Ethereum holds a fortress near $2,500, resisting the retreat of the crypto tide. Defying tremors of the past few days, however, ETH continued its bullish rally, giving rise to whispers of it leading the rally. All eyes remain on Ethereum’s price chart, as analysts expect a breakout that could finally bring forth the altseason.
The post is about what the market maven, Ted Pillows, has to say about Ethereum’s strength. The dips bring a sting into the trade, but Ethereum has only lost 10% of its peak value while surging by 50% this month-the bullish indicator. According to Pillows, such situations are never fortuitous; it’s indicative of a strong uptrend which, for instance, halted on temporary storms. He goes on to say that, based on his past experience, patterns such as these often form prior to the price exploding if Ethereum can clear some key resistance levels in the near future. Keep watching!
The bitcoin rally is taking a break, which is raising the whispers of altcoin season. Ethereum, poised like a spring, is probably going to be that match and light the fuse. A penetration above $2,700 would be more than just a price surge; it would mean a wider altcoin boom. The market is stumbling, and Ethereum is proving to be resilient, carrying the sign of an explosion.
Ethereum Uptrend Holds Firm Despite Global Tensions
Ethereum: Ready to Break Free? Wow! Since May 10, 2022, Ether has been coiled like a spring, trapped between the gravitational pull of support on their bottom side and the magnetic force of resistance upward. And while conventional markets trembled in the soaring US Treasury yields and the global unrest, Ethereum refused to break. Is such resilience indicative of hidden strength? The bulls have gone with it, maybe on the back of such strong fundamentals coupled with the rising tide of investor optimism. Now, shall ETH finally bid goodbye to its shackles to stand up and soar over the horizon, or will the bears ferry it back down? The whole crypto world is holding its breath.
Ethereum dropped 10% from its highs, but zooming out, it is still up almost 50% this month! This is not just a rally: this is a rocket launch! Even after the recent turbulence shook off the weak hands, the underlying strength of ETH is unquestionable. Higher lows are being carved into the chart; a clear message is coming across: whales are loading and not dumping.

Forget pumps and dumps that happen in the limelight. Under the surface of all this noise, a strong tide is turning in favor of Ethereum. The price action offers clues, but the on-chain signals and institutional roars are affirming constant demand here. There is capital flowing into Ethereum ETFs, and if it might seem that Bitcoin does have a head start, that smaller frameworkfor Ethereum means that perfectly this much inflow will pack larger punches. But the thing that throws the dent into this: whispers of the big institutions buying upwards of a billion dollars’ worth of ETH under the radar. This is not just a trade; this is a long shot on Ethereum’s role in the future digital landscape.
Ethereum is like a spring coiling and ready to launch. The decisive breakout above the $2,700–$2,850 region is not just a price move, but it shall go right at the starting line of an altseason, with ETH going first. While others are struggling, Ethereum’s calmness in the stormy weather of the market seems to whisper the promise of being bullish.
Ethereum Weekly Chart Holds Firm
Defiance is the exact word from Ethereum’s weekly chart as it hovers at $2,509, having flirted with $2,789 levels earlier in the week. A layman would relate these moments of sideways consolidation to weakness. This could not be farther from the truth, for Ethereum currently rests above two important lines in the sand-the 200-week SMA at $2,452 and the 34-week EMA at $2,498. Picture this: after an explosive 50 percent rally from April lows, these levels have now stood the test of battle as support, suggesting an underlying bullish swell awaiting an opportunity to rise all the way to the surface.

Ethereum price similar to on the fork holds under great resistance levels formed by the 100 and 50-week Simple Moving Average, which repelled bulls all through this market cycle. Will ETH break through the ceiling marked by $2,725? A clean break of this level will not be just a transaction recorded on their format but practically describe a tectonic shift being confirmed by the bull dominance as they race to ensure that $3,000-$3,200 worth of promised land.
Since the breakout, ETH’s rally has been taking some time to catch its breath. Volume has diminished since the initial surge back three weeks ago, indicating a consolidation and not a breakdown. The upside bulls are of the opinion that the re-assertion of $2,725 would provide the impetus to light up the upward fire again. Until then, the slow crawl should continue… unless something big happens out there in the macro arena to stop it.
Featured image from Dall-E, chart from TradingView
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