Ethereum ($ETH ) has just experienced one of the most impressive price surges of 2025, with the price jumping from the $1.750 area to over $2.550 in just a few weeks. The question now is: is this momentum sustainable, or is it just a temporary spike?
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🟢 Breakout phase exceeding resistance lasting since 2023
After months of being 'stuck' in a falling wedge pattern, ETH has officially broken upward, confirming a trend change on the weekly chart. The $2.290 area – which was once strong resistance – has now been converted into a strong support zone.
The price is currently stabilizing around $2.540, with a +45% increase just in May – this figure is not only impressive but also indicates significant cash flow returning to the top altcoin market.
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🔍 Technical momentum: Bullish structure is reinforced
• $ETH is holding steady above both the 50-week and 200-week MA, indicating that the medium to long-term trend is completely supporting the bulls.
• The price range of $2.300–$2.500 is becoming a 'price anchor' as the MAs converge here – a signal that bulls are clearly protecting their position.
• If the price continues to stabilize above the $2.541 area, the nearest technical target will be $2.838, before aiming for long-term resistance at $4.115.
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⚠ Volume: A key factor for the next breakout
What needs to be monitored now is whether the trading volume can be maintained and accelerate. After a strong surge at the beginning of May, the volume is showing signs of cooling down – this is not too negative, but a new breakout cannot be confirmed without support from the cash flow.
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📉 Risk scenario: The $2.541 area is a psychological boundary
If ETH cannot hold above $2.541, a correction to the nearby support area around $2.135 may occur – a place that was previously a strong accumulation area. Technical traders are currently observing candlestick patterns confirming around this area to determine if the uptrend will continue.
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🧠 Quick summary:
• ✅ The medium to long-term trend is leaning entirely towards the bulls
• 📈 Short-term target: $2.838
• 📉 Risk if failing to hold $2.541: revert to test $2.135
• 🧩 Personal strategy: no FOMO, closely follow the converging MA area and volume reaction
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Do you think ETH is ready to break through to $3k? Or does it need more accumulation before running further?
Drop your thoughts below in the comments👇
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