Ethereum trads above 1700 USD after unstable weeks, and bulls try to recover higher levels and reverse resistance to support. Despite the maintenance of macroeconomic tensions and a enormous trade between the USA and China, markets begin to value optimism because investors predict progress in negotiations. This renovated sentiment has raised risk assets, such as ETH, which shows early signs of a potential explosion.

Analysts carefully observe the current Ethereum price actions, which suggests a possible change in the trend. The best analyst Daan shared the technical view on X, emphasizing that ETH is trying to regain previous horizontal support around 1750 USD. If it succeeds, for the first time in months Ethereum will regain the key level of support after rejecting it and setting the lower low.

When Ethereum fights to regain lost land, all eyes are at this critical level. A breakthrough can lead to a renovated growth on the Altcoin market, which strengthens the growing speculation that the worst of the correction can be behind us.

Ethereum Bulls tries to change the market structure

Ethereum gathered impressively, gaining over 32% from the local lowest level of USD 1383. This recovery has led ETH to a critical price level, in which the bulls must maintain and build a momentum to break a wider inheritance factor, which defined a significant part of 2024. constant traffic above current levels may mean a long -awaited change in the market structure, ensuring that Ethereum is ready for a larger trend in the medium period.

However, wider macroeconomic forces still weigh the mood of investors. The ongoing commercial tensions between the United States and China remain unresolved, and every fresh tariff threat increases the load of global supply chains. These geopolitical pressure threatens to reduce risk appetite, and any further escalation can stop recovering Ethereum. On the other hand, a diplomatic breakthrough can cause a forceful change in positioning investors in all risk assets, including crypto.

In the meantime, Ethereum must defend the current levels to keep the stubborn rush. Daana analysis illuminated This ETH is currently testing the level of USD 1750, which previously acted as key support. If Ethereum can regain this horizontal zone, it would mean for the first time in months that ETH would repeat itself and does not reject the critical level. Daan emphasized that daily closures above 1750 USD are perfect and would confirm strength, potentially opening the door to a larger breakthrough.

The price of ETH has key levels, bulls must soon recover USD 2,000

Ethereum is currently at a price of USD 1,770, maintaining strength above 4-hour 200 EMA-cluster short-term indicator, which historically acted both as resistance and support during critical changes in trends. Bullom has managed to defend this level in the last few sessions, signaling the growing confidence and momentum when the Ethereum is trying to recover after recent durability.

Keeping above the $ 1700 zone is now necessary to avoid releasing the next wave of sales. This level has become a fresh battlefield for bulls and bears, and further consolidation over it can put the foundations under a wider rally. The next main goal is to decide to regain USD 2000. Breaking above this threshold would mean a forceful change in moods and could cause an additional advantage when the buyers enter the market again.

However, caution remains justified. Failure to comply with current support would annul the recovery narrative and open the door to further losses. If Ethereum breaks below USD 1,700 with a volume, it can visit USD 1500, which acted as a historic demand zone. This would strengthen the long -term bearing structure and delay all hopes for full -scale recovery.

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