The post Ethereum Pulls Back 10% But Holds Monthly Gains – Is The Next Pump Loading? appeared on BitcoinEthereumNews.com.

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum is holding strong above the $2,500 level, showing resilience as the broader crypto market undergoes a healthy pullback. Despite recent volatility, ETH continues to trade within a bullish structure, fueling optimism that it could lead the next leg of the market’s rally. Analysts are closely watching Ethereum’s price action, calling for a potential breakout that might set the tone for an anticipated altseason. Related Reading Top analyst Ted Pillows shared key insights, noting that Ethereum is down just 10% from its local highs, yet up nearly 50% this month alone. This strong monthly performance is a clear indication that Ethereum remains in an uptrend, even as short-term corrections occur. According to Pillows, this kind of price behavior—holding steady while the market resets—often precedes aggressive moves, particularly if Ethereum can reclaim higher resistance levels in the coming days. With Bitcoin consolidating below its all-time highs and market participants eyeing renewed capital rotation into altcoins, Ethereum is well-positioned to act as a catalyst. A decisive move above $2,700 could validate the bullish outlook and trigger broader momentum across the altcoin market. For now, Ethereum’s relative strength continues to stand out amid market uncertainty. Ethereum Uptrend Holds Firm Despite Global Tensions Ethereum is facing a pivotal test as it continues to trade within a tight range since May 10th, hovering between key support and resistance zones. While macroeconomic uncertainty weighs heavily on traditional markets—driven by rising US Treasury yields and geopolitical tensions—Ethereum has shown impressive resilience. Bulls remain…

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Filed under: News - @ June 1, 2025 9:21 am