Ethereum Needs to Clear This Key Level Before a Rally, Analyst Says
Ethereum has been stuck in a bit of a rut lately, at least according to one well-followed crypto trader. Rekt Capital, who has over 549,000 followers on X, thinks ETH needs to break past a stubborn resistance level before any real upward momentum kicks in.
Right now, that level sits around $2,500. The analyst pointed out in a recent thread that Ethereum spent nearly six weeks holding steady in this zone before slipping lower. Now, reclaiming it as support is crucial. “Price needs to effectively reclaim around $2,500 to rally across the range,” he said. Until then, ETH might just keep bouncing between $2,200 and $2,500 without much direction.
And honestly, that’s pretty much what’s happening. At the time of writing, Ethereum is hovering around $2,425—basically flat for the day. Not terrible, but not exactly thrilling either.
Bitcoin’s Showing More Strength—For Now
While Ethereum struggles to find its footing, Bitcoin seems to be in a slightly better spot. Rekt Capital noted that BTC has broken through two separate downtrends in just the past month. That’s not nothing, especially after weeks of sideways or downward movement.
Still, Bitcoin isn’t exactly shooting to the moon either. It’s sitting at $107,302 as of this writing, also pretty much unchanged on the day. But breaking those downtrend lines could mean buyers are finally stepping in, even if progress feels slow.
What’s Next for ETH?
For Ethereum, the path forward seems clearer—at least in theory. A daily close above $2,500 could signal the start of a bigger move. Until then, though, it’s stuck in this $2,200-$2,500 range, testing support and resistance without much conviction.
Rekt Capital’s take isn’t groundbreaking, but it’s a decent reality check. Markets don’t always move in straight lines, and sometimes the most obvious levels are the ones that matter. Right now, for ETH, that’s $2,500.
As for Bitcoin, the breaks in the downtrend are encouraging, but it’s still early. If BTC can hold these levels, maybe—just maybe—it’ll drag Ethereum along with it. Or not. Crypto’s never that simple.
