{"content":"🚀 Ethereum Flips Resistance Into Support — Is a Breakout Beyond the Range Next? Ethereum is holding over $2,500 despite market volatility. Bulls have turned $2,500 from resistance to support, but pressure remains below $2,700. Technical observations from top analyst Ted Pillows highlighted Ethereum's structure after the $2,500 barrier was recaptured. The next hurdle is recovering the range high. Failure to maintain support may lead to decreasing demand. At now, bulls are in charge, but the market is anxious for a decision. Ethereum Gains Strength As Range Increases Ethereum has traded between $2,400 and $2,700 since early May, forming a consolidation zone. After regaining $2,500 and turning it into support, ETH may breakout. Ted Pillows said that Ethereum is “looking good” and may soon return to the range's top limit. Ethereum is strong, but market circumstances are uneven. Bitcoin's inability to break above its all-time high puts pressure on the crypto market, and altcoins struggle to stabilize. Macroeconomic uncertainty has reduced after positive employment data and US congressional moves, but obstacles remain. US Treasury yields are rising and the Fed is delaying interest rate cuts, creating a cautious climate. Ethereum's stability over $2,500 signals bullishness. If price breaks $2,700, it might catalyze a wider altcoin surge, reviving market momentum. Without a short-term breakout, consolidation or a reversal are probable. This week may define Ethereum and the altcoin market's future. As consolidation tightens, ETH tests resistance Ethereum is above its moving averages at $2,550 and consolidating in a narrow range. ETH is trying to break over the 200-day moving average, now $2,488, while staying above the 50- and 100-day averages on the daily chart. Key technical levels have converged, indicating bull-bear equilibrium. After repeated efforts since early May, Ethereum has failed to cross $2,700. Each advance higher has received selling pressure, indicating this zone remains a strong hurdle. #ETH #Ethereum #TrumpTariffs $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/09/052717eb51d438c9b31dfd18b59b0063.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}