Ethereum Gears Up for a Potential Rally

[kevin1]

Ethereum is showing early signs of recovery after reclaiming its 20-day moving average, with bulls now targeting the $2,200 resistance level. A clean break above that zone could accelerate momentum, potentially driving price toward $2,400 — and if that level gives way, even higher targets near $3,050 come into play.

However, bears still have one chance to regain control. If Ethereum falls below $1,916, the bullish outlook weakens significantly, with downside risk extending to around $1,750. For now, the pressure is on buyers to maintain momentum — because in this market, hesitation can quickly turn into reversal.

[madtrader]

ethereum reclaiming the 20-day MA is a short-term bullish signal, but higher timeframe resistance still dominates the structure

[etfs]

eth recovering until it randomly isn’t again

[bonk]

the $1,916 level feels like a clear invalidation point for the current structure