ETHUSD Shows Strong Bullish Structure with Accumulation and Breakout Potential

ETHUSD shows strong bullish structure with accumulation and breakout potential. Technically, ETHUSD has respected the bullish order block (OB) around the $2,460–$2,490 zone. This area has acted as a demand zone after a short-term liquidity sweep below the swing low at $2,460. The repeated defense of this OB region signals institutional accumulation, with the market rejecting lower prices multiple times. Furthermore, the false break below $2,460 and rapid recovery back into the range further validate the bullish intention.

Looking ahead, a breakout above the $2,600–$2,610 level could trigger a bullish continuation toward the $2,860 level, the next significant resistance. If price achieves a decisive close above $2,860, the path clears toward $3,160 and potentially $3,530 in the medium term. Continued consolidation above the OB would strengthen the bullish outlook, especially if supported by a positive MACD crossover.

ETH Key Levels

Supply Levels: $2860, $3160, $3530
Demand Levels: $2150, $1880, $1380

What are the indicators saying?

ETHUSD currently exhibits a bullish posture supported by both price action and indicators. The 25-day Simple Moving Average (SMA) is trending upward and acting as dynamic support, indicating sustained buyer control. The (Moving Average Convergence Divergence) MACD histogram is still in the negative territory, but with a narrowing spread between the MACD and signal lines, suggesting bearish momentum may be exhausting. Price is consolidating just above the $2,460 support level, reinforcing the notion that bulls are accumulating in anticipation of a larger move. The higher low structure formed since April underscores this positive momentum.

 

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