Ethereum trads just above USD 2,500 after days of variability, uncertain price campaign and uncertainty on cryptographic markets. Despite the fluctuations, the bulls had critical support, and the coming days are shaped to be a decisive moment for Ethereum and a wider Altcoin space. Momentum is slowly changing because investors are looking for confirmation that ETH will lead another wave of action.
The best analyst Ted Pillows shared a stubborn technical perspective, which suggests that the designing pattern of Wyckoff’s accumulation is currently developing. According to pillows, this structure resembles the early stages of the main pimples perceptible in previous cycles and signals powerful positioning of smart money. He claims that Ethereum has already played a key role in the latest Bitcoin Rally in the novel ups of all time, and now the turn to Ethereum.
Ceiling a breakthrough above the range from 2600–2700 USD can cause the next phase of the cycle, from USD 3000 as an initial target. Because market moods regain and BTC consolidate near Maksimów, traders and investors carefully observe the next Ethereum movement to assess whether the Alts season is just around the corner. Configuration is in place – but ETH must deliver.
Ethereum builds strength
Ethereum increased by 82% compared to April falls, which shows powerful stubborn control, because the price is strongly above key demand zones. Despite the recent variability, ETH still trades to a well -defined range from 2,400 to 2,700 USD, which has remained since the beginning of May. This strict consolidation suggests that the market is preparing for a decisive breakthrough, which can define the trajectory Ethereum for the rest of the year.
TED pillows reveal that Ethereum is now undergoing a classic Wyckoff accumulation pattern. According to its analysis, this phase means transferring ETH from feeble hands to powerful hands and reflects the configurations of the cycle that led to explosive rallies. The pillows argue that Ethereum has helped to push Bitcoin to the novel ups of all time, and now it was the turn of the headlights.
If this pattern goes down, the pillows sees a clear path: first a breakthrough up to $ 3,000, then a robust correction, and then push to $ 4,000 in the first quarter. In addition, a real parabolic movement can begin, powered by renewed trust, broader participation of Altcoin and a constant demand for ETH as a basic resource in the cryptographic ecosystem.
ETH maintains more than key service in a strict extent
Ethereum (ETH) trads $ 2,520, maintaining its position above critical support levels despite recent variability. As shown on a 12-hour chart, ETH has repeatedly confirmed the zone 2,480–2500 USD since the end of May, signaling the buyer’s powerful interest at these levels. The price remains trapped in a strict consolidation range from 2400 to 2,700 USD, without a clear breakthrough in any direction.
ETH is currently trading near SMA 50- and 100-speed, which coincide around the current price, which indicates a balance and a potential inflection point. The 200-speed SMA is below USD 2,200 and is still training up, supporting the long-term stubborn structure.
The volume remained relatively stable, without jumping suggesting institutional accumulation or mass distribution. For Bulls to recover a full momentum, ETH must regain resistance from 2600–2700 USD and change it to support. On the other hand, a pure break below USD 2,480 may again reveal the USD 2,300 zone.
Recommended photo from Dall-E, Tradingview chart
