ETH is beyond critical support as the Bulls defend the $2,500 zone

After a volatile retreat from recent highs, today’s Ethereum prices hold close to $2,543, trying to stabilize beyond the key $2,500 handle. Although the short-term structure remains vulnerable, multiple indicators indicate a potential base formed after a sharp rejection of less than $2,700. Though broader market sentiment has become more cautious, Ethereum’s technical stance suggests that the Bulls are not ready to surrender control.

Ethusd Price Analysis (Source: TradingView)

Despite recent sales pressures, Ethereum prices continue to trade within the larger upward structure that occurred earlier this month. The integration appears to be a healthy fix for now, as long as the $2,500-$2,504 range continues to function as support. The next 24 hours will be crucial in ensuring that ETH can maintain this floor and maintain a deeper retracement.

What will be the price of Ethereum?

Ethusd Price Analysis (Source: TradingView)

Ethereum’s price structure has entered a side-to-side consolidation following a sudden rally against $2,730 last week. On the four-hour chart, ETH has remained just above 50-EMA ($2,539) and 100-EMA ($2,477) since May 7th, testing the uptrend line, signaling short-term indecision.

Ethusd Price Analysis (Source: TradingView)

On the 30-minute chart, a clear trendline of downhill resistance closes recent attempts at rising, with $2,575 serving as immediate resistance. If the Bulls were able to push over this zone, the next challenge would be the main supply zone from $2,620 to $2,667, where previous denials occurred.

At the same time, the weekly retracement of the FIB at $2,733 from the top shows prices up to $2,350, up to a local low of around $2,350, showing prices at 0.382 levels ($2,424), and is about to collect the 0.5 zone at $2,745. This area is critical for Ethereum prices updates heading into the weekend.

The indicator shows a neutral but careful bullish bias

The 4-hour Bollinger band is narrower and the price is compressed between the midline and lower bands. ETH is trading just below the middle band (currently at $2,592), indicating that the breakout needs to regain this level first for bullish continuance. A clean move above $2,600 can cause a spike in fresh Ethereum prices.

Ethusd Price Analysis (Source: TradingView)

The 30-minute chart RSI is at 44.65, and is about to recover from overselling levels. Continuous movements above 50 will confirm the intensity of the day. Meanwhile, MACD printed a mild bullish crossover, but histogram momentum remains silenced, reflecting market hesitation.

Ethusd Price Analysis (Source: TradingView)

In the stochastic RSI, ETH printed sharp movements into the purchased area (over 80), but the curves were flattened, suggesting potential slowdowns with upward momentum, unless breakout occurred. The Chande Momentum Oscillator (CMO) reads at 12.52 and shows mild strength, but without volume it is not enough to confirm that the new legs are higher.

Ethusd Price Analysis (Source: TradingView)

A unilateral analysis of the 30-minute chart shows that it is fighting the lower limit of the cloud at a price of $2,546.87. ETH should flip this to support and check for bullish spider breakouts. For now, bearish Tengkan Ki-jun’s cross and thick overhead resistance cloud still put emphasis on short-term emotions.

Why are Ethereum prices falling today?

Ethusd Price Analysis (Source: TradingView)

The question is, why is Ethereum prices falling today despite exceeding major support? The answer lies in macro-driven hesitance across altcoins, a $2,700 refusal near the area, consistent with years of daily resistance and profitability.

Furthermore, ETH cannot break the 0.5 Fibonacci retracement at $2,745, suggesting that many traders are profiting after strong May rebounds. This caused a temporary cooldown with Ethereum price action, but the Bulls remain structurally intact than the 100-EMA and major trendline zones.

Short-term forecast: Support, resistance, volatility levels

Looking forward to May 25th, ETH’s actions regarding support between $2,500 and $2,504 are important. A break below this range could drag prices to around $2,426 into the next demand zone. The advantage is regaining $2,575 and pushing towards $2,600, the first step towards recovery.

Ethusd Price Analysis (Source: TradingView)

If Bulls were able to support $2,600, you might see another retest of the $2,667-$2,700 zone. However, if you exceed $2,500, exposure to ETH to a deeper correction will potentially be exposed to $2,424 or even $2,350. Still, the wider bias remains cautiously bullish as long as $2,426 is held in a higher time frame.

Currently, Ethereum price volatility is compressed, but traders need to be aware of possible breakouts as prices are falling close to the main decision levels. May 25th can define whether the ETH will equip you for another upward push or boost you towards a deeper integrated zone.