Ethereum experienced a powerful power this week, rebounding strongly at a low level of $ 1,380 and increasing more than 21% in a few hours. The rally was fueled by a temporary change in the macro feeling after the announcement by US President Donald Trump of a 90 -day break on reciprocal prices for all countries, with the exception of China, which remains under a price of 125%. The news sparked a rescue rally on the financial markets, Ethereum leading the rebound in the cryptography sector.
Despite the strong decision, the ETH remains below key technical levels and the action of the prices shows signs of consolidation while the bulls try to create a momentum. The wider Altcoin market continues to fight, with a weakness across the sector weighing on the confidence of investors.
According to Glassnode data, all the main sectors of Altcoin have experienced clear declines in recent months. The correction has been wide and strongly correlated, offering little idiosyncratic performance. Even Bitcoin and Ethereum – generally considered to be the most resilient assets of the crypto – displayed negative yields during the same period.
While Ethereum is entering a consolidation phase, traders watch closely to see if this rebound marks the start of a sustained recovery or simply another short -term reaction in a wider decrease trend.
Ethereum faces a crucial test in the middle of the macroeconomic opposite winds
Ethereum is again at a central point in the market, after weeks of intense pressure and uncertainty. After diving at fresh stockings, the ETH bulls are finally working, trying to recover the key levels after a strong rebound compared to the $ 1,380 mark. This decision comes in the midst of increased volatility in global markets – not only in crypto, but also in actions – such as fears of a global recession and prolonged commercial disputes between the United States and China continue to shake the feeling of investors.
Despite the rebound, Ethereum remains in a fragile territory. The market is clearly divided: some investors see this rebound as the beginning of a recovery, while others claim that it could just be a temporary break in a deeper correction. The macroeconomic environment remains hostile, American prices always posing a major risk for traditional and digital assets.
Glassnode data adds a context to Ethereum’s struggle, showing that all sectors of Altcoin have dropped sharply in recent months. There was little differentiation between the projects, the withdrawal being wide and very correlated. Even Bitcoin and Ethereum – generally considered as the strongest assets in the crypto – have displayed negative yields.
Ethereum led this drop, losing more than 60% of its value since the end of December. The net drop has triggered increasing speculation on a market in potential bear forming through the wider Altcoin space. It remains to be seen that this recent rebound will evolve towards a rally or a breach under macroeconomic pressure. For the moment, Ethereum faces a decisive moment in its current cycle.
Bulls has trouble recovering key levels but defending $ 1,500
Ethereum is negotiated at $ 1,560 after failing above the $ 1,600 bar and recovered the critical level of $ 1,800. Despite the recent rebound in the lower stockings, the ETH remains in a fragile position as market volatility increases and that macroeconomic uncertainty continues to put pressure on risk assets.
The bulls are starting to take momentum, but recovery is far from being confirmed. Hold over $ 1,500 is now essential to prevent continuation of the downward trend. This level acted as a psychological support area in previous market cycles, and losing it could trigger another wave of panic sales, especially as the feeling of the larger Altcoin market remains moderate.
If the bulls can defend the level of $ 1,500 and consolidate above, there is a chance to recover higher levels in the short term, which again gives $ 1,600. However, a decisive rupture below $ 1,500 would likely lead to a new drop, the price targets potentially extending into the fork from $ 1,100 to $ 1,200.
While volatility continues to stimulate the action of erratic prices, ETH holders remain cautious. A push confirmed above $ 1,600 would help restore some confidence, but for the moment, Ethereum remains in a critical battle to hold the ground.
Dall-e star image, tradingview graphic
Editorial process Because the bitcoinist is centered on the supply of in -depth, precise and impartial content. We confirm strict supply standards, and each page undergoes a diligent review by our team of high -level technology experts and experienced editors. This process guarantees the integrity, relevance and value of our content for our readers.
