Ethereum (ETH) Price Alert: Bulls Charge Toward the $2,500 Breakout – Is This the Moment?

Ethereum's grinding rally faces its ultimate test—can bulls smash through the $2,500 resistance like a Wall Street bonus through moral restraint?

The psychological barrier holds firm... for now. ETH's price action coils tighter than a VC's pitch deck, with every retest of $2,450 met by equal parts greed and fear.

Technical indicators flash bullish divergence while shorts pile up—a recipe for either explosive upside or the kind of liquidation cascade that makes leverage traders vanish faster than a crypto project's 'long-term roadmap.'

All eyes on the weekly close. Break $2,500 convincingly, and $3,000 becomes the next magnet. Fail here? Prepare for the usual chorus of 'macro headwinds' from analysts who predicted neither the pump nor the dump.

TLDR

• Ethereum price climbed above $2,220 and is now targeting the $2,500 resistance level with strong technical support
• ETH formed a dragonfly doji pattern on the 3-day chart, indicating potential reversal after testing $2,100-$2,200 support range
• Over 61,000 ETH was withdrawn from Binance on Monday, suggesting traders are moving to long-term holding strategies
• Spot Ethereum ETF inflows surged 68% in June while Bitcoin ETF inflows declined 49.5%, indicating institutional rotation
• Bitcoin has over 90% of supply in profit while ETH lags at under 80%, creating potential for ETH catch-up rally

Ethereum price has started a fresh upward move, climbing above the $2,220 level and showing positive momentum toward the $2,500 resistance zone. The second-largest cryptocurrency is currently trading above $2,320 and the 100-hourly Simple Moving Average.

ETH successfully cleared the $2,220 and $2,250 resistance levels to MOVE into positive territory. The bulls pushed the price above the 61.8% Fibonacci retracement level of the downward wave from the $2,568 swing high to the $2,115 low.

The cryptocurrency is now facing hurdles NEAR the $2,480 and $2,500 levels. The price sits just above the 76.4% Fibonacci retracement level of the recent downward movement.

On the upside, ethereum could face resistance near the $2,500 level. The next key resistance lies near the $2,550 level.

If ETH breaks above $2,565, the price might move toward the $2,650 resistance. A clear break above $2,650 could lead to further gains toward the $2,720 resistance zone or even $2,800.

Technical Analysis Shows Bullish Signs

From a technical perspective, ETH recently tested a multimonth support range between $2,100-$2,200. This critical level held firm, showing strong buyer interest in the lower price range.

The three-day chart closed above $2,400 with a dragonfly doji candlestick pattern. This formation indicates a potential reversal after reaching range lows.

The dragonfly doji pattern shows sellers pushed prices lower early but buyers regained control. The long wick and bullish close reflect this shift in market sentiment.

The price rise since May marks the highest volume engagement since July-August 2022. This increased activity suggests renewed retail and institutional interest in Ethereum.

The liquidation heatmap reveals ETH forming higher lows above major liquidation clusters. The path of least resistance appears to point upward for the cryptocurrency.

Institutional Interest Grows as Capital Rotates

Market data shows institutional capital may be rotating from Bitcoin to Ethereum. Spot Ethereum ETF inflows surged to $950 million in June from $564 million in May.

This represents a 68.4% month-over-month increase in ETH ETF inflows. Meanwhile, spot Bitcoin ETF inflows declined from $5.23 billion in May to $2.64 billion in June.

BTC Supply in Profit: Topped Out

🔹In Zone 5, over 90% of BTC supply is in profit—similar to past cycle peaks.
🔹This suggests upside is becoming asymmetrically limited for BTC short term.

Smart money starts rotating when this happens. pic.twitter.com/bZVk4OYW1z

— Swissblock (@swissblock__) June 24, 2025

The 49.5% decline in bitcoin ETF inflows contrasts sharply with Ethereum’s growth. This creates a 118% swing in favor of ETH institutional flows.

Over 90% of Bitcoin’s supply is currently in profit, indicating limited short-term upside potential. Ethereum lags with under 80% profit realization among holders.

This lag mirrors historical patterns where ETH outperformed after Bitcoin peaks. The ETH/BTC ratio sits near multi-year lows, suggesting potential undervaluation.

Onchain data shows over 61,000 ETH was withdrawn from Binance on Monday. This movement suggests traders are shifting from short-term speculation to long-term holding strategies.

If Ethereum fails to clear the $2,500 resistance, it could start a fresh decline with initial support near $2,390 and the trend line at $2,350.