ETH Builds Bullish Case Above $2,620 With $2,700 Target on the Horizon

Ethereum Rebounds Sharply Above $2,620 as Bulls Gear Up for $2,700 Test

Ethereum is flashing strength once again, bouncing confidently from a low of $2,584 to reclaim the $2,620 level—a key zone traders are watching as a launchpad toward $2,700.

The recovery gained momentum during the early morning hours (UTC), when ETH spiked to $2,645 on a surge in volume, signaling aggressive buying interest. That move marked a clear reversal from earlier weakness and has since stabilized into a tighter consolidation range around $2,629.

Market participants are zeroing in on the $2,625–$2,645 band as a short-term demand zone, where consistent higher lows are forming and intraday dips are being bought up quickly. A clean breakout above $2,700 could open the door for a larger trend move if momentum holds.

Institutional flows into ETH-related products continue to support the rally, even as macro pressures persist. With technicals aligning and sentiment improving, traders say Ethereum may be entering the early stages of another bullish leg.

All eyes are now on whether ETH can hold current levels and build the thrust needed to break through the $2,700 ceiling.