ETH Rebounds Sharply From Intraday Lows, Signals Bullish Shift as $2,500 Holds

6 days ago

Ethereum continues to show notable resilience amid increasing economical headwinds, maintaining its footing supra the $2,500 enactment level contempt intensified marketplace volatility.

The plus rebounded sharply from $2,472.84 to a league precocious of $2,547.92, with terms presently holding adjacent $2,514. Technical momentum remains intact arsenic higher lows persist, supported by beardown request astir the $2,486-$2,490 zone.

Trade tensions betwixt the United States and China and the caller ascent successful US Treasury yields person weighed heavy connected hazard assets, but Ethereum has held up comparatively well.

Meanwhile, spot ETF inflows person added a tailwind, with $3 cardinal successful nett concern implicit the past 3 weeks pointing to sustained organization interest.

While upside remains capped by absorption adjacent $2,550, ETH’s terms enactment reflects coagulated purchaser condemnation amid macro uncertainty.

Technical Analysis Highlights

Ethereum exhibited a notable 24-hour scope of $67.47 (2.72%), with terms enactment marked by a mid-day betterment from $2,472.84 to a highest of $2,547.92.
The plus established beardown enactment astatine the $2,486–$2,490 zone, confirmed by above-average measurement during the 03:00 hour.
Resistance emerged adjacent $2,540–$2,547, wherever accordant profit-taking capped further upside.
A decisive bounce from the $2,488 level, backed by 172,137 ETH successful volume, reinforced bullish momentum contempt late-session consolidation.
ETH surged from $2,506.05 to $2,515.16 successful the last hour, forming a wide uptrend betwixt 07:05–07:18 supported by beardown measurement (4,730 ETH).
A pullback to $2,502.42 held firm, with bulls stepping successful to support the $2,504–$2,506 portion and forestall a breakdown.
The last minutes saw renewed strength, with ETH climbing backmost toward $2,514, highlighting ongoing buying involvement contempt earlier volatility.

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