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Ethereum Surges After Holding $2,477, Fueled by Very Heavy Trading Volume
Ethereum rebounds from $2,477 support on strong ETF inflows and rising volume, as bulls eye a breakout above the $2,530 resistance zone.
May 25, 2025, 4:25 p.m.
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What to know:
- ETH experienced significant price swings with a 3.5% range ($99.85) in 24 hours, finding strong support at $2,477 with extraordinary trading volume.
- Recent bullish momentum has pushed ETH above $2,515, forming a potential higher low pattern that suggests the correction may have found its bottom.
- In the last hour, ETH showed notable volatility with a surge to $2,522 before encountering resistance and pulling back to consolidate above newly formed support.
Global economic tensions and trade disputes continue to influence cryptocurrency markets, with ETH showing resilience despite broader market uncertainty.
The second-largest cryptocurrency is currently navigating a critical technical zone between $2,500-$2,530, which analysts identify as immediate resistance that must be overcome for continued upward movement.
STORY CONTINUES BELOW
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Institutional interest remains strong, with spot Ethereum ETFs recording consecutive days of positive inflows, signaling growing confidence from larger investors despite the recent volatility.
Technical Analysis Highlights
- 24-hour ETH price action revealed a substantial 3.5% range ($99.85).
- Sharp sell-off during midnight hour saw price plummet to $2,477.40, establishing a key support zone.
- Extraordinary volume (291,395 units, nearly 3x average) confirmed the significance of the support level.
- Buyers stepped in at the $2,467-$2,480 support band, confirmed by high-volume accumulation during the 08:00-09:00 period.
- Recent price action shows bullish momentum with ETH reclaiming the $2,515 level.
- Potential higher low pattern suggests the correction may have found its bottom.
- $2,520-$2,530 area remains the immediate resistance to overcome for continued upward movement.
- Significant bullish surge at 13:35 saw price jump from $2,515.85 to $2,521.79, accompanied by exceptional volume (5,839 units).
- Sharp reversal occurred at 14:00, with price dropping 5.07 points to $2,508.02 on heavy volume (4,043 units).
- Hourly range of 14.46 points ($2,508.02-$2,522.48) demonstrates market indecision.
External References
- "Ethereum Holds Above Key Prices – Data Points To $2,900 Level As Bullish Trigger", NewsBTC, published May 24, 2025.
- "Ethereum Forms Inverse H&S – Bulls Eye Breakout Above $2,700 Level", Bitcoinist, published May 25, 2025.
- "Ethereum Price Analysis: Is ETH Primed for a ‘Healthy’ Correction?", CryptoPotato, published May 25, 2025.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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