Ethereum pushed above $2,674 after closing the full CME gap from $2,530 to $2,630 on the chart.
This area may now act as dynamic support if price stays above the green zone on daily closes.
Traders are watching for follow through toward $2,892 and $3,033 if momentum continues this week.
Ethereum has successfully filled the $2,530 to $2,630 CME Daily Gap and now trades just above $2,674 as momentum builds. The move, posted by @rektcapital on May 13, 2025, on TradingView, highlights a key technical milestone. ETH is now aiming to reclaim this region as a dynamic support zone to drive further bullish continuation.
Source: X
According to the visual chart, Ethereum has fully closed the previously unfilled futures gap on CME between $2,530 and $2,630. Price action shows a strong bounce that pushes ETH through this gap, setting the stage for a trend continuation if support holds. The gap, shown as a green box on the chart, is now seen as a crucial zone for buyers to defend.
A daily close above the $2,630 level will be watched closely, as it could confirm this area as a new base for upward momentum. From here, the roadmap toward the next price targets, including $2,892 and $3,033, becomes clearer if momentum is sustained.
Key Levels and Chart Structure Define Market Focus
The chart from @rektcapital outlines several significant price points. These include the newly filled CME gap, plus upside targets at $2,892 and $3,033. Ethereum is currently trading at $2,674.5, just above the former gap resistance.
Technical traders now focus on whether ETH can hold this zone as a dynamic support. The transition from resistance to support typically strengthens bullish continuation if volume confirms the move. The recent surge suggests growing interest around the $2,600 range, which is being validated on the daily timeframe.
There are also earlier gaps and reactions visible near the $2,533 level, where ETH found support before this breakout. The chart reflects clean structure and defined zones where market participants are expected to act, both above and below current price levels.
CME Gap Filled and Now Flipped Into Potential Launchpad
Ethereum’s move through the $2,530–$2,630 CME gap is a major step in reclaiming higher price territory. Analysts use gap-fills as reference points for trend behavior and market memory. A full fill, followed by consolidation above, often marks the start of another leg up.
With ETH closing above the green box, it attempts to flip the former gap into a support platform. If successful, this region could serve as a launchpad for moves toward $2,892 or even $3,033 in coming sessions. The strength of this structure will be judged by how long price holds above the filled zone.
Traders will be looking for daily candle closes, higher lows, and volume confirmation to support the continuation. Failure to hold above $2,630 may invite retests of $2,533 or lower. The market now watches to see if Ethereum can reclaim this zone as a foundation for broader trend growth.
Will Ethereum Convert This Gap Into the Base for a New Uptrend?
With Ethereum now above the $2,630 level, the question arises: can this gap become the springboard for a sustained move higher?
Traders are watching structure and daily closes for signs of confirmation or failure. If the zone holds, $2,892 and $3,033 come into view as short-term targets. Price action in the coming days will decide whether this is just a relief rally or the start of a strong trend extension.
