ETH Climbs Sharply After Intraday Decline, Pointing to Bullish Outlook with Key $2,500 Support Level Maintained

Ethereum (ETH) staged a strong recovery, climbing 1.7% from its intraday lows as buyers stepped in with increased volume, signaling a potential shift to bullish momentum above critical support.

Despite mounting economic challenges and market volatility, Ethereum held firm above the key $2,500 support level, demonstrating impressive resilience.

During the session, ETH surged from a low of $2,472.84 to an intraday peak of $2,547.92, now trading around $2,514. The price trend features a series of higher lows, supported by significant buying interest in the $2,486 to $2,490 support range.

Ongoing U.S.-China trade tensions and rising U.S. Treasury yields have pressured risk assets broadly, but Ethereum has maintained relative strength amid the turmoil.

Institutional interest remains robust, with spot ETF inflows totaling $3 billion in the past three weeks, underscoring strong demand from major investors.

While resistance near $2,550 presents a hurdle, the current price action points to solid buyer conviction despite macroeconomic uncertainties.

Technical Overview

• ETH traded within a 24-hour range of $67.47 (2.72%), with a midday rebound from $2,472.84 to $2,547.92.
• The $2,486–$2,490 zone acted as a firm support level, validated by increased volume in the early trading hours.
• Resistance around $2,540–$2,547 prompted profit-taking, limiting further upward movement.
• A notable bounce from $2,488, supported by 172,137 ETH traded, helped sustain bullish momentum during consolidation.
• ETH climbed from $2,506.05 to $2,515.16 in the final trading hour, backed by strong volume (4,730 ETH), establishing a clear uptrend.
• A brief pullback to $2,502.42 held steady as buyers defended the $2,504–$2,506 support area.
• Renewed buying pressure in the session’s final minutes pushed ETH back toward $2,514, indicating persistent demand despite earlier volatility.