Ethereum Eyes Critical Resistance After 77% Surge From Lows

Ethereum has staged a powerful rebound, surging over 77% from its local bottom near $1,400, and is now approaching a key resistance zone between $2,405 – $2,465. According to the macro-focused crypto analysis firm MakroVision, the recent price action aligns closely with their projected scenario.

Analysis Breakdown

1. Bullish Outlook Confirmed

The recovery from the low zone has played out as forecasted.
The $1,295–$1,525 area served as a strong accumulation base, effectively marking the cycle low.

2. Key Resistance Ahead

Ethereum has now entered the $2,405 – $2,465 resistance zone.
A decisive breakout above this region could open the door to further upside, targeting higher resistance in the central “orange” zone highlighted in MakroVision’s previous charts.

3. Supports to Watch

Immediate support now lies around $2,145.
Deeper support is situated near $1,944, which remains a structurally important level should a pullback occur.

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Conclusion

Ethereum’s technical structure continues to strengthen, showcasing a well-executed recovery rally. All eyes are now on whether ETH can break cleanly through resistance or if it will face a temporary rejection. Either way, MakroVision emphasizes the current zone as a pivotal decision point for Ethereum’s medium-term trend.

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