Ethereum Struggles to Gain Momentum as Altcoins Recover: Key Levels to Watch 

Ethereum

Ethereum Struggles to Gain Momentum as Altcoins Recover: Key Levels to Watch

Cryptocurrency analytics firm MakroVision recently evaluated Ethereums (ETH) market performance, highlighting its continued weakness even as other altcoins show signs of recovery.

According to their analysis, Ethereum is still forming lower highs, a bearish technical pattern that suggests no clear trend reversal is in sight.

“Ethereum remains below critical red trend lines, and we have yet to observe a strong bullish movement,” MakroVision stated, underscoring the assets fragile technical position.

While Ethereum has bounced back from its $1,400 lows, its upward momentum remains significantly weaker compared to assets like Bitcoin (BTC) and Solana (SOL). MakroVision emphasized that Ethereum must break above recent lows to fuel a more meaningful rally.

The firm acknowledged that although ETH has reclaimed the $1,730 level, the true test lies in breaking through higher resistance levels to confirm any potential shift in trend.

Key Levels to Watch for Ethereum

MakroVision outlined several critical price points that traders should monitor:

• $1,730 – Short-term support that must hold for stability.
• $2,132 – Trigger level for a potential bullish reversal.
• $2,370 / $2,410 – Major resistance zones that could challenge further upward movement.

A successful breakout above $2,132, analysts say, could pave the way for a new bullish wave. Until then, Ethereums price action remains cautious and vulnerable compared to leading altcoins.