Close Menu
Elon Musk Monitor
  • Home
  • Elon Musk
  • AI
  • Cybertruck
    • DOGE & Cryptocurrency
    • Financial & Business
  • Grok
    • Hyperloop & Urban Mobility
    • Innovations & Future Projects
  • Mars Colonization
  • Neuralink
    • Philanthropy & Humanitarian Efforts
    • Public Perception & Cultural Impact
    • SolarCity & Renewable Energy
  • SpaceX
  • Starlink
  • Tesla
    • The Boring Company
  • X

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Solana Rallies Into Pivotal Zone – $180 Level Could Define Next Move

May 11, 2025

Trump trade war brings renewed importance

May 11, 2025

Ethereum Holds Above $1900 Realized Price Signalling Long-Term Bullish Confidence

May 11, 2025
Facebook X (Twitter) Instagram
Elon Musk Monitor
  • Home
  • About Us
  • Advertise with Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
  • Home
  • Elon Musk
  • AI
  • Cybertruck
    • DOGE & Cryptocurrency
    • Financial & Business
  • Grok
    • Hyperloop & Urban Mobility
    • Innovations & Future Projects
  • Mars Colonization
  • Neuralink
    • Philanthropy & Humanitarian Efforts
    • Public Perception & Cultural Impact
    • SolarCity & Renewable Energy
  • SpaceX
  • Starlink
  • Tesla
    • The Boring Company
  • X
Elon Musk Monitor
Home » Ethereum Breaks Massive Downtrend Price Structure – Momentum Shift?
DOGE & Cryptocurrency

Ethereum Breaks Massive Downtrend Price Structure – Momentum Shift?

elonmuskBy elonmuskMay 7, 2025No Comments4 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

After enduring months of aggressive selling pressure, Ethereum is finally showing signs of life. As bullish momentum slowly builds, hopes for a recovery rally are beginning to resurface. While ETH continues to trade below the key $2,000 mark, bulls are actively defending critical demand zones in an effort to reclaim lost ground and reestablish a bullish structure.

Related Reading

The market has been under stress for much of 2025, with Ethereum suffering extended drawdowns and repeated rejections at resistance. However, sentiment is shifting. Top analyst Ted Pillows recently shared a technical analysis noting that Ethereum has officially broken out of its downtrend for the first time since December 2024—an early sign that conditions could be improving.

This breakout marks a key shift in structure and comes as trading volume starts to recover. Traders and investors are now watching closely to see if ETH can sustain its recent strength and push back above $2,000, which remains a major psychological and technical barrier. The next few days may prove critical, as Ethereum tests its newfound momentum in a still-uncertain macro environment. If bulls succeed, a broader altcoin rally could follow.

Ethereum Consolidates As Bullish Momentum Begins to Build

Ethereum is currently trading around the $1,800 level, consolidating in a narrow range after a prolonged period of downside pressure. While the broader market begins to heat up, ETH still lacks a clear directional move and remains over 55% below its December 2024 highs. Despite this, subtle shifts in structure suggest a potential trend change, especially in the lower time frames where early bullish patterns are beginning to emerge.

The price action reflects a critical inflection point. Ethereum is hovering near major support zones, and bulls must now build enough momentum to break above key resistance levels if they want to regain control. So far, the consolidation has provided a base, but a definitive move has yet to materialize. The next leg—whether up or down—will likely be decisive for ETH’s near-term trend.

Pillows recently shared a notable technical development: Ethereum has finally broken out of its downtrend for the first time since December 2024. Previous breakout attempts were rejected, but this time the breakout appears stronger and more sustained, supported by improving market sentiment and structure.

Ethereum breaking above a long downtrend | Source: Ted Pillows on X
Ethereum breaking above a long downtrend | Source: Ted Pillows on X

Pillows believes it’s time for Ethereum to catch up to the broader market. While Bitcoin pushes toward new highs, ETH has lagged behind. If the current breakout holds, Ethereum could accelerate quickly and potentially retest key psychological levels above $2,000. The next few trading sessions will be critical for confirming this breakout’s validity and determining whether Ethereum is ready to lead the next phase of the crypto bull cycle. For now, all eyes remain on whether bulls can maintain momentum and turn this early strength into a sustained rally.

Related Reading

Technical View: Bulls Struggle To Reclaim $2,000 Level

Ethereum (ETH) is currently trading at $1,807.99, consolidating in a tight range after a sharp recovery from its April lows. The 4-hour chart shows ETH holding above both the 200-period simple moving average (SMA) at $1,700.49 and the 200-period exponential moving average (EMA) at $1,783.99—two key dynamic support levels that are now being retested as the asset tries to build bullish structure.

ETH holding above the 4-hour 200 EMA | Source: ETHUSDT chart on TradingView
ETH holding above the 4-hour 200 EMA | Source: ETHUSDT chart on TradingView

While price action remains choppy, ETH appears to be forming a base above the $1,780 zone. The recent breakout above the downtrend line that defined price action since December 2024 is still intact, suggesting that Ethereum may be preparing for a larger move. Volume has decreased slightly during this consolidation phase, typical of a market waiting for a trigger.

Related Reading

Ethereum continues to trade well below the psychological $2,000 resistance, but short-term momentum is slowly favoring the bulls. A break above the $1,860–$1,880 range could clear the way for a push to retest $2,000. However, failure to hold the 200 EMA could send ETH back toward the $1,740–$1,700 demand zone.

Featured image from Dall-E, chart from TradingView



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
elonmusk
  • Website

Related Posts

Solana Rallies Into Pivotal Zone – $180 Level Could Define Next Move

May 11, 2025

Ethereum Holds Above $1900 Realized Price Signalling Long-Term Bullish Confidence

May 11, 2025

HYPE Bulls Regain Control After Sharp Recovery

May 11, 2025
Leave A Reply Cancel Reply

Don't Miss
Cybertruck

Tesla Cybertruck police truck donor revealed

A batch of Tesla Cybertrucks were recently revealed to be a donation to the Las…

Tesla upgrades its ridiculous Cybertruck wiper after owners report issue

February 27, 2025

Tesla Cybertruck contract with State Dept. may have been modified after Biden admin

February 26, 2025

This Tesla Cybertruck feature helped it earn a ‘Best Tech’ award

February 25, 2025
Top Posts

Solana Rallies Into Pivotal Zone – $180 Level Could Define Next Move

May 11, 2025

Ethereum Holds Above $1900 Realized Price Signalling Long-Term Bullish Confidence

May 11, 2025

HYPE Bulls Regain Control After Sharp Recovery

May 11, 2025

Trump Team Makes A Big Play

May 11, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to Elon Musk Monitor, your go-to source for comprehensive, up-to-date information on the life, work, and innovations of one of the most influential figures in the world today—Elon Musk. Our mission is to keep you informed about Musk’s ventures and projects, ranging from electric vehicles to space exploration, and everything in between. Whether you’re a tech enthusiast, investor, or simply curious about Musk’s impact on the world, we’ve got you covered.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Solana Rallies Into Pivotal Zone – $180 Level Could Define Next Move

May 11, 2025

Ethereum Holds Above $1900 Realized Price Signalling Long-Term Bullish Confidence

May 11, 2025

HYPE Bulls Regain Control After Sharp Recovery

May 11, 2025
Most Popular

How I met my partner on X/Twitter

February 8, 2025

DOGE staffer resigns after racist posts uncovered. Elon Musk might bring him back.

February 9, 2025

OpenAI accuses DeepSeek of stealing data, internet digs into the ‘irony’

February 9, 2025
  • Home
  • About Us
  • Advertise with Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 elonmuskmonitor. Designed by elonmuskmonitor.

Type above and press Enter to search. Press Esc to cancel.