{"content":"Ethereum at a Tipping Point: $2,700 Resistance Could Trigger Downside Despite crypto market volatility, Ethereum is trading over $2,500. Since early May, ETH has been consolidating between $2,400 and $2,700, waiting for bulls and bears to confirm a trend. Top analyst Carl Runefelt published a technical analysis indicating a crucial Ethereum moment. Runefelt says a breach over $2,700 resistance is needed to spark an impulsive surge higher. ETH may stay range-bound or return to lower demand zones without that breakthrough. The market structure, altcoin sentiment, and institutional investment in Ethereum fuel confidence. Still, the following days are crucial. Ethereum may surge above $3,000 and beyond if it breaks out above $2,700, but failure may postpone its next significant move. Ethereum's next move might affect the altcoin market's short-term direction as Bitcoin trades close below its all-time highs. Ethereum Leads Altcoin Recoveries Numerous altcoins have been in a bear market since 2022, trading considerably below their all-time highs. Ethereum is leading a possible rebound in this difficult environment. ETH has more than quadrupled from April's lows, rebounding crucial support levels above $2,500. Carl Runefelt says Ethereum's pricing structure is nearing a tipping point. ETH is trading in a rising wedge pattern, a bearish shape that generally indicates a severe retreat. If Ethereum fails to break over $2,700 soon, Runefelt warns. Ethereum is now trading between $2,400 and $2,700. A breach over the upper limit might boost bullish momentum and cryptocurrency rallies. Eth faces key resistance amid rising momentum The past session saw Ethereum rise 2.2% to $2,574.70. The 3-day data shows that ETH has ranged between $2,400 and $2,700 since early May. The recent break over the 50-day and 100-day SMAs around $2,226 and $2,644, respectively, indicates bullish momentum. Ethereum remains vulnerable at the 200-day SMA, now $2,791, below the important $2,800 liquidity threshold. #Ethereum #ETH #TrumpTariffs #TrumpVsMusk #MuskAmericaParty $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/07/eeb8d07ef8254615bdae705889f559e9.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}