Ethereum Begins Recovery After Sharp Correction: Analysts Spot Bullish Signals

Ethereum (ETH) is showing early signs of a potential recovery after experiencing a significant 50% decline from its 2025 highs. The cryptocurrency found strong support around the $1,600 level, which technical analysts believe could mark a bottom for the current downtrend. Key momentum indicators, including the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), are displaying bullish signals on daily charts, suggesting a possible reversal. Prominent analyst Michaël van de Poppe has noted that ETH is ’holding above critical support levels,’ indicating resilience despite recent market pressures. As of May 2025, Ethereum’s price action is being closely watched by traders and investors for confirmation of a sustained upward trend. The improving technical outlook, combined with growing institutional interest in Ethereum’s ecosystem, could pave the way for a renewed bullish phase in the coming weeks.

Ethereum Shows Early Signs of Recovery After 50% Decline from 2025 Highs

Ethereum (ETH) is displaying tentative signs of revival following a steep 50% correction from its 2025 peak. The cryptocurrency found support NEAR $1,600, establishing what technical analysts view as a potential bottom.

Market observers note improving momentum indicators, with the RSI and MACD both flashing early bullish signals on daily charts. Michaël van de Poppe, a prominent analyst, suggests ETH is "holding above the crucial level" and could rally toward $2,100 within weeks.

The recovery attempt comes after months of sustained selling pressure. Traders are now watching for confirmation of trend reversal, with the $2,100 level emerging as the next key resistance threshold.

Ethereum Pectra Upgrade Launches: Why It’s a Bigger Deal Than the Merge

The Ethereum Pectra upgrade went live on May 7, 2025, at 10:05 UTC, marking a pivotal moment in Ethereum’s evolution. Despite the significance of the upgrade, the Ethereum price has remained steady since late April, suggesting the market had already priced in the changes.

Pectra, a dual-layer hard fork combining Prague (execution layer) and Electra (consensus layer), aims to create a more user-friendly, efficient, and scalable blockchain ecosystem. The development spanned 18 months, with multiple testnet delays before its final deployment.

Market reaction has been muted, with Ethereum’s last major price surge occurring on April 22nd. The upgrade’s long-anticipated nature may have tempered immediate volatility, leaving traders to focus on broader adoption and scalability implications.

Ethereum’s Pectra Upgrade Goes Live with Major Enhancements and Risks

Ethereum’s Pectra upgrade, a significant overhaul combining Prague and Electra changes, has officially launched on the mainnet. The update introduces advanced wallet functionality, improved data handling, and staking modifications, marking a pivotal moment since the Merge.

Developers highlight the upgrade’s transformative potential, enabling wallets to operate like smart contracts. Yet, security concerns linger among users as the network navigates this complex transition.

Ethereum DEX Inflows Surge: Is a $2.5K Breakout Ahead?

Ethereum dominates decentralized exchange activity with $166 million in net inflows over 24 hours, far outpacing competitors like Arbitrum. Traders appear to be accumulating ETH ahead of a potential price surge toward $2,500.

On-chain metrics reveal growing trader conviction as Ethereum’s DEX inflows nearly double those of the next-closest blockchain. Technical indicators and market structure suggest accumulating bullish momentum.