Ethereum is attempting a crucial technical move on the monthly chart that could define its medium-term price action.
According to crypto analyst Rekt Capital, ETH is working to reclaim $2,500 as a support level — the bottom boundary of its historically important macro range.
ETH Seeks to Re-Establish $2,500–$4,000 Trading Channel
Rekt Capital notes that Ethereum has positioned itself to re-enter the $2,500 to $4,000 range, a zone that previously served as a long-term trading corridor. A successful reclaim of $2,500 would mark a significant structural shift, giving ETH room to travel back toward the upper end of the range over time.
“Ethereum is in the process of reclaiming $2,500 to secure its place in the macro range,” the analyst wrote. “This mirrors a similar retest pattern we saw in mid-2021.”
In the chart provided, Rekt Capital highlights an earlier retest from mid-2021 that led to a significant rally. Ethereum is now attempting to repeat that setup, aiming to confirm $2,500 as firm support.
Reclaim Could Signal Broader Upside for ETH
If the reclaim holds, Ethereum could gain momentum toward the $4,000 zone, revisiting prior cycle highs. The move would also suggest growing strength in the altcoin sector, especially as ETH tries to establish dominance amid broader market consolidation.
This key support-resistance flip is seen as essential for sustained bullish momentum. A failure to hold $2,500, however, could trap ETH back in its lower range between $1,600 and $2,200.
With monthly candles providing the clearest signals, analysts will be watching how Ethereum closes June to confirm the breakout.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/analyst-says-eth-may-re-enter-2500-4000-macro-range/