Ethereum is held strong above $2,500, showing resilience as the broader crypto market receives a healthy pullback. Despite recent volatility, ETH continues to trade within a bullish structure, promoting optimism that it can lead the next leg of market gatherings. Analysts are looking closely at Ethereum’s price action and are looking for a potential breakout that could set the expected AltSeason tone.
Top analyst Ted Pillow shared important insights, saying that Ethereum has fallen by just 10% from local highs but has risen nearly 50% this month alone. This powerful monthly performance clearly shows that Ethereum remains on the uptrend, even if short-term fixes occur. According to Pillow, this type of price action will precede a positive move, particularly if Ethereum is able to regain higher levels of resistance in the coming days by holding it steady while the market is reset.
With Bitcoin below its all-time high and market participants are focusing on altcoins for new capital rotations, Ethereum is well positioned to serve as a catalyst. A critical move above $2,700 could test bullish outlook and trigger wider momentum across the Altcoin market. For now, Ethereum’s relative strength stands out amidst the uncertainty of the market.
The Ethereum Up Trend is held firmly despite global tensions
Ethereum has been trading within close range since May 10th and faces pivotal testing as it continues to hover between its main support and resistance zones. Macroeconomic uncertainty is heavily heavy in traditional markets driven by US Treasury yields and rising geopolitical tensions, but Echo shows impressive resilience. The bull believes that ETH has room for a higher push, supported by strong foundations and improved investors’ emotions.
The pillow highlights that Ethereum has also grown nearly 50% this month despite a 10% pullback from the recent local highs. This sharp monthly gain clearly shows that even when volatility tests short-term convictions, ETH remains a strong uptrend. The fact that ETH maintains a higher low across this range-bound structure reinforces the idea of accumulation rather than distribution.
Beyond price action, on-chain and institutional signals refer to sustained demand. Although it is at a slower pace than Bitcoin, Ethereum’s ETF inflows have begun to pick up. However, these flows have a more pronounced effect due to the small market capitalization of Ethereum. Additionally, multiple companies reportedly have raised over $1 billion to win ETH, indicating long-term trust in the role of assets in the evolving digital economy.
The pillows will see Ethereum’s next major leg stage set. If the $2,700-$2,850 resistance zone is broken with confidence, it could trigger a strong rally that positions ETH as a potential AltSeason leader. For now, Ethereum’s stable hand in a turbulent era is a bullish signal in itself.
The Ethereum Weekly Chart is held firmly
Ethereum shows resilience on its weekly charts, trading at $2,509 after hitting a high of $2,789 at the beginning of the week. Prices have been pulled slightly, but are firmly above the 200-week SMA ($2,452) and the 34-week EMA ($2,498). This is a strong indication of the underlying bullish structure. The area has served as solid support after 50% ETH meetings from April lows.
Technically, what’s important to note is that ETH is challenging the underside of SMA for 100 and 50 weeks. Both previously acted as resistance throughout this cycle. Over $2,725, the trend changes dramatically, confirming bullish continuity and opening the door for testing zones from $3,000 to $3,200.
Volume is slightly reduced from the breakout candle three weeks ago, suggesting integration rather than relaxation. The Bulls want to see ETH regain the $2,725 level after a momentum-raising conviction. Until then, current structures prioritize higher grinding unless macrovolatility accelerates.
Dall-E special images, TradingView chart