Ethereum’s long-term trendline has held strong again after touching support and rebounding above $2,600.
The price bounced off the trendline that has guided ETH since 2016 showing consistency across cycles.
This is the fourth time ETH has recovered after hitting this same ascending trendline in market history.
Ethereum (ETH) has rebounded to $2,636 after testing a rising support trendline that has remained unbroken since 2016. The price bounced back with a 3.28% gain on the BITSTAMP chart following a two-week dip toward the key ascending base. Traders now observe the structure’s durability across multiple market cycles.
Source: X
The chart shows Ethereum touching this same trendline in four major phases, most recently in early June 2025. These previous points, marked by noticeable downside pressure, were followed by strong recoveries. Current sentiment remains focused on whether this pattern can repeat a bullish outcome once more.
Historical Structure Validated by Each Cycle
Ethereum’s current support rests on a diagonal structure formed during its early breakout near 2016. This trendline, tested at least four times since, has shown consistency through major market events and global volatility. Each previous test preceded multi-month rallies, with notable surges in 2017, 2020, and 2023.
The present test is paired with a reaction candle showing strength above $2,500. This aligns with prior behavior where ETH maintained structure before advancing further. From technical positioning, the higher lows support continuation of the uptrend provided that buyers defend current price.
Across each bounce, trading volume typically expanded and long-term holders re-entered positions. These characteristics often signal institutional interest at foundational levels. ETH's two-week chart timeframe reflects slower movement, yet the steady rise remains consistent with previous bullish reversals
Market Reaction and Current Momentum
At the June 4 snapshot, Ethereum's price reached a high of $2,789 and a low of $2,464 before closing at $2,636. This intraday activity marks a clear bounce within the upward-sloping support structure. Reactions online also point toward increased interest in the technical strength of this level.
While sentiment is mixed, many observers note this level’s historical relevance. Three angry face emojis placed at previous support touches highlight trader frustration followed by eventual relief. The current emoji at 2025 levels echoes that same tension as participants look for confirmation.
Technical traders may use this pattern to estimate future moves, watching closely for daily closes above $2,700. Such action could confirm strength and attract new momentum traders. The reaction also builds upon Ethereum's past responses to support line touches.
Support Trendline Defines Long-Term Outlook
Ethereum’s trendline begins near $2 in 2016 and has grown into a multiyear structural line intersecting the 2025 price range. The upward trajectory defines ETH's macro path and separates bear market pressure from sustained rallies. Price activity near this line remains pivotal to future valuation.
On each test, Ethereum produced new all-time highs within a year. While no guarantee exists, the pattern’s consistency builds confidence. The current support level sits just above the psychological zone of $2,500 and adds to trader focus.
