ETH Shows Strong Recovery from Intraday Lows, Signaling Upward Shift with $2,500 Acting as Support

Ethereum (ETH) bounced back 1.7% from its intraday lows as buying pressure returned, with a notable increase in trading volume hinting at a potential bullish shift above key support.

Despite heightened market volatility fueled by global economic uncertainties, Ethereum has held steady above the vital $2,500 support level, underscoring its resilience.

During the session, ETH rallied from a low of $2,472.84 to a high of $2,547.92 and is currently trading near $2,514. The price action is marked by a series of higher lows, bolstered by robust demand around the $2,486 to $2,490 support zone.

Ongoing tensions between the U.S. and China, along with rising U.S. Treasury yields, have pressured risk-on assets broadly, yet Ethereum has managed to maintain relative strength.

Institutional investors appear optimistic, with spot ETF inflows reaching $3 billion over the past three weeks, highlighting strong continued interest.

Although resistance near $2,550 remains a hurdle, Ethereum’s current price dynamics suggest solid buying conviction amid uncertain macro conditions.

Technical Analysis Summary

ETH’s 24-hour trading range stood at $67.47 (2.72%), featuring a midday bounce from $2,472.84 to $2,547.92.
The $2,486–$2,490 range acted as a solid support zone, reinforced by above-average volume early in the session.
Resistance around $2,540–$2,547 led to profit-taking, capping the rally temporarily.
A strong rebound from $2,488 with 172,137 ETH traded supported bullish momentum during consolidation.
In the final trading hour, ETH moved from $2,506.05 to $2,515.16 on heavy volume (4,730 ETH), forming an uptrend.
A pullback to $2,502.42 held steady as buyers defended the $2,504–$2,506 area.
The closing minutes saw renewed upward movement, with ETH approaching $2,514, demonstrating ongoing buyer interest despite volatility.