{"content":"⚡ Ethereum Holds Steady — Is a Breakout Brewing Despite Market Jitters? Even as macroeconomic uncertainty grows, Ethereum remains above critical support levels and outperforms the crypto market. Since its April lows, ETH has doubled in value and increased over 100%, showing no signs of stopping. ETH is over $2,600 and nearing important resistance zones, therefore market players are monitoring. Investors see Ethereum's narrow consolidation range as the stage for its next big move. After rallying over 100% since April, ETH is challenging critical resistance levels around $2,650–$2,700. Runefelt said that Ethereum “refuses to dump on the daily timeframe,” indicating bullish persistence. His research shows that Ethereum might break out of its consolidation triangle to the upside if Bitcoin moves sideways, triggering a long-awaited altseason. Consolidation seems positive technically. The price has made higher lows since April and is above all significant moving averages. The $2,300 base is strengthening, and $3,100 is the bullish goal if resistance is broken. Runefelt's optimistic and bearish scenarios—$3,100 up and $2,300 down—focus on the present range. Ethereum is primed for a dramatic shift as trading volume decreases and volatility rises. If the breakthrough occurs, ETH might reach cycle highs and boost altcoin market confidence. Ethereum (ETH) is trading at $2,616, close below the 200-day SMA of $2,679. ETH has struggled to break above this level for weeks. After multiple intraday rises over $2,650, the price has not broken out. After rallying from its April lows of $1,800, ETH is consolidating between $2,480 and $2,700. The 34-day EMA ($2,406) and shorter-term SMAs are rising, suggesting bullish medium-term momentum. Volume has been consistent but ordinary, indicating neither side is convinced. Clean daily closes over $2,700 might confirm a breakthrough and lead to $3,000. If ETH fails to sustain $2,480, it may drop down to the 100-day SMA at $2,065. #ETH #TrumpTariffs #MarketPullback #PCEMarketWatch #SaylorBTCPurchase $BTC $SOL ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/04/8d64c1c074694398860e00b3a3d80fb7.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}