by Reza Ali
The Ethereum value jumped rapidly from $2,200 to $2,500 during several hours of trading activity. ETH recently experienced strong buying activity right after it fell to $2,080 last Friday which prompted investors to prepare for additional decreases.
Donald Trump announced that the U.S. Crypto Strategic Reserve will hold Ether as part of its assets which reshaped market expectations. Traders and investors show increased confidence when the market makes fast gains after Trump’s announcement.
Market positivity increased after Ethereum’s improvement led traders to look at upcoming rising paths towards $3000. Suddenly traders and investors feel more optimistic about the market which had suffered from negative feelings before.
Ethereum Clears Key Liquidity Zone, Eyes $2,800 Target
Expert analyst Daan observed that Ethereum had cleared out its trading volume under $2,100 earlier and then experienced a strong recovery. The analyst identified this maneuver as essential because ETH proved able to absorb available market sell pressure and start its upside journey.
ETH remains in a neutral position but needs to reach the $2,800 mark to confirm future trends according to his analysis. Market observation stays focused on Ethereum maintaining its gains. ETH needs to stay above $2,500 first to create stronger upward movements that would match $2,800 resistance as its main objective.
$ETH Sometimes you just have to love how well levels are being respected.
ETH swept all the liquidity below $2.1K, bounced from that point and now saw continuation after the news.
In the middle of nowhere as we speak but that $2.8K level remains important if we'd re-visit it… https://t.co/snVpMIeAUN pic.twitter.com/Oda5aZci1n
— Daan Crypto Trades (@DaanCrypto) March 3, 2025
Given market ups and downs the bulls must fight to build lasting growth. During the last month of December Ethereum maintained a decreasing trend that dropped its value by 49%. This period left most investors feeling disheartened. The latest market action shows a possible transformation but a fully established rise needs more time to develop.
Market professionals predict the market may correct if buyers drop below $2,500 then resume moving ETH downward toward $2,200. Ethereum price developments during the coming days will show if investors can keep pushing forward or if more price lows will show up.
Maintaining the price above $2,800 would demonstrate strength to investors and open the path toward a better price recovery. The market will create fresh selling moments for Ethereum when its new increase fades.
Ethereum Holds at $2,350: Will Bulls Break $2,500?
ETH currently trades at $2,350 between important buying and selling zones. The latest price rise has brought Ethereum nearer to $2500 but the market has not yet crossed above this important resistance line. When bulls solidly secure $2,500 as their support the next major buying wave will aim $2,800.
A price drop below $2,200 would probably lead to a bigger market decline that may reach the $2,000 resistance area. Traders are attention-focused because they need to see Ethereum beat its $2,500 barrier before deciding its next price action.
The market received a boost from Ethereum’s high price run when Trump announced investing in cryptocurrencies. The new cryptocurrency rally brings hope back but the fight between investors who want price increases and those who want price drops is continuing.
Market participants are studying how well Ethereum can stay above $2,500 and reach greater resistance zones during this next market cycle. The market now watches to confirm if Ethereum can maintain its upward surge or if it will collapse again.
#blockchain #crypto, #decentralized, #distributed, #ledger
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