Ether bounced off multi-year support, while a bullish MACD crossover could signal that ETH is on the path to new highs.
The broad crypto market is once again building momentum amid the ongoing price rallies as the Fear of Missing Out (FOMO) appears to be hitting the market again.
Ethereum price rose over 9% on Tuesday amid a broader market rally fueled by renewed hopes of a more stable U.S.-Iran ceasefire soon. According to data from crypto.news, Ethereum (ETH) price rose 9.
Ethereum holds above key support as buy orders stay firm and traders watch for a breakout toward higher levels.
Whale wallets above 100K ETH have returned to unrealized profit.
As Ethereum (ETH) retests a crucial support zone, Bitmine, the second-largest crypto treasury, has announced its latest ETH purchase, which pushed the company's holdings closer to its ultimate goal. Related Reading: Dogecoin (DOGE) Retreats, Can Bulls Reclaim Upside Momentum?
Ethereum price started a fresh surge and traded above $2,350. ETH is now consolidating and might aim for more gains above $2,400.
Crypto market flows shifted noticeably over the past 24 hours, with heavy outflows from stablecoins—particularly USD Coin (USDC)—and Bitcoin (BTC), while Ethereum (ETH) and Solana (SOL) attracted fresh inflows, signaling a more selective rotation rather than a broad risk-off exit. As of 11:00 a.m.
Crypto market flows are rotating back toward core infrastructure themes—led by 'privacy' tokens and Ethereum-linked assets—while higher-beta segments such as real-world assets (RWA) and AI-related tokens are seeing sharp weekly drawdowns, underscoring a renewed preference for durability over narrative-driven volatility. Data compiled by Artemis, as of Monday 9:30 a.m.
Ethereum forms higher lows as resistance limits upside, keeping price in a tightening range.
Ethereum is trading at $2,255.04 in April 2026, up 7.09% on the monthly chart, after the $2,017.09 monthly low tested and held the ascending support trendline connecting Ethereum's major lows since 2019.
Ethereum has been consolidating for weeks. Selling pressure is present.