Ethereum

has staged an impressive recovery in the last 24 hours and climb 3.8% in the midst of significant market volatility. The second largest cryptocurrency found solid support for $ 2,530, with unique trading volume (242,521 ETH) creating a clear bottom pattern.

This was followed by a crucial breakout in the early trading times, supported by massive volume waves exceeding 550,000 ETH that pushed prices over the most important resistance levels.

The recent pricing confirms a short -term trend turning, with ETH now trading over $ 2,575 after creating new local heights. Institutional interest remains robust, with Spot Ethereum ETFs that record $ 248 million in total net flow over the past week, suggesting growing confidence from major investors despite relatively muted retail participation.

Market analysts point to the $ 2,800 level as a critical resistance zone, where many investors who have previously purchased at this level may look to end by break-even. However, with ETH that breaks out of its recent consolidation pattern and the wider crypto market showing signs of strength, Bulls is now targeting the range $ 2,650- $ 2,745 as the next significant obstacle.

Technical analysis

• A clear bottom pattern formed within 01:00 hours of unusually high volume (242,521 ETH), which establishes strong volume support.
• A crucial breakout occurred below 06: 00-07: 00 hours of massive volume waves (553,348 ETH and 221.502 ETH respectively).
• Price action showed three different phases: Initial consolidation (07: 04-07: 29), powerful breakout (07: 30-07: 32) with high volume tips exceeding 7,000 ETH per year. Minute, and maintained the upscaping.
• The $ 2,600 level is now established as a new support zone with momentum indicators suggesting the potential for further upward against $ 2,650.
• High volume support for $ 2,530 now serves as a critical floor for any retracs.

This technical analysis was performed according to Coindesk’s research model that analyzed Coindesk -Data

Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with our standards. For more information, see Coindesk’s full AI policy.

External references

• Bitcoin sistemi, Ethereum (ETH) Continuing Bullish Momentum – What is the next? Here are the detailsPublished May 26, 2025.
• Cryptopotato, Interesting Ethereum (ETH) Price Forwards from latePublished May 26, 2025.
• Cryptopotato, Ethereums (Eth) quiet rally – where are the retail investors?Published May 26, 2025.
• NewsBtc, Ethereum over $ 2,500 – Here’s the reason why analysts believe $ 3,000 can be nextPublished May 27, 2025.
• Inclusion, Ethereum -Price Forest for May 28Published May 27, 2025.