Ethereum has experienced a massive price surge, jumping from the $2,200 level to $2,500 in just a few hours. This comes after a period of extreme selling pressure that saw ETH drop as low as $2,080 on Friday, leading analysts to expect further declines. However, the market quickly reversed following a major announcement from President Trump regarding a U.S. Crypto Strategic Reserve, which includes Ethereum.

This unexpected news triggered a strong reaction across the crypto market, with ETH reclaiming key levels and fueling optimism among investors. The move has shifted sentiment, as traders now speculate on whether Ethereum can continue its rally toward the $3,000 mark.

Top analyst Daan shared a technical analysis on X, explaining that ETH swept all liquidity below $2,100 before bouncing sharply from that point. According to Daan, this move was significant, as Ethereum absorbed the sell-side liquidity and now continues its bullish momentum following Trump’s announcement.

With ETH reclaiming strength, investors are closely watching key resistance levels to see if the rally can continue. If Ethereum holds above $2,500, a further move higher is likely. However, the market remains volatile, and bulls must sustain momentum to confirm a full recovery.

Ethereum Prepares To Move

Ethereum has been facing relentless selling pressure and negative sentiment, leading to heightened speculative activity that leans bearish in the short term. Since late December, the price of ETH has plunged nearly 49%, leaving investors in despair as they await a recovery. The market has struggled to find a strong base for a reversal, with analysts warning that if Ethereum fails to reclaim key levels soon, further downside could follow.

However, yesterday’s rebound has sparked renewed optimism among traders who anticipate a fast and aggressive recovery. Ethereum’s sudden surge from the $2,200 level to $2,500 caught many by surprise, especially after the market-wide downturn that saw ETH dip as low as $2,080 on Friday. This price movement coincided with President Trump’s announcement of a U.S. Crypto Strategic Reserve, which included Ethereum.

Daan’s technical analysis on X highlights that ETH swept all liquidity below $2,100 before bouncing sharply. According to him, this move confirmed that Ethereum had absorbed sell-side liquidity and was poised for continuation. He also noted that ETH is currently in a neutral zone, stating, “We’re in the middle of nowhere as we speak, but that $2.8K level remains important if we revisit it later.”

Ethereum’s next steps will determine whether this recovery gains momentum or fades into another consolidation phase. If ETH pushes toward the $2,800 mark and holds above it, bullish momentum could accelerate. However, if the price struggles to sustain its gains, another round of selling pressure could emerge. Investors remain cautiously optimistic, closely watching Ethereum’s ability to break through resistance and confirm a new uptrend.

Price Struggles Below $2,500

Ethereum is currently trading at $2,350 after experiencing intense selling pressure over the past few days. Despite the recent bounce, the price continues to struggle below the critical $2,500 resistance level. Bulls have been unable to confirm a recovery rally, as ETH remains trapped within a range of uncertainty.

If Ethereum can reclaim the $2,500 mark and hold above it in the coming days, a strong rally could follow. Breaking past this resistance would open the door for a push toward the $2,800 level, which analysts see as a key price target. However, failure to break above $2,500 could leave ETH vulnerable to further downside, especially if bearish sentiment continues to dominate the market.

On the downside, losing the $2,200 support level could trigger another wave of selling pressure. If ETH drops below this mark, it could lead to a deeper correction, with the next major demand zone sitting around the $2,000 level. Investors remain cautious, watching for signs of either a breakout or another leg down. In the short term, Ethereum’s price action will largely depend on whether bulls can generate enough momentum to push ETH back above $2,500 and confirm a sustained recovery trend.

Featured image from Dall-E, chart from TradingView

Ethereum is trading below the $2,300 mark after failing to hold key demand levels last week. The price has faced intense selling pressure, fueling concerns among investors that ETH may not see a strong bull market ahead. Market sentiment remains uncertain as Ethereum struggles to reclaim lost ground, with analysts divided on whether the correction will continue or if a recovery is on the horizon.

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A technical perspective suggests that ETH may still have a chance to bounce back. Crypto analyst Ali Martinez shared an analysis on X, noting that if Ethereum holds above the $2,200 level, it could set up for a rebound toward $2,500. Martinez highlights that Ethereum is trading near a crucial support level, which historically has triggered strong upward moves.

Bulls must defend the $2,200 mark to prevent further declines, while reclaiming $2,500 would signal strength and a potential trend reversal. However, continued weakness could lead to another wave of selling pressure, pushing ETH even lower. Investors remain cautious as they await confirmation of Ethereum’s next move in this volatile market.

Ethereum Faces A Critical Test

Ethereum has been struggling under heavy selling pressure and negative sentiment, leading to extreme speculative activity favoring bearish futures positions. The uncertainty surrounding ETH’s price action has fueled doubts about its ability to recover in the short term.

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Since late December, Ethereum has lost 49% of its value, and investor sentiment remains in despair as the price fails to reclaim key resistance levels. Many traders have started to position themselves for further downside, reinforcing the bearish outlook in the market.

However, some analysts still believe that Ethereum could soon stage a rapid recovery. Ethereum is approaching a critical inflection point where a decisive move could determine the asset’s next trend.

This perspective aligns with the few optimistic analysts who argue that Ethereum’s rally, when it starts, will be aggressive. Historically, ETH has exhibited sharp rebounds following prolonged periods of downside pressure, and if the broader market conditions improve, the same could happen again. For now, investors remain cautious, closely watching Ethereum’s ability to defend the $2,200 support level and looking for signs of renewed strength.

Price Struggles Below $2,500

Ethereum is trading at $2,222 after struggling for days to reclaim higher prices. The price has been under intense selling pressure, and investor sentiment remains bearish as ETH fails to establish a strong support zone. ETH bulls lost control last Monday when the price started to decline rapidly, leading to a sharp 26% correction in less than five days. This sell-off wiped out key support levels, leaving Ethereum in a vulnerable position.

For Ethereum to regain momentum, bulls must push the price above the $2,500 level. Reclaiming this mark would signal strength and potentially trigger a recovery rally. However, without a strong push from buyers, ETH could remain stuck in a slow consolidation phase below $2,500. This would likely lead to prolonged indecision in the market, making it difficult for traders to establish clear positions.

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If ETH fails to reclaim $2,500 soon, the market could see continued weakness, with sellers dominating price action. On the other hand, if Ethereum manages to hold above the $2,200 mark and build support, the possibility of a strong rebound remains on the table. The next few days will be crucial as investors watch for signs of a potential trend reversal or further downside movement.

Featured image from Dall-E, chart from TradingView

In a significant development for one of crypto’s largest non-profits, the Ethereum Foundation (EF) has revealed a new leadership structure consisting of two co-directors. This move comes after backlash from community members on the recent struggles and issues of the ETH ecosystem.

EF Introduces Two Executive Directors

On Saturday, March 1, the Ethereum Foundation unveiled its new leadership structure consisting of two co-executive directors — Hsiao-Wei Wang and Tomasz Stańczak. This new structure will come into place following the changes that saw former executive director Aya Miyaguchi take up the role of the organization’s president.

Wang, a core researcher at the EF, has experience in several research areas and was a major contributor to the Ethereum beacon chain — launched in December 2020. “Just as Ethereum continues to evolve, so does the EF—but the core values we have upheld for years remain unchanged,” Wang said in reaction to her appointment with a post on social media platform X.

Stańczak is the founder of Nethermind, one of the largest execution clients on the Ethereum blockchain. According to the announcement blog post, the crypto founder will be looking to replicate Nethermind’s effective talent recruitment and training pipeline at the Foundation.

Source: @tkstanczak/X

The announcement blog post read:

Under the leadership of Hsiao-Wei and Tomasz, EF is going to ensure that Ethereum and the ecosystem can grow while at the same time making sure that this growth advances the core values that motivated Ethereum’s existence in the first place, such as open source, permissionless global collaboration, privacy and security.

Wang and Stańczak will resume their new roles as co-executive directors of the Foundation on March 17, 2025. It is worth noting that Stańczak will “continue to be involved in Nethermind, but is in the process of transitioning out of his CEO position.”

Danny Ryan Returns To Ethereum Ecosystem

Wang is not the only EF researcher that will be assuming a higher role in the ecosystem. Former developer Danny Ryan will now return as co-founder of Etherealize, which will serve as the institutional marketing and product arm for the Ethereum ecosystem. The leadership position at Etherealize will be shared with Vivek Raman.

Ryan said in a post on X:

Our work at [Etherealize] sits at the confluence of real adoption, commonsense regulation, ecosystem development, and critical R&D across L1, L2, and the application layer. Where [Vivek] serves as a bridge from the real world into Ethereum, I’ll serve as a bridge from Ethereum back into the real world.

As of this writing, the Ether token is valued at $2,212, reflecting a 20% price decline in the past seven days.

The price of ETH on the daily timeframe | Source: ETHUSDT chart on TradingView

Featured image from iStock, chart from TradingView