Ethereum Bulls Charge as Price Nabs First Major Horizontal Break in 2025 – Can They Defend the Line?
Ethereum’s price action just pulled off its most significant horizontal reclaim since the last cycle—sparking a mix of hope and skepticism among traders. The $3,500 level, once a brutal resistance zone, now flips to tentative support. But with institutional money still playing patty-cake with Bitcoin ETFs, can ETH really hold its ground?
Technical signals flash bullish: RSI coils near 60, and volume ticks upward. Yet seasoned traders know crypto’s oldest truth—every breakout is a fakeout until proven otherwise. Watch for a decisive close above $3,600 to confirm the move. Otherwise, prepare for the classic ’Bart Simpson’ retracement that leaves retail bagholders muttering about manipulation.
Funny how these ’historic breakthroughs’ always seem to happen when CME gap fills are in play. Coincidence? Probably not—but hey, at least the gas fees are low this week.
Ethereum Bulls Attempt to Shift Market Structure
Ethereum has rallied impressively, gaining over 32% from its local low of $1,383. This recovery has brought ETH to a critical price level, where bulls must hold and build momentum to break the broader downtrend that has defined much of 2024. A sustained move above current levels could mark a long-awaited shift in market structure, providing confidence that Ethereum is ready to trend higher over the medium term.
However, broader macroeconomic forces continue to weigh heavily on investor sentiment. Ongoing trade tensions between the United States and China remain unresolved, with each new tariff threat adding further strain on global supply chains. These geopolitical pressures threaten to limit risk appetite, and any further escalation could stall Ethereum’s recovery. On the flip side, a diplomatic breakthrough could trigger a strong shift in investor positioning across all risk assets, including crypto.
In the meantime, Ethereum must defend current levels to keep bullish momentum intact. Daan’s analysis highlighted that ETH is currently testing the $1,750 level, which previously acted as key support. If Ethereum can reclaim this horizontal zone, it would mark the first time in months that ETH retakes rather than rejects a critical level. Daan emphasized that daily closes above $1,750 are ideal and would confirm strength, potentially opening the door for a larger breakout.
ETH Price Holds Key Levels, Bulls Must Reclaim $2K Soon
Ethereum is currently trading at $1,770, maintaining strength above the 4-hour 200 EMA—a key short-term indicator that has historically acted as both resistance and support during critical trend shifts. Bulls have managed to defend this level over the past few sessions, signaling growing confidence and momentum as Ethereum attempts to recover from its recent downtrend.
Holding above the $1,700 zone is now essential to avoid triggering another wave of selling. This level has become the new battleground for bulls and bears, and continued consolidation above it may lay the groundwork for a broader rally. The next major objective is a decisive reclaim of the $2,000 level. A breakout above this threshold would mark a strong shift in sentiment and could trigger additional upside as sidelined buyers re-enter the market.
However, caution remains warranted. A failure to hold current support would invalidate the recovery narrative and open the door to further losses. If Ethereum breaks below $1,700 with volume, it could revisit the $1,500 level, which has acted as a historical demand zone. That would reinforce a longer-term bearish structure and delay any hopes of a full-scale recovery.
Featured image from Dall-E, chart from TradingView
