Ethereum Recovery Overview

Ethereum has shown significant strength after bouncing back from a critical support level at $2,584. The cryptocurrency quickly regained stability above $2,620, successfully countering larger macroeconomic pressures related to the ongoing U.S.-China trade tensions and general policy uncertainties.

Market Dynamics:

• Ether surged 2.4% from its support, confirming a V-shaped recovery pattern amid increased volume.
• ETF inflows have reached their highest point in 2025, indicating consistent institutional interest despite geopolitical challenges.
• The resistance level at $2,645 is pivotal as Ether solidifies its position above $2,620 with patterns of higher lows.

Technical Analysis Highlights:

• 24-hour trading range: $2,584.33 to $2,645.65, with a notable rebound at $61.32 (2.37%).
• Significant demand appeared at $2,584, where hourly volume peaked at 169,933 ETH.
• Analysts expect a potential breakout if Ether surpasses $2,650 to $2,700.