Ethereum continues to demonstrate a remarkable resilience in the midst of growing winds against winds against, keeping its foot above the support level of $ 2,500 despite the volatility of the intensified market.
The asset was abruptly recovered from $ 2,472.84 to a session of $ 2,547.92, with a price that currently has about $ 2,514. The technical impulse remains intact as the highest minimums persist, backed by a strong demand around the $ 2,486- $ 2,490 area.
Commercial tensions between the United States and China and the recent rise in the yields of the United States Treasury have largely weigh the risk assets, but Ethereum has remained relatively well.
Meanwhile, SOP ETF tickets have added a tail wind, with $ 3 billion in net investment in the last three weeks pointing out a sustained institutional interest.
Although the advantage remains limited by a resistance about $ 2,550, the ETH price action reflects a solid conviction of the buyer in the middle of the macro uncertainty.
TECHNICAL ANALYSIS
- Ethereum exhibited a remarkable 24 -hour range of $ 67.47 (2.72%), with a price action marked by a half -day recovery of $ 2,472.84 at a peak of $ 2,547.92.
- The asset established a strong support to the $ 2,486– $ 2,490 area, confirmed by the volume higher than the average during the 03:00 hours.
- The resistance arose about $ 2,540– $ 2,547, where constant profits limited more upwards.
- A decisive rebound of the level of $ 2,488, backed by 172,137 ETH in volume, reinforced the bullish impulse despite the consolidation of the late session.
- ETH increased from $ 2,506.05 to $ 2,515.16 in the final hour, forming a clear bullish trend between 07: 05–07: 18 backed by a strong volume (4,730 ETH).
- A setback at $ 2,502.42 remained firm, with bulls intervening to defend the region of $ 2,504– $ 2,506 and avoid a breakdown.
- The final minutes saw a renewed fortress, with ETH rising to $ 2,514, highlighting the interest of continuous purchase despite the previous volatility.
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