Ethereum remains strong above key support levels amid market pullback, trading around $2,400–$2,500, positioning itself for potential recovery and breakout.
Analysts anticipate Ethereum could reclaim lost ground if current conditions persist, despite concerns that consolidation may lead to further downside if resistance near $2,800 holds.
Top analyst Ted Pillows notes rising ETF inflows and growing network activity as signs of renewed demand for Ethereum, signaling a possible price expansion in the near future.
Bulls eye $2,800 as key level for Ethereum, aiming for $3,000 in June and possibly pushing to $4,000 by Q3 2025 if macro conditions remain stable; Ethereum's consolidation mode may lead to a breakout supported by fundamentals and technical trends.