Ethereum’s Market Bounce and Critical Resistance Levels
- Ethereum surged over 21% from a low of $1,380 following a 90-day tariff pause announcement by the US.
- Despite the rally, Ethereum remains below critical resistance levels, particularly the $1,800–$2,000 range.
- The asset is trading under its realized price, signaling a potential accumulation zone for investors.
- Ethereum has lost over 60% of its value since late December amid global trade tensions and market volatility.
- The current trading price is $1,650, with key resistance at the $1,850 mark to confirm a trend shift.
Ethereum’s recent surge follows a tariff pause announcement but remains below key resistance levels. Trading under its realized price suggests a possible accumulation opportunity despite ongoing market uncertainties.
Source (2.6)https://www.newsbtc.com/news/ethereum/ethereum-stays-below-realized-price-once-in-a-cycle-opportunity/?rand=52377