Ethereum remains in the volatile integration phase, which is responsible for trading between the $2,400 and $2,800 levels, as geopolitical tensions are heavily and heavily in the global market. After a breakout failure that outweighed last week’s resistance, ETH retreated once again and struggled to build sustained momentum. The ongoing conflict between Israel and Iran has strengthened market uncertainty and has contributed to a surge in volatility across risk assets, including cryptocurrencies.
Despite the macro headwinds, Ethereum Bulls continues to defend key levels of support, preventing deeper breakdowns. The $2,400 zone has been serving as a strong floor for the past few weeks, absorbing the pressure of selling and maintaining ETH within current trading range. Meanwhile, the $2,800 resistance remains a major hurdle to collect for a bullish breakout scenario.
Top analyst Jere shared a technical outlook that suggests that Ethereum still consolidates under a critical area of resistance. This structure shows that the ETH is wound before the next major movement. The potential breakout windows become narrower when prices get stronger within this established range.
Ethereum is preparing to move
Ethereum was pushed into a key price range, and the Bulls have tried to hold the $2,600-2,700 range after recent volatility. The assets showed resilience, recovering from last week’s lowest and reentering the mid-range of that multi-week consolidation. With price action once again approaching resistance levels of $2,800, market participants are looking at potential breakouts that could open the door to more than $3,000.
The analyst remains split. On the one hand, bullish momentum and improved market sentiment suggest that ETH is ready for a bigger move. A confirmed breakout of over $2,800 could lead to aggressive purchases and launch a wider Altcoin rally. Many investors are positioning themselves in anticipation of a rotation from Bitcoin to high beta assets like Ethereum, hoping to take the next phase of the cycle.
On the other side, caution continues. Some technical analysts have argued that Ethereum could still risk losing steam, especially if the price is rejected again with resistance. Failure to maintain current range could result in $2,400 in support, or even lower hands and weaker waving.
According to a recent technical update from Jelle, Ethereum remains integrated just under its main resistance zone. Analysis refers to a tightening structure in which the window of opportunity is closed. If the ETH breaks above this zone, it could potentially ignite fireworks across the Altcoin market.
With global uncertainty still present and traders are closely watching resistance levels, Ethereum’s next move could define the pace of a wider market. Whether it’s a breakout or a breakdown, the days ahead can be crucial.
ETH Price Action: Technical Details
Ethereum currently trades for $2,606 and maintains a tight integration range of $2,400 to $2,800, as shown on the 12-hour chart. After multiple rejections around the $2,800 zone, the assets are struggling to break through this level of resistance decisively. Despite macroeconomic uncertainty and volatility caused by the Middle East conflict, ETH was able to protect its $2,500 acreage, supported by a 100-year moving average rise.
Recent bounces from the lower end of the range suggest that the Bulls are still active and intervening to protect their critical structure. However, the volume remains relatively restrained, indicating that buyers are cautious and waiting for confirmation before starting a larger position. Meanwhile, the 50th period moving average remains above the 200th period MA, suggesting a medium-term bullish bias if support continues.
The yellow horizontal zone marks a clear resistance ether to cause sustained movement. If the range is split into negative aspects, the $2,400 zone is the next level of monitoring demand.
Dall-E special images, TradingView chart
