Ethereum Struggles Below $2,550: Is the Bull Run Stalling?

Ethereum's price action hits a wall at $2,550—again. Traders are left wondering if this is just a speed bump or the start of a deeper correction.

Key resistance holds firm. The $2,550 level has become Ethereum's nemesis, rejecting multiple breakout attempts this week. Bulls are getting restless.

Volume tells the story. Thin trading activity suggests institutional players are sitting this one out—probably too busy chasing the next shiny DeFi token.

What's next? If ETH can't crack $2,550 soon, we might see a retest of support at $2,300. But in crypto, 'support' is just resistance that hasn't been tested enough yet.

Key technical points

• Resistance at $2,550: Confluence of 0.618 Fibonacci retracement, POC, and HTF resistance.
• Market Structure Break: New local low formed, suggesting potential SFP setup.
• Next Support at $2,220: Unfilled fair value gap and HTF demand zone.

Ethereum’s $2,550 resistance has now been tested and rejected multiple times over the past 7 to 10 days. This level carries significant technical weight due to the alignment of the POC and the 0.618 Fibonacci retracement, making it a structurally dense zone that must be cleared for bullish continuation.

The latest drop has resulted in a clear break of short-term structure, forming a new local low. While such moves can sometimes precede a swing failure pattern, current volume data does not support this outcome. Without an influx of buying pressure, the likelihood of further downside increases.

If price action continues to reject from $2,550, Ethereum may rotate down toward the high time frame support zone near $2,220. This level also contains an unfilled fair value gap, adding technical confluence to its significance as a downside target. A move to this region WOULD further define the trading range between $2,550 resistance and $2,220 support.

What to expect in the coming price action

Ethereum is likely to remain range-bound between $2,550 and $2,220 unless a decisive break, confirmed by rising volume, resolves the current standoff. If resistance holds and momentum continues to fade, traders should prepare for a MOVE toward the lower boundary of the range. A confirmed reclaim of $2,550, however, would shift the bias back toward bullish continuation.