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Ethereum is trading at a critical time as sentiments in the broader market turn bullish. After weeks of stagnation and volatility, the second largest cryptocurrency by market capitalization is about to solidify its bottom. Currently, ETH remains trapped in the $1,750 to $1,850 range. This is the zone where you can quickly determine your next major move. The Bulls manage short-term pricing measures, but breakouts beyond resistance are essential to see a true reversal of the trend.
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Top analyst Daan shared a detailed breakdown that revealed that Ethereum’s recent 1,750-level re-reclamation marked a meaningful change in market dynamics. According to Dern, this is the first successful revival of previous levels of support since Ethereum lost its $4,000 zone in December. That event is the turning point of the bear cycle, and this movement can be the beginning of a larger inversion if momentum applies. However, he warns that not moving forward from here could undermine already established momentum.
As the broader market intensifies, Ethereum’s next move It can affect the entire Altcoin space. Now, there’s all eyes to whether ETH can maintain its strength and climb over $1,850 in upcoming sessions.
Ethereum is trapped in key range as the Bulls struggle to build momentum
Ethereum is currently trading around key zones, and the Bulls are trying to shift the trend, but have not established a clear breakout. Despite signs of a possible reversal, ETH remains at over 55%, 55% below the December high, highlighting the difficult fight for a sustained recovery. Price action tightened between $1,750 and $1,850, forming a compression structure that reflected both attention and expectations in the market.
In the short time frame, Ethereum is beginning to show early signs of bullish structures. Higher lows are appearing, suggesting that buyers are following important levels. However, as sales pressure continues to curb the possibility of rising, the higher each push meets resistance. The wider environment remains vulnerable, with macroeconomic uncertainty and volatility across the market keeping investors cautious.
Darn shared Technical insights It highlights the importance of the recent $1,750 break. Dern said this is the first time ETH has recovered previously lost support levels since it fell from $4,000 in December last year. This indicates a potential change in market dynamics. However, he warns that retention and building is essential from this point on. This is because failure to continue higher can halt the rallies and erase recent advances.
The $1,750 to $2,100 range has become a key zone to monitor. A critical break above $2,100 can cause a wider Altcoin rally, but losing $1,750 can expose your ETH to a deeper correction, which could result in an update of bear pressure.
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ETH Price Analysis: Breakout after maintaining key level
Ethereum is currently trading at $1,833 and continues to have a tough consolidation just below the $1,850 resistance level. As shown on the 4-hour chart, ETH has been steadily recovering since mid-April, forming a higher low while holding both EMA ($1,780) and SMA ($1,702) above for 200 periods. This structure suggests bullish momentum will increase in the short term.
These levels previously served as dynamic resistance throughout April, so recent movements above the 200 EMA and 200 SMA indicate a major change in trend direction. ETH is traded on top of them, which could serve as a strong support in the case of pullbacks. However, prices continue to face resistance of nearly $1,850. This is the level that has rejected several higher intrusion attempts.
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If the Bulls are able to clear this barrier, the next level of viewing is the psychological $2,000 mark. On the downside, failing to hold $1,800 can update sales pressure and drop towards the $1,700 zone. The volume remains relatively low, which may suggest that larger movements are imminent.
Dall-E special images, TradingView chart
