level. Despite experiencing a significant uptick recently following Bitcoin’s price surge, concerns continue to grow that a deeper correction may be unfolding. Ethereum Price Crash To $2,000 Imminent Based on a new report by Master Ananda, a TradingView crypto analyst, the Ethereum market is flashing warning signs as its price struggles below the critical resistance zone. At press time, Ethereum is trading at approximately $2,605 after being rejected from a local high of around $2,788. Related Reading: Ethereum Price At $8,000: Pundit Predicts Parabolic Run For ETH Ethereum’s 4-hour chart presented by Master Ananda shows that the top altcoin has likely completed a short-term top, and now a corrective move is in play. The analysis hints at a looming price crash, with technical forecasts suggesting a retracement toward the $2,000 level or lower before the next bullish impulse. The analyst’s bearish continuation thesis appears to be a high-probability setup, with Ethereum expected to revisit lower Fibonacci retracement levels. Notably, the chart reveals a subtle bearish divergence forming as the price pushed slightly higher in May but with diminishing momentum. This, in turn, created a rising resistance line while volume and price action failed to confirm new highs. Noticeably, Ethereum’s price has since broken below the 0.230 Fibonacci level, signaling the possible start of a broader correction phase. The next probable support areas lie at $2,280 (0.382 Fib), $2,085 (0.5 Fib), and most significantly, the $1,900 price point at the 0.618 Fib Retracement level. The highlighted green zones in Master Ananda’s chart represent potential support and buying areas, which point to the $1,900 to $1,735 (0.618-0.786 Fib) range as the most likely zone for a higher low to form. The previous major low occurred on April 7, and the expectation is that this correction will end above that level. Until then, a short-term correction remains the most likely scenario, and traders are warned to take caution as the chart further highlights a possibly more resounding crash to $1,385. ETH Trade Strategy: Buy The Dip And Go Long While sharing his bearish thesis for Ethereum, Master Ananda also provided a clear strategy for investors and traders. He advised long-term holders to wait patiently for the projected drop and assess the support reaction before looking for clear reversal signals. Related Reading: Crypto Trader Dumps XRP Holdings For Ethereum, Explains Why Buying into support zones like $1,900 or even as low as $1,736 could provide optimal entry points for long-term positions. While bears may still attempt to short the market, Master Ananda assures that the downside remains limited. The analyst emphasizes the importance of planning and avoiding impulsive trading by creating ideal entry and exit points while respecting the prevailing market trend. With Ethereum’s bullish outlook still intact, this projected price crash could become an opportunity for many traders instead of a threat. Featured image from Getty Images, chart from Tradingview.com
Ethereum is changing hands near $2,600 in midday European trading on 3 June, trimming minor overnight gains but still holding a six-week up-trend that began in late April. In a new video analysis, technical strategist Kevin (@Kev_Capital_TA) argues that the price plateau masks a structural shift now visible on every major Ethereum chart. “I’m seeing things that are so historical that I had to make a video about it—it just cannot be ignored,” he told viewers at the outset. Ethereum Flashes Bullish Setup Not Seen Since 2020 On the monthly ETH-USD chart, Kevin begins by zooming out to the monthly ETH-USD chart. The price, he reminds viewers, has “done nothing but trade in a massive range” ever since April 2021, masking the kind of compression that often precedes violent expansion. The tell-tale turn, in his view, came this April when Ethereum wicked into the $1,400 area only to reverse and close with a candle he labels a “massive demand candle.” That pattern, he notes, has appeared only twice before on a monthly ETH chart—each time after a major correction and each time followed by sustained upside. The May candle delivered confirmation: a 41% body that lifted price back above the long-term super-trend, an area many technicians had already written off as “guaranteed to break.” Related Reading: Ethereum Supply On Exchanges Hits 7-Year Low – Breakout Loading? What makes the structure “so historical,” Kevin argues, is the alignment of high-momentum indicators that rarely fire together. The monthly stochastic RSI is about to execute what he calls a “V-shaped cross” out of oversold territory; the last clean cross marked the 2020 macro bottom. The MACD histogram, meanwhile, has been compressing into what he likens to a symmetrical triangle that has taken four years to complete, signalling “coiled energy” that can only resolve in a large directional move. Even on-chain money-flow readings, he says, are “tied for the lowest level in history—but already reversing,” implying that deep-pocketed holders have begun to accumulate while retail sentiment remains subdued. Kevin then pivots to the dominance metrics that, in his framework, dictate whether a move in Ethereum can spill over into the broader altcoin market. On Ethereum-dominance he pulls up Heikin-Ashi candles to show the first green print in more than a year exactly at the zone that formed the 2019–20 base. “We’re at the same spot ETH dominance bottomed in 2019,” he says, pointing to a series of demand candles that mirror the pre-bull-run pattern of the last cycle. A Market Cipher buy signal has just appeared, the VWAP has crossed the zero line, and money flow is curling up from all-time-low depths. In Kevin’s view, the implication is clear: “Whales are starting to accumulate, and nobody is paying attention.” Related Reading: Ethereum Price At $8,000: Pundit Predicts Parabolic Run For ETH The ETH/BTC ratio completes the trifecta. Here Kevin shows the pair tagging the 0.5 Fibonacci retracement of the entire 2020-21 advance, printing its own demand candles and flipping green on the Heikin-Ashi readout. More striking to him is the monthly stochastic RSI, which has spent 1,066 days—almost three full years—below the 20 threshold that traditionally marks bear-market exhaustion. “It’s game time,” he declares. “This thing is getting ready to cross back up, and the negativity on ETH is happening right under everyone’s nose.” Underlying the technical case is a macro backdrop Kevin believes is becoming incrementally supportive. “You don’t actually need the Fed to cut,” he tells viewers. “We just need guidance—looser policy on the horizon, decent inflation prints—and Ethereum will do the rest.” Historically, he argues, a decisive rotation in ETH has been the trigger for what he calls “durable altcoin outperformance,” because it signals that risk capital is migrating down the market-cap spectrum. In that sense, a true Ethereum breakout is less a single-asset story than a signal for an entire sector. Sceptics will note that Ethereum still faces heavy resistance in the $2,800–3,000 zone and that previous rallies have stalled at that ceiling. Kevin concedes the level is critical but insists the weight of monthly signals makes a sustained breach increasingly likely. “These are monthly timeframes,” he cautions. “They don’t play out overnight, but the evidence says the multi-year bear market in ETH-BTC is ending.” At press time, ETH traded at $2,607. Featured image created with DALL.E, chart from TradingView.com
Ethereum has been one of the top-performing crypto assets since early April, rallying more than 100% from its cycle lows near $1,600 to a recent high above $2,700. This sharp recovery positioned ETH as a leader in the broader market’s bullish trend, even sparking renewed discussions around a potential altseason. Related Reading: Ethereum Bulls Defend Support – Key Indicator Hints At Short-Term Rally However, momentum now appears to be fading. Over the past week, ETH has struggled to break above key resistance levels, and selling pressure is beginning to mount as global macroeconomic conditions grow increasingly uncertain. Despite these headwinds, one key on-chain signal suggests long-term confidence remains strong: data from Glassnode reveals that Ethereum’s supply on centralized exchanges has dropped to its lowest level in seven years. This trend, typically interpreted as a sign of reduced selling pressure, indicates that investors may be increasingly moving ETH to self-custody wallets, possibly in anticipation of further upside. As ETH flirts with critical support levels, this deep reduction in exchange supply could act as a stabilizing force, reinforcing the asset’s long-term bullish case amid short-term uncertainty. Ethereum Faces Key Breakout Test As Supply On Exchanges Plunges Ethereum is currently trading at a critical juncture, consolidating around the $2,500 mark after a strong rally that began in early April. Many investors believe this consolidation phase could be the calm before a breakout, potentially pushing ETH into new highs and setting the stage for a broader altseason. The recent pullback has been orderly so far, with price action respecting major support zones, and market participants remain cautiously optimistic. Despite persistent global tensions—including rising US Treasury yields and continued trade uncertainty between the US and China—Ethereum’s fundamentals appear to be strengthening. One of the most bullish signals comes from top analyst Quinten Francois, who highlighted on-chain data showing that Ethereum’s supply on centralized exchanges has now fallen to its lowest level in seven years. This development is critical because it signals a deep reduction in potential sell-side pressure. When fewer coins are available on exchanges, it typically indicates that investors are moving their holdings to long-term cold storage rather than preparing to sell. In the past, such shifts have often preceded major price surges. If demand increases while supply remains limited, the market could face a supply shock, fueling a rapid move to the upside. This setup has led analysts and traders to watch Ethereum closely, as it continues to form a base just below key resistance around $2,700. A confirmed breakout above this level, paired with the shrinking supply on exchanges, could trigger aggressive buying and potentially kick off a new phase of bullish momentum. With confidence building and long-term fundamentals improving, Ethereum’s current consolidation might just be the final pause before a major leg higher. Related Reading: Solana Reclaims Key Support After Sweeping Lows – Early Signs Of Reversal? ETH Holds Crucial Support Amid Market Pullback Ethereum (ETH) is currently trading around $2,484, showing signs of consolidation after several attempts to break through the $2,700 resistance zone. On the 4-hour chart, price action reveals a gradual decline from recent highs, with lower highs forming and ETH slipping below the 34 EMA ($2,557). This breakdown below the short-term moving averages suggests weakening momentum, while the price now hovers just above the 100 SMA ($2,559), a level that has acted as dynamic support in previous retracements. Volume has also decreased slightly during this pullback, indicating that the recent selling may lack strong conviction. However, if ETH fails to reclaim $2,550 in the next few sessions, bearish momentum could accelerate toward the 200 SMA at approximately $2,358. Related Reading: Solana Flashes Buy Signal – $159 Support Key For Rebound On the bullish side, this consolidation above $2,450 continues to show resilience, especially given the macroeconomic backdrop and market-wide volatility. If Ethereum can hold this range and reclaim the 34 EMA with strong volume, it could stage a rebound and retest the $2,650–$2,700 zone, a critical level for a breakout. Featured image from Dall-E, chart from TradingView
Crypto pundit Crypto GEM has provided an ultra-bullish outlook for the Ethereum price, predicting that it could reach a new all-time high (ATH) this market cycle. Based on his prediction, ETH could record a 3x gain as it makes this parabolic run. Ethereum Price To Rally To $8,000 In an X post, Crypto GEM declared that the Ethereum price will go parabolic this cycle, predicting that it can reach as high as $8,000. His accompanying chart showed that ETH can reach this target by July 2026. Crypto analyst Mikybull Crypto has also stated that his targets for ETH in this cycle are between $8,000 and $10,000. Related Reading: Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’ In a recent analysis, Mikybull Crypto revealed that the current Ethereum price was showing a similar price action to the 2017 market cycle. Based on this similarity, he remarked that ETH might pull a higher price target to at least $8,000. Despite the altcoin’s underperformance in this cycle, the analyst has been one of those who have been confident that it will still record a parabolic rally in this bull run. In the short term, Mikybull Crypto predicts that the Ethereum price can rally above $3,000. In an X post, he stated that ETH is still coiling up within the ascending triangle. He added that the target is $3,200 on this potential breakout. He again reaffirmed this prediction in another X analysis. The analyst claimed that the same formation is playing out in a different scenario and remarked that market participants should prepare for a “melt-up.” His accompanying chart showed that the Ethereum price could even rally above $3,600 on this run-up. This would put ETH close to the psychological $4,000 price, which could pave the way for the run to a new all-time high (ATH). ETH Eyes $3,800 As Bull Flag Forms In an X post, crypto analyst Titan of Crypto predicted that the Ethereum price could rally to $3,800 as a bull flag forms. He stated that ETH just broke out and that this bullish pattern is playing out. If confirmed, the analyst remarked that the next target sits around $3,800. This is just an intermediate target as Titan of Crypto expects Ethereum to rally higher in the long run. Related Reading: Ethereum Founder Pushes ETH As Cash-Substitute, Can This Drive Price Above $4,000? Like Crypto GEM and Mikybull Crypto, the analyst also believes that the Ethereum price can reach $8,000 at some point. In an X post, Titan of Crypto highlighted Ethereum’s market structure and potential targets. The first target for ETH is just above $5,000, the second is just above $7,000, and the third target is $8,500. At the time of writing, the Ethereum price is trading at around $2,500, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Ethereum is trading just below the $2,500 mark, struggling to reclaim higher ground as bearish momentum picks up across the broader crypto market. After repeated failed attempts to break past resistance, ETH now sits under heavy selling pressure, raising concerns about a deeper correction. Bulls appear to be losing control as overall market sentiment weakens amid global economic uncertainty and the persistent weight of rising US Treasury yields. Some market participants are now bracing for a significant downturn if Ethereum fails to hold above key demand zones. Related Reading: Solana Reclaims Key Support After Sweeping Lows – Early Signs Of Reversal? However, not everyone is turning bearish. Some prominent analysts maintain a highly bullish long-term view, arguing that Ethereum still has significant upside this cycle. According to Ted Pillows, Ethereum could reach $10,000 before the cycle ends. From his perspective, current price action represents a temporary dip rather than a trend reversal, and accumulating during weakness is the smarter move for long-term investors. While short-term uncertainty dominates headlines, long-term conviction remains strong among Ethereum supporters who point to rising institutional interest, declining exchange supply, and the overall maturing of the Ethereum ecosystem as reasons to stay optimistic. For now, ETH’s position just under $2,500 sets the stage for a critical test in the days ahead. Ethereum Analysts Eye Breakout Potential Ethereum is currently testing a crucial support level at $2,500 after repeatedly reaching the $2,700 resistance over the past few weeks. This zone has proven difficult to break, but bulls are still holding the line. If ETH manages to reclaim the upper range and close above it, analysts believe it could ignite the altseason the market has been waiting for. Despite Ethereum’s underperformance over the past year, marked by a lack of sustained momentum and significant selling pressure, the recent price action suggests a shift. Over the past few weeks, ETH has entered a more bullish phase, supported by increasing on-chain activity and stronger demand. Some analysts remain firmly bullish. Ted Pillows, for example, has projected that Ethereum is headed above $10,000 this cycle. While short-term volatility may cause concern, long-term conviction remains strong. For many investors, the message is clear: embrace the dips, accumulate strategically, and avoid panic selling. Technical sentiment across the board is turning cautiously optimistic. Market watchers point to Ethereum’s resilience at the $2,500 level as a sign of building strength. If this support holds and bulls step in with volume, the breakout above $2,700 could be swift and aggressive. Related Reading: Ethereum Pulls Back 10% But Holds Monthly Gains – Is The Next Pump Loading? ETH Tests Key Support As Bulls Defend $2,500 Ethereum is currently trading around $2,488 after a 2% daily drop, showing continued weakness below the crucial $2,700 resistance zone. The chart highlights a clear consolidation range forming since early May, with ETH repeatedly failing to close above the 200-day SMA, currently around $2,680. This long-term moving average is acting as a significant barrier, preventing any breakout momentum from gaining traction. Support remains at the lower boundary of the range near $2,470–$2,500, where buyers have consistently stepped in to absorb selling pressure. This area coincides with the 34-day EMA at $2,386 and the 100-day SMA just below current levels, forming a dense cluster of technical support. However, volume has been declining, suggesting that neither bulls nor bears have clear control. If Ethereum loses the $2,470 level decisively, the next key area to watch lies near $2,300, where the 50-day SMA could act as a cushion. Related Reading: Solana Flashes Buy Signal – $159 Support Key For Rebound Conversely, reclaiming $2,700 with strength could signal the beginning of a larger move to the upside. Until then, ETH remains stuck in a range, and traders will be watching closely for a decisive break—up or down to define Ethereum’s next major trend. Featured image from Dall-E, chart from TradingView
Ethereum is holding strong above the $2,500 level, showing resilience as the broader crypto market undergoes a healthy pullback. Despite recent volatility, ETH continues to trade within a bullish structure, fueling optimism that it could lead the next leg of the market’s rally. Analysts are closely watching Ethereum’s price action, calling for a potential breakout that might set the tone for an anticipated altseason. Related Reading: Solana Flashes Buy Signal – $159 Support Key For Rebound Top analyst Ted Pillows shared key insights, noting that Ethereum is down just 10% from its local highs, yet up nearly 50% this month alone. This strong monthly performance is a clear indication that Ethereum remains in an uptrend, even as short-term corrections occur. According to Pillows, this kind of price behavior—holding steady while the market resets—often precedes aggressive moves, particularly if Ethereum can reclaim higher resistance levels in the coming days. With Bitcoin consolidating below its all-time highs and market participants eyeing renewed capital rotation into altcoins, Ethereum is well-positioned to act as a catalyst. A decisive move above $2,700 could validate the bullish outlook and trigger broader momentum across the altcoin market. For now, Ethereum’s relative strength continues to stand out amid market uncertainty. Ethereum Uptrend Holds Firm Despite Global Tensions Ethereum is facing a pivotal test as it continues to trade within a tight range since May 10th, hovering between key support and resistance zones. While macroeconomic uncertainty weighs heavily on traditional markets—driven by rising US Treasury yields and geopolitical tensions—Ethereum has shown impressive resilience. Bulls remain confident that ETH has room to push higher, supported by strong fundamentals and improving investor sentiment. Pillows highlights that despite a recent 10% pullback from local highs, Ethereum is still up nearly 50% this month. This sharp monthly gain clearly indicates that ETH remains in a strong uptrend, even as volatility tests short-term conviction. The fact that ETH has maintained higher lows throughout this range-bound structure reinforces the idea of accumulation, not distribution. Beyond price action, on-chain and institutional signals point toward sustained demand. ETF inflows for Ethereum have begun to pick up, albeit at a slower pace than Bitcoin’s. However, due to Ethereum’s smaller market cap, these flows have a more pronounced impact. Additionally, multiple firms are reportedly raising over $1 billion to acquire ETH, signaling long-term confidence in the asset’s role in the evolving digital economy. Pillows sees the stage set for Ethereum’s next major leg up. If the $2,700–$2,850 resistance zone is broken with conviction, it could trigger a strong rally that positions ETH as a leader in a potential altseason. For now, Ethereum’s steady hand in turbulent times is a bullish signal in itself. Related Reading: Ethereum Bulls Defend Support – Key Indicator Hints At Short-Term Rally Ethereum Weekly Chart Holds Firm Ethereum is showing resilience on the weekly chart, trading at $2,509 after reaching a high of $2,789 earlier in the week. While the price has pulled back slightly, it remains firmly above the 200-week SMA ($2,452) and the 34-week EMA ($2,498), which is a strong sign of underlying bullish structure. This area is now acting as solid support after ETH’s 50% rally off the April lows. What’s technically notable is that ETH is challenging the underside of the 100-week and 50-week SMAs, both of which have previously acted as resistance throughout this cycle. A close above $2,725 would mark a significant shift in trend, confirming bullish continuation and opening the door for a test of the $3,000–$3,200 zone. Related Reading: Ethereum Pulls Back To 20DMA After $2,700 Rejection: Testing Strength At Key Support Volume has slightly decreased from the breakout candle three weeks ago, suggesting consolidation rather than weakness. Bulls want to see ETH reclaim the $2,725 level with conviction to spark momentum. Until then, the current structure favors a slow grind higher unless macro volatility accelerates. Featured image from Dall-E, chart from TradingView
Ethereum is trading near a crucial support zone as the entire crypto market undergoes a retracement phase. After days of bullish momentum, ETH now hovers around the $2,550 level—a line that could determine the short-term trajectory. Despite the pullback, Ethereum remains relatively strong compared to other assets, showing signs that bulls still maintain control of the structure. Related Reading: Ethereum Pulls Back To 20DMA After $2,700 Rejection: Testing Strength At Key Support However, risks are rising. If Ethereum loses this key demand zone, bearish pressure could intensify and trigger further downside across the altcoin market. Investors are watching closely as ETH tries to stabilize after multiple attempts to reclaim higher levels in recent weeks. Top analyst Ali Martinez shared a technical signal that could offer hope for bulls. According to Martinez, if ETH manages to hold above $2,550, the TD Sequential indicator on the 4-hour chart is flashing a buy signal, pointing to a potential rebound toward $2,650. This aligns with the idea that consolidation near strong demand often leads to upside continuation if momentum holds. Ethereum Builds Strength Amid Uncertainty Ethereum is holding up well despite widespread market volatility, trading confidently above the $2,400 level. The asset continues to show strength as it consolidates within a key demand zone, positioning itself for a potential move higher. This resilience is drawing the attention of analysts, many of whom believe ETH is preparing for an impulsive breakout that could ignite a broader altseason. While the technical outlook remains constructive, global tensions continue to shape investor sentiment. The ongoing trade friction between the US and China, combined with rising US Treasury yields, is injecting uncertainty into the macroeconomic landscape. These systemic risks have the potential to disrupt financial markets, but so far, cryptocurrencies—especially Bitcoin and Ethereum—have remained relatively firm. Martinez shared a technical setup that could validate the bullish thesis. According to Martinez, Ethereum is flashing a TD Sequential buy signal on the 4-hour chart, signaling a likely rebound if ETH continues to hold above $2,550. This would position the asset for a move toward $2,650—a level that could confirm bullish momentum and bring altcoins back into focus. If Ethereum can maintain its current support and break through immediate resistance, it could serve as a spark for renewed optimism across the crypto sector. Related Reading: Ethereum Daily Gas Usage Hits New Highs – Real Demand Powers ETH Growth Bulls Face Key Support After Breakdown Below $2,550 Ethereum is under pressure as it drops below the $2,550 support level, now trading around $2,493. On the 4-hour chart, ETH has clearly lost momentum, slipping below the 34 EMA ($2,608) and also breaking beneath the 50 and 100 SMAs—levels that previously acted as support during consolidation. The recent rejection from the $2,800 range triggered a sharp correction, with increasing volume suggesting strong selling activity. The next key area to watch is around $2,450, which aligns with previous consolidation zones and could serve as short-term support. If this level fails to hold, ETH could retest the 200 SMA near $2,300, a crucial level that also lines up with early May breakout levels. Related Reading: Ethereum Spot Premium Signals Strength – $2,800 Resistance In Focus Despite the pullback, Ethereum remains within a broader uptrend. A reclaim of the $2,550–$2,600 zone could restore bullish momentum and set the stage for another attempt at the $2,700–$2,800 resistance range. The TD Sequential buy signal, previously active above $2,550, has now been invalidated, signaling caution for traders. All eyes are now on the bulls to see if they can defend this region and reset the short-term structure for a rebound. Featured image from Dall-E, chart from TradingView
Ethereum is showing renewed strength as it consolidates above the $2,500 mark, signaling resilience in the face of broader market volatility. After several weeks of testing the $2,700 region, ETH remains within striking distance of this critical resistance, keeping bullish momentum alive. Market sentiment has shifted in Ethereum’s favor, with analysts and investors increasingly pointing to the possibility of an upcoming altseason. Related Reading: Altseason Loading? Analyst Explains How FTX $5B Distribution May Trigger The Next Bull Leg Top analyst Big Cheds shared a technical breakdown, noting that ETH is currently back to a key moving average after flexing a move above the $2,700 range. This move aligned with the underside of a key resistance level, forming a confluence zone that could act as a springboard or rejection point in the days ahead. While Bitcoin consolidates just under its all-time high, Ethereum appears to be gaining traction as traders look for opportunities beyond BTC. With ETH holding higher lows and establishing a steady base, a breakout above the $2,700–$2,800 range could confirm a broader market rotation into altcoins. For now, bulls must maintain control above $2,500 to keep the structure intact and fuel hopes of a move higher. Ethereum At A Pivotal Level As Bulls Defend Support Ethereum is facing a crucial test as it struggles to reclaim higher prices and confirm a sustained uptrend. After multiple attempts to break above the $2,700 resistance zone, the price has been met with volatility, creating a choppy environment that reflects broader uncertainty in the crypto market. Despite this, analysts remain optimistic about Ethereum’s prospects, especially as altseason chatter grows louder. Cheds recently shared a key insight: Ethereum is now back at its 20-day moving average (DMA) after briefly surging above the $2,700 range. This push met the underside of the 200-day simple moving average (SMA), creating a confluence zone that could act as the launchpad for the next rally, or the line in the sand that decides short-term direction. Holding this DMA support is critical. If bulls defend this level, it could signal renewed strength and spark a breakout that sends ETH back toward $3,000 and beyond. Amid rising speculation and technical pressure, Ethereum’s current structure still leans bullish. It’s maintaining higher lows and continues to show signs of accumulation, which supports the thesis of a possible altseason in the near future. If BTC stabilizes and ETH clears resistance, the entire market could shift upward rapidly. Related Reading: Ethereum Tests Key Weekly Resistance – Analyst Sets $4K Target If ETH Breaks Out Ethereum Tests Support At Key Short-Term Levels Ethereum is consolidating on the 4-hour chart as it hovers around $2,614, following a minor pullback from the $2,780 local top. The chart shows ETH retesting the 34-period EMA (currently near $2,624) and finding short-term support along the confluence of the 50 and 100-period SMAs. These moving averages are acting as a dynamic support band that has held firm during previous retracements in May. The structure remains bullish overall, with higher lows maintained since the breakout on May 9. However, the current price action is forming a tightening wedge pattern, which suggests that a breakout—either up or down—is imminent. Volume has been declining slightly, indicating a potential pause before a decisive move. Related Reading: Ethereum Spot Premium Signals Strength – $2,800 Resistance In Focus For bulls, holding above the $2,580–$2,600 zone is critical. A clean bounce from here could set up another attempt to break the $2,700–$2,800 resistance area. On the flip side, a break below the 100 SMA could expose ETH to a deeper retracement toward $2,500 or even the $2,400 zone if selling pressure accelerates. Featured image from Dall-E, chart from TradingView
Ethereum is experiencing increased volatility as it consolidates just below the key $2,700 resistance level. Despite several attempts to break above it in recent weeks, ETH has yet to secure a daily close above this threshold, making it a crucial battleground for bulls and bears alike. The broader market remains uncertain, but Ethereum’s fundamentals continue to show strength beneath the surface. Related Reading: Ethereum Tests Key Weekly Resistance – Analyst Sets $4K Target If ETH Breaks Out Top analyst Ted Pillows shared compelling insights on X, highlighting that Ethereum’s daily gas usage has been climbing steadily since 2016. This long-term rise suggests that Ethereum’s network activity is not just driven by short-term speculation or hype, but by real and growing demand. It’s a sign that users, developers, and applications are increasingly relying on ETH as the backbone of Web3 infrastructure. Ethereum’s ability to maintain this level of on-chain usage through bear and bull markets reinforces its role as the foundation of decentralized finance, NFTs, and smart contracts. While short-term price action remains capped below $2,700, the underlying demand tells a bullish story. If ETH can break above this level with conviction, it may signal the beginning of a broader move to retest higher resistance levels. Ethereum Fundamentals Are Strong As It Prepares For A Move Ethereum is facing a critical test as it consolidates below major resistance, struggling to reclaim key levels above the $2,700 mark. Bulls have maintained strong support over the past few sessions, but momentum has yet to trigger a breakout. As global tensions remain high and US Treasury yields continue to rise, risk assets—including cryptocurrencies—are under pressure. However, Ethereum appears poised for an expansive move, with technical and on-chain data supporting a potential breakout. Pillows highlighted that Ethereum’s daily gas usage has continued to climb steadily since 2016, reinforcing the view that ETH demand is structural and not just a product of market hype. This metric serves as a proxy for real activity on the Ethereum network, suggesting that despite short-term price hurdles, usage and value creation persist. Pillows believes this persistent demand positions ETH for a strong recovery once key technical levels are breached. Sentiment across the broader crypto space is gradually shifting bullish, especially with Bitcoin hovering near its all-time high. If Ethereum can reclaim and close above the $2,700–$2,800 resistance zone, it could open the door for a sharp rally toward $3,000 and beyond. Related Reading: Ethereum Spot Premium Signals Strength – $2,800 Resistance In Focus ETH Consolidates Below Key Resistance Ethereum is currently trading at $2,617, consolidating just below the critical $2,700–$2,800 resistance zone. This area has acted as a major barrier since early February, and despite several breakout attempts, ETH has failed to close above it with strong conviction. The chart shows a clear bullish structure, with the price holding above key moving averages: the 34 EMA at $2,366, and the 50, 100, and 200 SMAs all trending upward and providing layered support between $2,070 and $2,690. The recent consolidation comes after a strong rally in May that pushed ETH above its 200-day SMA for the first time in months, signaling a major shift in momentum. However, volume has started to taper off slightly, which could indicate hesitation from bulls at current levels. A decisive daily close above $2,800 would likely confirm the breakout and open the door for a move toward the $3,000–$3,200 range. Related Reading: Altseason Loading? Analyst Explains How FTX $5B Distribution May Trigger The Next Bull Leg Until then, the price remains range-bound, with $2,550 acting as near-term support. If ETH can maintain this level and continue forming higher lows, the bullish thesis remains intact. All eyes are now on whether Ethereum can break through the ceiling that has capped it for weeks, and potentially kickstart a broader altcoin rally. Featured image from Dall-E, chart from TradingView
Ethereum is taking the lead in the crypto market as Bitcoin continues to consolidate near its all-time highs. After months of lagging behind BTC, ETH is now making a strong move, with bulls pushing price action toward the critical $2,800 resistance. This level, which has consistently capped upside momentum since early February, now stands as the key battleground for Ethereum’s next major leg. Related Reading: Altseason Loading? Analyst Explains How FTX $5B Distribution May Trigger The Next Bull Leg Market sentiment has shifted as Ethereum shows signs of reclaiming dominance, driven by renewed spot demand and strengthening technicals. Top analyst Ted Pillows has weighed in on the rally, emphasizing the importance of the $2,850 mark. According to Pillows, this is the most significant resistance Ethereum has faced in this cycle, and breaking through it could unlock a powerful move toward $3,000 and beyond. Momentum has been building steadily over the past few weeks, and ETH’s recent resilience against macroeconomic pressure is adding to the conviction. If bulls manage to flip this resistance into support, it could mark the beginning of a broader altcoin surge. For now, all eyes are on Ethereum as it flirts with a breakout that could reshape market dynamics heading into June. Ethereum Eyes Expansion Phase Amid Shifting Global Dynamics Ethereum is positioning itself for a potentially expansive move as both technical indicators and market sentiment continue to align in its favor. After weeks of consolidation and steady gains, ETH is now testing the $2,850 resistance—a level that has held price down since February. The setup suggests that Ethereum is not only regaining momentum but could also lead the next phase of the crypto rally. While the crypto market gains traction, broader macroeconomic forces are reshaping investor behavior. A recent decision by the U.S. Federal court to strike down former President Trump’s tariffs on various countries has created fresh uncertainty across global markets. This policy reversal could introduce volatility in traditional finance, as trade dynamics shift and new fiscal responses take shape. Despite this uncertainty, Ethereum appears to be thriving. There’s a view that crypto assets like ETH could perform well under tight economic conditions, and current price action supports that view. ETH is showing resilience, supported by growing spot demand, a bullish structure, and rising investor confidence. Pillows highlighted in his latest analysis that if Ethereum reclaims the $2,850 level in the coming sessions, the path to $4,000 will open quickly. This would represent a major breakout and likely trigger a wave of capital rotation from Bitcoin and stablecoins into altcoins. For now, ETH remains just below a breakout point. If bulls can push decisively above resistance, it would confirm the start of an expansionary move that could reshape the broader market, positioning Ethereum as a leading force in the next phase of the cycle. Related Reading: Dogecoin Flashes Buy Signal – Key Indicator Hints At Rebound ETH Reclaims Weekly Key Levels Ethereum is showing renewed strength on the weekly chart, currently trading at $2,728.36 after reaching a high of $2,789.50. This move marks a significant recovery from recent lows near $1,600 and confirms the formation of a strong uptrend. ETH has now reclaimed the 34-week EMA at $2,511.42 and is pushing above the 100-week SMA at $2,605.71. These moving averages now act as dynamic support levels, reinforcing bullish sentiment. The next critical level to watch is the 50-week SMA, currently sitting at $2,729.64, just slightly above the current price. A confirmed weekly close above this level would mark the first time ETH has sustained strength above it since late 2023. That could open the door for a push toward the $3,200–$3,600 zone, with $4,000 in sight if momentum accelerates. Volume has also picked up on this recent move, signaling healthy participation from buyers. Historically, similar recoveries from major moving average clusters have preceded expansive legs in Ethereum’s price. Related Reading: Ethereum Nears Critical Price Level – Reclaiming $3,000 Would Spark A Market-Wide Rally As long as ETH maintains this structure and closes the week above $2,700, bulls are likely to retain control. The breakout above $2,850—last defended in early 2024—remains the final hurdle before Ethereum can challenge prior cycle highs. Featured image from Dall-E, chart from TradingView
Ethereum is showing signs of renewed strength as it continues to trade above the $2,700 level, reaching as high as $2,790 in recent hours. The price action has energized the market, with many analysts now calling for a major breakout that could not only lift ETH further but also trigger the long-awaited altseason. Related Reading: Altseason Loading? Analyst Explains How FTX $5B Distribution May Trigger The Next Bull Leg While Bitcoin has led the rally for most of the year, Ethereum appears to be catching up. According to top analyst Daan, the ETH spot premium remains firm, signaling sustained demand even in the absence of ETF-level inflows. “It doesn’t have as many ETF inflows as BTC does,” Daan noted. This relative strength, combined with growing optimism around altcoins, is fueling speculation that Ethereum could soon test—and possibly break—critical resistance levels. With sentiment turning bullish across the market and ETH gaining momentum, all eyes are now on whether it can push past key resistance and lead the charge into a broader altcoin breakout. The coming days could prove pivotal as Ethereum sets the tone for the next phase of crypto market expansion. Ethereum Tests Critical Resistance As It Faces A Pivotal Moment Ethereum is now confronting what many analysts consider the most important resistance level of the current cycle. The zone between $2,700 and $2,800 has become the battleground for ETH’s next major move. A successful breakout could trigger a run toward all-time highs, while rejection may lead to a healthy—but deeper—retracement. Global macro conditions are adding weight to this moment. Rising U.S. Treasury yields and persistent inflation continue to rattle traditional markets, increasing systemic stress. Yet, in this uncertain environment, Ethereum and Bitcoin have shown resilience, suggesting that investors are increasingly viewing them as alternatives or hedges against traditional financial risks. Daan shared insights reinforcing this bullish outlook. According to his analysis, the ETH spot premium remains firm despite lacking the ETF-driven inflows seen with Bitcoin. ETH doesn’t require as much inflow relative to its market cap to sustain bullish momentum. However, the $2,800 level remains a significant barrier. It represents a key inflection point for Ethereum’s price action and overall market sentiment. The coming days are crucial, as Ethereum’s ability to either break above or get rejected at this resistance could shape the altcoin market’s direction for the rest of the quarter. Related Reading: Dogecoin Flashes Buy Signal – Key Indicator Hints At Rebound ETH Price Analysis: Testing Key Liquidity Levels Ethereum is currently trading at $2,731 on the 4-hour chart, showing strong bullish momentum as it tests the key $2,800 resistance level. After weeks of consolidation between $2,500 and $2,700, ETH has broken out with conviction, riding higher moving averages and increased volume. The 34 EMA at $2,622 and the 50 SMA at $2,598 continue to act as dynamic support, confirming the strength of the uptrend. This breakout attempt follows a long period of compression, where ETH built a base of higher lows. Price has now surged to challenge a major resistance zone that has historically capped upward momentum. If bulls manage to flip this level into support, it could open the door to a sharp move toward $3,000 and higher. Related Reading: Solana Funding Rates Turn Negative – Early Sign Of Selling Pressure? Volume has picked up on the most recent push, a positive sign that buyers are stepping in with more confidence. Still, traders should watch closely for potential rejection or profit-taking at this key zone. If Ethereum fails to break and hold above $2,800, a short-term pullback toward the 34 EMA could follow. Featured image from Dall-E, chart from TradingView
Ethereum is trading above $2,600 after a volatile stretch that saw bulls regain momentum and push the price into a key resistance zone. The recent rebound has brought renewed optimism to the market, with ETH now flirting with a potential bullish continuation. Still, the path forward remains uncertain, as analysts warn of a possible retracement before any major breakout can take shape. Related Reading: Bitcoin UTXO Signal Approaches 99% Level – Bullish Signal Or Profit-Taking Setup? Over the past few days, ETH has shown strength, bouncing off local support and reclaiming short-term moving averages. This move has shifted sentiment, but it hasn’t been enough to fully escape the risk of a short-term pullback. Some market watchers argue that a healthy retrace from current levels would be normal before any sustainable rally above resistance. Top analyst Jelle added to the conversation with a simple but compelling insight: “If ETH goes back above $3,000, the real fun begins.” The $3,000 level has acted as a psychological and technical barrier throughout this cycle, and reclaiming it would likely ignite broader market momentum. Ethereum Leads Altcoins As $3,000 Becomes The Key Battleground Ethereum is showing notable strength among altcoins, leading the market with renewed momentum as bulls continue to push for a new bullish phase. After reclaiming the $2,600 level, ETH has been steadily building support and gaining traction, setting the stage for what many analysts believe could be the beginning of a broader altcoin resurgence. However, for a true altseason to materialize, Ethereum must first reclaim and hold above the $3,000 level. This threshold is more than just a psychological milestone—it has historically acted as a pivot for strong market-wide rallies. Many experts agree that ETH needs to break through this resistance to confirm leadership and spark confidence across the altcoin sector. Hope remains high, particularly among analysts who see Ethereum following Bitcoin’s lead. As BTC continues to test its all-time highs, some believe that once its current bullish impulse cools off, capital will rotate into ETH and other large-cap altcoins. This rotation could serve as the ignition point for a market-wide rally. Jelle supports this view, stating that if Ethereum reclaims $3,000, a bullish impulse will take place. According to his analysis, a confirmed breakout above this level would mark the start of a powerful continuation phase, likely sending ETH quickly toward $3,400 and beyond. Until then, Ethereum remains in a critical position—strong enough to lead, but still facing key resistance. If bulls maintain momentum and reclaim $3,000 with conviction, the stage will be set not only for Ethereum’s next leg up but for a full-scale altseason across the market. The coming days could prove decisive. Related Reading: Solana Bulls Watch The $190 Level – ATHs Back In Sight? ETH Consolidates Below 200-Day SMA Ethereum (ETH) is currently trading at $2,634 on the daily chart, consolidating just below a key resistance zone marked by the 200-day SMA at $2,699.60. After a sharp move up earlier in May, ETH has entered a sideways structure, with bulls defending the $2,500–$2,600 zone while attempting to break above the $2,700 level. Price action shows a tightening range, often a precursor to a breakout or breakdown. ETH is holding above the 34-day EMA ($2,513) and all shorter-term moving averages (50- and 100-day SMAs), signaling that bullish momentum remains intact in the short to mid-term. The fact that Ethereum is consolidating above key support levels rather than correcting sharply is a constructive sign for bulls. Volume remains relatively stable during this phase, suggesting neither buyers nor sellers have fully committed yet. A clean daily close above the 200-day SMA with volume could trigger the next bullish impulse, targeting the psychological $3,000 level. Related Reading: Bitcoin Profit-Taking Remains Healthy – Data Shows No Signs Of Overheating However, failure to break resistance may result in a temporary pullback toward the $2,450–$2,500 support area. Ethereum holds a bullish posture for now, but confirmation is needed to sustain upside continuation. The coming days will be key in defining ETH’s next directional move. Featured image from Dall-E, chart from TradingView
Ethereum 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