Ethereum 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 sales pressures for ETH as low as $2,080 on Friday, with analysts expected to drop even further. However, the market has quickly turned back after a major announcement from President Trump about US crypto strategic reserves, including Ethereum.
This unexpected news sparked a strong response across the crypto market, with ETH regaining a critical level and fostering optimism among investors. The move has changed feelings as traders are now speculating whether Ethereum can continue the rally towards the $3,000 mark.
Top analyst Daan shared X’s technical analysis, explaining that ETH swept all liquidity for under $2,100 and then bounced sharply from that point on. According to Dern, the move was important as Ethereum absorbed sell-side liquidity and now continues to be bullish following Trump’s announcement.
With ETH regaining strength, investors are closely looking at key resistance levels to see if the rally can continue. If Ethereum is above $2,500, additional travel could be higher. However, the market remains unstable and the bulls need to maintain momentum to confirm a full recovery.
Ethereum is preparing to move
Ethereum faced relentless sales pressure and negative emotions, leading to increased speculative activity that was bearish in the short term. Since late December, ETH prices have plummeted nearly 49%, with investors in despair waiting for a recovery. The market is struggling to find a strong foundation for a reversal, and analysts warn that further downsides could continue if Ethereum cannot immediately recover key levels.
But yesterday’s rebound sparked a new optimism among traders who are expecting a quick and offensive recovery. The sudden surge in Ethereum from a $2,200 level to $2,500 was caught in many surprises, especially after the overall market slump of ETH as low as $2,080 on Friday. The price movement coincided with President Trump’s announcement of US crypto strategic sanctuary, including Ethereum.
Daan’s technical analysis of X highlights that ETH will bounce back significantly before he swept all liquidity for under $2,100. According to him, the move confirmed that Ethereum absorbed sell-side liquidity and was ready to continue. He also said ETH is currently in the neutral zone, saying, “It’s not anywhere when we talk, but if we reconsider that later, the 2.8k level is important.”
The next step in Ethereum will decide whether this recovery will gain momentum or fade to another integration phase. If the ETH pushes towards the $2,800 mark and holds it above it, it could accelerate bullish momentum. However, if prices struggle to maintain profits, there can be other sales pressures. Investors are cautiously optimistic and are closely watching Ethereum’s ability to break through resistance and see new ascents.
Prices are under $2,500
Ethereum is currently trading at $2,350 after intense sales pressure over the past few days. Despite recent bounces, prices continue to struggle below the $2,500 resistance level. The Bulls were unable to confirm the recovery rally as ETH remains trapped within the bounds of uncertainty.
If Ethereum can regain its $2,500 mark and hold it above it in the next few days, a strong rally could continue. Overcoming this resistance will open the door to push towards the $2,800 level, and analysts consider it a major price target. However, if you can’t exceed $2,500, ETH becomes even more vulnerable to the downside, especially when bearish sentiment continues to dominate the market.
On the downside, losing a $2,200 support level could cause another wave of sales pressure. If ETH drops below this mark, the next major demand zone could sit at the $2,000 level, leading to a deeper correction. Investors are cautious and are seeing breakouts or other leg signs. In the short term, Ethereum’s pricing measures will largely depend on whether Bulls can push ETH back to over $2,500 and generate enough momentum to confirm a sustained recovery trend.
Dall-E special images, TradingView chart
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