ethereum has experienced a massive price increase, jumping at the level of $ 2,200 to $ 2,500 in just a few hours. This occurs after an extreme sales pressure period that saw eth fall as low as $ 2,080 on Friday, which led analysts to wait for greater decreases. However, the market was quickly reversed after an important announcement by President Trump regarding a cryptographic strategic reserve of the United States, which includes ethereum.
This unexpected news triggered a strong reaction throughout the cryptography market, with eth claiming key levels and feeding optimism among investors. The movement has changed the feeling, since merchants now speculate if ethereum can continue their rally towards the $ 3,000 mark.
The Superior Daan analyst shared a technical analysis in x, explaining that eth swept all liquidity below $ 2,100 before bouncing sharply from that point. According to Daan, this movement was significant, since ethereum absorbed the liquidity on the side of the sale and now continues its upward impulse after Trump's announcement.
With eth recovering force, investors are closely observing the key resistance levels to see if the rally can continue. If ethereum remains above $ 2,500, a higher additional movement is likely. However, the market is still volatile, and bulls must maintain the impulse to confirm a complete recovery.
ethereum prepares to move
ethereum has faced a relentless sales pressure and a negative feeling, which leads to greater speculative activity that is inclined in the short term. Since the end of December, the price of eth has sunk almost 49%, leaving investors in despair while waiting for a recovery. The market has struggled to find a solid base for reversal, and analysts warn that if ethereum does not claim the key levels soon, it could follow a greater inconvenience.
However, yesterday's rebound has caused renewed optimism among merchants who anticipate a rapid and aggressive recovery. The sudden increase in ethereum at the level of $ 2,200 to $ 2,500 surprised many, especially after the recession of the entire market that saw eth decrease as low as $ 2,080 on Friday. This price movement coincided with the announcement of President Trump of a American cryptographic strategic reserve, which included ethereum.
<a target="_blank" href="https://x.com/DaanCrypto/status/1896405878842224710″ target=”_blank” rel=”noopener nofollow”>Daan technical analysis in x It emphasizes that eth swept all liquidity below $ 2,100 before bouncing abruptly. According to him, this movement confirmed that ethereum had absorbed the liquidity on the side of the sale and was ready for the continuation. He also noted that eth is currently in a neutral zone, stating: “We are in the middle of nowhere while we talk, but that level of $ 2.8K is still important if we review it later.”
ethereum's next steps will determine whether this recovery gains impulse or fades in another phase of consolidation. If eth pushes towards the $ 2,800 mark and remains on top, the bullish impulse could accelerate. However, if the price struggles to maintain your profits, another sales pressure round could arise. Investors are still cautiously optimistic, closely observing ethereum's ability to break the resistance and confirm a new upward trend.
Price struggles below $ 2,500
ethereum is currently quoted at $ 2,350 after experiencing intense sales pressure in recent days. Despite the recent rebound, the price continues to fight below the critical resistance level of $ 2,500. The bulls have not been able to confirm a recovery rally, since eth remains caught within a range of uncertainty.
If ethereum can claim the $ 2,500 brand and stay above it in the next few days, you could follow a strong rally. Breaking beyond this resistance would open the door for a thrust towards the level of $ 2,800, which analysts see as a key objective. However, the lack of interruption above $ 2,500 could leave eth vulnerable to a greater inconvenience, especially if the bearish feeling continues to dominate the market.
On the negative side, losing the support level of $ 2,200 could trigger another sales pressure wave. If eth falls below this brand, it could lead to deeper correction, with the next demand zone of the next large amount of demand around the level of $ 2,000. Investors are still cautious, observing signs of one break or another leg down. In the short term, ethereum's price action will depend largely on whether bulls can generate sufficient impulse to push eth over $ 2,500 and confirm a sustained recovery trend.
Outstanding image of Dall-E, TrainingView graphics