#Write2Earn ⚡ 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.