Ethereum appears ready to break free from Bitcoin’s shadow as its price structure signals a potential major rebound. After weeks of heavy selling pressure that pushed ETH toward the $2,700 level, the asset has stabilized and begun forming a convincing recovery pattern. Unlike many altcoins still trapped in steep downtrends or setting new lows, Ethereum has carved out a clear higher low—an early indicator of renewed strength and improving momentum.
Recent price action highlights a steady, controlled upward grind rather than the sharp, liquidation-driven spikes common during volatile periods. ETH has already broken out of its steepest decline angle, reinforcing the shift in short-term structure. The RSI is climbing from oversold territory without showing signs of overheating, which typically aligns with the beginning of a sustainable recovery rather than a temporary bounce.
One of the most important technical milestones now in sight is Ethereum’s attempt to reclaim its 20-day EMA. This moving average often acts as the first major resistance during a trend reversal and serves as a key divider between a brief relief rally and the start of a genuine bullish phase. ETH’s proximity to this level adds weight to the current momentum shift.
What makes this setup especially notable is the broader market environment. Most large-cap altcoins remain sluggish, and Bitcoin has yet to confirm a decisive reversal. Yet Ethereum is outperforming, a behavior historically seen during rotation phases when investors move from speculative assets to fundamentally strong tokens. If ETH can reclaim both the 20-day and 50-day EMAs and hold above the $3,100–$3,200 zone, it could unlock a swift midterm recovery. Rising volume also suggests seller exhaustion and growing confidence among dip buyers, positioning Ethereum favorably for the next leg up in the market cycle.
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