Ethereum (ETH) Skyrockets 15% Post-Trump Ceasefire—Is the Crypto Winter Thawing?

Ethereum just ripped past resistance like a bull through a china shop—up 15% in a single surge after geopolitical tensions eased. Trump’s ceasefire tweet became rocket fuel for ETH, leaving traders scrambling.

Key Takeaways:

- Price Action: ETH’s bounce defies last week’s bearish sentiment, flipping $3K from resistance to support overnight.

- Macro Triggers: Traders are pricing in reduced risk-off sentiment—because nothing says 'safe haven' like volatile crypto reacting to political headlines.

- On-Chain Data: Whale wallets woke up. Exchange outflows spiked 200% pre-pump—smart money front-running retail again.

Cynic’s Corner: Wall Street’s still calling it a 'speculative asset' while quietly stacking ETH futures. Classic.

Bottom Line: This isn’t just a dead-cat bounce. ETH’s showing strength where it counts—now watch the $3.2K retest. Break that, and the bears might need their own ceasefire.

Following a spike in trading volume, ETH broke past resistance at $2,400 and flipped $2,275 into support. On a larger time frame, analysts note a potential bull flag pattern, suggesting another leg up if $2,500 is cleared. However, traders remain cautious, as unconfirmed ceasefire reports could unravel. 

At the time of writing, Ethereum (ETH) is trading near $2,410—up 7% in the past 24 hours, with a trading volume of $25.56 billion. 

The current community sentiment on X reflects optimism, with posts highlighting ETH’s climb past $2,400 alongside Bitcoin’s surge. Some users warn of volatility if the ceasefire falls apart, while others see Trump’s pro-crypto stance as a longer-term catalyst. 

Despite the rally, risks remain as geopolitical tensions could resurface, and ETH’s price action hinges on the ceasefire’s credibility. 

For now, Ethereum’s surge signals renewed confidence, but whether this marks a local bottom or a temporary spike depends on sustained market momentum and clarity on the global stage. Investors are watching closely as ETH tests key levels.

Also read: Pro-XRP Lawyer Says Ripple Could Hit $100B Market Cap Post-IPO