#AltcoinSeasonLoading

Ethereum overcomes a key resistance level around $2,200

The price of Ethereum has recently surpassed the technical resistance around $2,200, which had limited its upward movement since March. Now, this level is being tested as support, with the current price remaining above $2,250. Analysts say that this breakthrough has restored short-term confidence in the Ethereum trend.

Ali Martinez, a popular crypto analyst, identified the $2,380 level as a key supply barrier. He stated on X: "If ETH breaks the $2,380 mark, it could ignite a new bullish trend." His opinion is supported by data showing clusters of sellers near this level, which may weaken if buying pressure continues.