Ethereum (ETH) is back in bullish territory, climbing over 4.2% in the last 24 hours to trade at $2,630 at the time of writing, according to data from CoinMarketCap. This marks a significant move above the psychological $2,500 resistance, confirming fresh buying momentum across the market.
Volume and Market Cap Support the Rally
Ethereum’s 24-hour trading volume soared over 31%, reaching $19.26 billion, while its market cap now stands at $318.06 billion. This uptick signals strong interest from traders and institutions alike, following recent macro developments and ETF optimism.
Next Key Resistance Levels to Watch
With $2,500 now flipped into support, ETH traders are eyeing the next important technical zones:
- $2,680 – short-term resistance from late May price action
- $2,750 – historical rejection zone from earlier in Q1
- $2,900–$3,000 – major psychological barrier and multi-month range high
Holding above $2,600 in the coming sessions could confirm bullish continuation and set the stage for a push toward $3,000.
Today’s price action reflects renewed confidence in Ethereum as liquidity improves and risk appetite returns. Traders will now watch for sustained follow-through above $2,680 to confirm strength.
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/market/ethereum-breaks-above-2600-with-4-daily-surge/