Ethereum Price Analysis: After a 35% Rally, Is ETH Ready for Another Leg Higher?

Ethereum’s sharp breakout has significantly improved its market structure, with strong momentum carrying the price toward the $2.5K region.

While bullish continuation remains possible, the increasingly extended move leaves ETH vulnerable to a temporary pullback or sideways consolidation if supply begins to increase.

Ethereum Price Analysis: The Daily Chart On the daily timeframe, Ethereum has decisively broken out of its prolonged bearish structure.

The impulsive rally from the $1.85K-$1.92K demand zone pushed the price through the descending trendline, the major moving averages, and the $2.07K-$2.15K resistance zone with considerable strength.