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Ethereum (ETHUSD) Shows Strength As Buyers Reclaim Bullish Momentum Decisively

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ETHUSD shows strength as buyers reclaim bullish momentum decisively. From a technical standpoint, price dipped into the $2,180–$2,150 support structure, which aligns with a bullish order block and FVG. The quick rejection from this zone and successive bullish candles indicate that buyers are defending this level aggressively. The market structure remains intact with a series of higher lows forming from mid-April, and the current price action has created a bullish reaction zone, setting a base for potential upward continuation.

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Looking ahead, if the price sustains above the $2,450 level, a retest of $2,860 is likely in the near term. Should bullish momentum persist beyond that, the next upside target sits around $3,160. However, a minor pullback into the $2,300–$2,250 region could occur before the next bullish leg, providing more favorable entries for late buyers. Overall sentiment remains bullish as long as the price stays above the $2,150 support floor.

ETH Key Levels

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

Ethereum (ETHUSD) Shows Strength As Buyers Reclaim Bullish Momentum DecisivelyWhat are the indicators saying?

The ETHUSD market has exhibited a significant bullish reversal from the $2,150 demand zone, supported by a rebound from the Fair Value Gap (FVG) and order block (OB) region. The price has closed above the 9-day Simple Moving Average, currently at approximately $2,450, affirming short-term bullish control. Additionally, the MACD histogram has begun to rise, while the MACD line is showing signs of convergence with the signal line, indicating a potential momentum crossover to the upside.

 

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