Global economic tensions and trade spells continue to affect cryptocurrency markets, with ETH showing resilience despite broader uncertainty about the market.
The second largest cryptocurrency is currently navigating a critical technical zone between $ 2,500- $ 2,530, which analysts identify as immediate resistance to be overcome for continued movement upwards.
Institutional interest remains strong, with Spot Ethereum ETFs that detect consecutive days with positive influx, signaling growing confidence from major investors despite recent volatility.
Technical analysis highlights
- 24-hour ETH preaching revealed a significant 3.5% range ($ 99.85).
- Sharp sales during the midnight time saw the price plum at $ 2,477.40, which established a key support zone.
- Extraordinary volume (291,395 units, almost 3x average) confirmed the importance of the support level.
- Buyers entered $ 2,467- $ 2,480 support band, confirmed by high volume accumulation in the period 08: 00-09: 00.
- The latest price action shows Bullish Momentum with ETH that regains the $ 2,515 level.
- Potentially higher low pattern suggests that the correction may have found the bottom.
- $ 2,520- $ 2,530 area remains the immediate resistance to overcome for continued movement upwards.
- Significant bullish wave at. 13:35 Then Price Shopping from $ 2,515.85 to $ 2,521.79, accompanied by unique volume (5,839 units).
- Sharp Reversal occurred at. 14:00, with the price dropped 5.07 points to $ 2,508.02 on heavy volume (4,043 units).
- Time range of 14.46 points ($ 2,508.02- $ 2,522.48) shows the indecision of the market.
External references
- “Ethereum is over key prices – data points of $ 2,900 level such as Bullish Trigger”, NewsBTC, published May 24, 2025.
- “Ethereum forms inverse H&S – Bulls Eye Breakout over $ 2,700 Level”, Bitcoinist, published May 25, 2025.
- “Ethereum -Price Analysis: Is ETH primed for a ‘healthy’ correction?”, Cryptopotato, published May 25, 2025.