Ethereum and the broader crypto market experienced a small but notable pump yesterday, reigniting hopes of a potential trend reversal after weeks of sustained selling pressure. As market uncertainty intensifies, driven largely by global economic tensions and geopolitical strain between the US and China, investors are closely watching for signs of a breakout.

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Despite the headwinds, analysts are starting to shift their tone. Some believe that the worst may be behind for Ethereum and that a strong move to the upside could be brewing. One of the most vocal among them is top analyst Carl Runefelt, who shared a bold outlook, suggesting that Ethereum “might go absolutely parabolic starting from here.” His analysis suggests that ETH is poised to break out from a daily descending trendline, which could serve as a key technical signal indicating va shift in momentum in favor of the bulls.

As Ethereum holds above critical support levels and inches closer to a potential trend reversal, traders and investors are now watching closely for follow-through confirmation. If volume and sentiment continue to build, this could be the beginning of a significant rally — one that may reset expectations for the rest of the cycle.

Ethereum Eyes Recovery Amid Rising Global Tensions

Global tensions and macroeconomic uncertainty continue to weigh heavily on investor sentiment, with the ongoing trade war between the US and China sending shockwaves through equities and high-risk assets. In the midst of this fragile backdrop, Ethereum has managed to find a solid support level around $1,500 and is now attempting to reclaim higher ground. After weeks of selling pressure that erased bullish expectations for the year, ETH is showing early signs of recovery.

Ethereum’s current price structure has become a focal point for market participants. The recent bounce from $1,500 marks a potential higher low, a technical setup often associated with trend reversals. If ETH can successfully push above the $1,700 mark and break the descending trendline, it could spark renewed momentum for bulls.

Runefelt shared an optimistic view, stating that Ethereum could go up really fast from here. According to his analysis, the next key price target sits at $3,000, assuming a confirmed breakout above short-term resistance levels.

Despite continued global risks, the Ethereum network remains fundamentally strong, with growing adoption in DeFi and real-world assets. If the breakout materializes and broader market sentiment stabilizes, ETH could lead the next leg of the crypto recovery.

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Price Faces Key Resistance As Bulls Struggle for Momentum

Ethereum is currently trading at $1,630 after another failed attempt to break above the $1,700–$1,800 resistance zone. This price range has acted as a major barrier over the past several weeks, limiting bullish momentum and keeping ETH locked in a broader downtrend. Bulls must reclaim the local high at $1,691, set last week, to signal a potential shift in structure and confirm the start of a recovery rally.

A decisive move above $1,700 could open the door to a test of the $2,000 level, which would mark a significant psychological and technical milestone. However, the lack of follow-through on recent upside attempts reflects ongoing uncertainty across crypto markets, largely driven by macroeconomic tensions and risk-off sentiment.

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If Ethereum fails to gain strength above current levels, a retracement toward $1,500 is likely, with the possibility of further downside if selling pressure intensifies. This level has served as a critical support zone in recent weeks. Without a convincing breakout, ETH remains vulnerable to renewed weakness and deeper corrections. All eyes are now on whether bulls can build enough momentum to flip resistance into support and avoid another leg down.

Featured image from Dall-E, chart from TradingView 

Ethereum is currently trading at a critical resistance level as bulls attempt to regain momentum and push for a fresh high. The broader market remains under pressure as global uncertainty escalates, largely fueled by ongoing trade tensions between the United States and China. Last week, US President Donald Trump announced a 90-day tariff pause on all countries except China, intensifying concerns about an extended trade conflict that could destabilize global financial markets.

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In this high-stakes environment, Ethereum’s price action is drawing close attention from investors and analysts. Top crypto analyst Ali Martinez shared that historically, the best Ethereum buying opportunities have emerged when the price drops below the lower MVRV (Market Value to Realized Value) Price Band—a level that signals potential undervaluation. Notably, ETH is now trading precisely in that zone.

This alignment between technical conditions and macroeconomic instability suggests that Ethereum could be entering a phase of accumulation, with long-term investors looking to capitalize on discounted prices. However, sustained upward momentum will depend on whether bulls can overcome immediate resistance and whether macro conditions improve. The coming days could prove pivotal for ETH as it tests both technical and psychological thresholds.

Ethereum Dips Into Historical Opportunity Zone

Ethereum is currently trading below key resistance levels after enduring several weeks of selling pressure and weak market performance. Since losing the crucial $2,000 support level, ETH has fallen roughly 21%, a clear indication that bulls have yet to regain control. Broader macroeconomic pressures, especially rising global tensions and uncertain trade conditions between the US and China, have further dampened market sentiment. These conditions have driven many investors to exit riskier assets like cryptocurrencies, leading to elevated volatility and reduced market participation.

Despite this downtrend, some analysts believe Ethereum could be nearing a pivotal turnaround zone. According to Martinez, one of the best historical signals for Ethereum accumulation has been price action dipping below the lower bound of the MVRV Price Band—a metric that compares market value to realized value to assess whether an asset is over- or undervalued. Currently, Ethereum is trading beneath that lower band.

Martinez emphasizes that this positioning has typically preceded strong upside reversals, especially during periods of extreme market pessimism. While short-term volatility may persist, ETH’s entry into this zone could present a rare opportunity for long-term investors to accumulate at historically discounted levels—if market conditions stabilize and sentiment shifts.

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ETH Stalls In Tight Range

Ethereum is currently trading at $1,610 after nearly a week of low volatility and sideways action. Since last Tuesday, ETH has remained locked in a tight range between $1,550 and $1,630, reflecting the market’s uncertainty and hesitation to take a clear directional stance. This narrow trading zone highlights a period of price compression, often a precursor to a larger move in either direction.

For bulls to regain momentum and shift sentiment, Ethereum must reclaim the $1,700 level and push decisively above the $2,000 mark. These levels not only serve as key psychological barriers but also represent critical zones of previous support that have now turned into resistance. A breakout above $2,000 would likely trigger renewed buying interest and set the stage for a potential recovery rally.

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However, if bearish pressure builds and the $1,550 floor is breached, Ethereum could quickly test the $1,500 support zone. A breakdown below that level would confirm further downside risk, potentially accelerating sell-offs and deepening the current correction. Until a breakout or breakdown occurs, traders should prepare for more consolidation and volatility as the market awaits a macro or technical catalyst.

Featured image from Dall-E, chart from TradingView 

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Ethereum has staged an impressive comeback, surging 21% from its $1,380 low to current levels following a week of intense selling pressure. The rally began last Wednesday, triggered by a major geopolitical development: US President Donald Trump announced a 90-day pause on reciprocal tariffs for all countries except China, which now faces a steep 145% tariff. The announcement injected a wave of optimism across global markets, with Ethereum among the top beneficiaries.

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Despite this bullish recovery, ETH remains below critical resistance levels, and the broader price structure continues to form a consolidation pattern. The market now awaits confirmation of whether this rebound will evolve into a full reversal or simply a relief rally amid continued macroeconomic uncertainty.

Crypto analyst Ali Martinez shared a technical chart on X, highlighting that Ethereum is currently consolidating within a symmetrical triangle on the hourly chart. According to Martinez, this pattern typically signals an imminent breakout, and if ETH breaks upward, it could trigger a 17% move to the upside.

As traders and investors watch closely, Ethereum’s next directional move will likely depend on both technical confirmations and broader sentiment around US-China trade tensions and their impact on risk assets.

Ethereum Faces Critical Resistance Amid Macroeconomic Uncertainty

Ethereum is trading at a pivotal resistance level that could determine the next major move in the market. After rebounding 21% from its $1,380 low, ETH now sits just below key levels that, if reclaimed, could spark a broader recovery rally. Despite this strong bounce, macroeconomic tensions remain in focus, with ongoing uncertainty around US tariffs and foreign policy—especially the 145% tariff on China—keeping investors cautious.

The crypto market, like equities, continues to be shaped by global developments. While some analysts believe Ethereum has already priced in the worst of the downturn, others argue that the recent rally is only a temporary relief within the early stages of a broader bear market. The debate reflects the current state of sentiment: mixed and driven more by short-term reactions than long-term conviction.

However, from a technical standpoint, Ethereum may be setting up for a decisive move. According to Martinez, ETH is currently consolidating within a symmetrical triangle on the hourly chart. This pattern often precedes a breakout, and Martinez suggests that a 17% move could follow. If Ethereum breaks to the upside, it could push the price back toward the $2,000 level—a psychological and technical milestone for the asset.

For now, all eyes are on whether bulls can maintain momentum and breach the upper trendline of the triangle. A strong breakout could signal a shift in the broader market narrative, transforming current consolidation into the foundation for a sustained rally. Still, given the unstable macro environment, traders remain cautious, watching for confirmation before fully committing to a bullish thesis.

ETH Bulls Face Key Resistance Ahead

Ethereum is trading at $1,670 after briefly setting a fresh 4-hour high around $1,691—slightly above the previous peak. This minor breakout signals that bullish momentum is building, but it remains fragile. To confirm a full reversal and begin a true recovery rally, ETH must reclaim the $1,875 level, which aligns with both the 4-hour 200-day moving average (MA) and the exponential moving average (EMA).

These indicators have acted as strong dynamic resistance throughout Ethereum’s recent downtrend, and only a decisive break above them would validate bullish control and potentially trigger a surge back toward the $2,000 level. A move past $1,875 would also indicate a shift in short-term market structure, giving bulls the confidence needed to drive higher highs.

However, if Ethereum fails to push through this critical resistance zone, the asset risks returning to lower demand levels. A rejection at these moving averages could send ETH back to $1,500 or even lower, especially if broader market sentiment deteriorates. With macroeconomic uncertainty and tariff-related volatility still looming, bulls need to act fast—or risk losing the progress made during this recovery attempt. For now, all eyes are on the $1,875 threshold.

Featured image from Dall-E, chart from TradingView 

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