Ethereum Tests Critical Range: Breakout Or Breakdown?
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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. Este artículo también está disponible en español. Ethereum is trading at a critical juncture as broader market sentiment turns bullish. After weeks of stagnation and volatility, the second-largest cryptocurrency by market cap is attempting to solidify a bottom. Currently, ETH remains stuck in a tight range between $1,750 and $1,850—a zone that could soon determine its next major move. Bulls are in control of the short-term price action, but a breakout above resistance is essential to confirm a true trend reversal. Related Reading Top analyst Daan shared a detailed breakdown revealing that Ethereum’s recent reclaim of the $1,750 level marks a meaningful shift in market dynamics. According to Daan, this is the first successful retake of a former support level since Ethereum lost the $4,000 zone in December. That event was a turning point in the bear cycle, and this move could be the start of a larger reversal if momentum holds. However, he cautions that failing to push forward from here could undermine the momentum already established. With the broader market heating up, Ethereum’s next move will likely have implications across the altcoin space. All eyes are now on whether ETH can maintain its strength and climb above the $1,850 mark in the coming sessions. Ethereum Trapped In Key Range As Bulls Struggle To Build Momentum Ethereum is currently trading around a pivotal zone, with bulls attempting to shift the trend but failing to establish a clear breakout. Despite signs of a potential reversal, ETH…
Filed under: News - @ May 4, 2025 10:16 am