Ethereum (ETH) rebounded 1.7% from its intraday low as buyers stepped back in, with surging trading volumes pointing to a potential bullish turnaround above a critical support level.

Amid ongoing economic pressures and market volatility, ETH continues to hold firm above the $2,500 mark, showcasing resilience in uncertain conditions.

The asset climbed sharply from a session low of $2,472.84 to a high of $2,547.92, currently hovering around $2,514. Technical momentum remains favorable, supported by persistent higher lows and strong buying activity in the $2,486 to $2,490 range.

Broader market concerns, including rising U.S.-China trade tensions and an uptick in U.S. Treasury yields, have unsettled many risk assets. Nevertheless, Ethereum has weathered these headwinds better than most.

Institutional confidence remains evident, with spot ETF inflows totaling $3 billion over the past three weeks, signaling robust demand from large-scale investors.

While resistance near $2,550 poses a challenge, Ethereum’s price action highlights sustained buying pressure even as macroeconomic uncertainty lingers.

Technical Analysis Highlights

• Over the last 24 hours, ETH traded within a $67.47 range (2.72%), with a midday recovery from $2,472.84 to a peak of $2,547.92.
• Strong support was confirmed in the $2,486–$2,490 band, marked by above-average volume during the early morning session.
• Resistance at $2,540–$2,547 triggered profit-taking, limiting further gains.
• A notable rebound from $2,488, accompanied by 172,137 ETH traded, helped maintain bullish momentum despite consolidation.
• In the final hour, ETH rallied from $2,506.05 to $2,515.16, supported by robust volume (4,730 ETH), forming an uptrend.
• A minor pullback to $2,502.42 held steady, with buyers defending the $2,504–$2,506 zone.
• Renewed strength in the closing minutes pushed ETH back near $2,514, signaling ongoing buyer interest despite earlier volatility.