Ethereum Price Analysis: ETH Rejected at $2.5K Again – What Happens Next?

Ethereum has staged a sharp recovery from the June lows and is now consolidating below $2.5K after reclaiming several important technical levels. The daily structure has improved materially, but ETH is still struggling at a key resistance area, while the latest taker-flow data suggests that aggressive buying has not yet fully confirmed the move. Ethereum Price Analysis: The Daily Chart The daily chart shows a clear structural recovery from the $1.5K area. ETH subsequently reclaimed the $1.9K zone and pushed above the $2K mark, with the latest impulsive move taking price toward $2.5K. The most important development is the price moving above the previous swing-high area around $2.45K and finally creating a higher high after months of decline. However, the asset is still sitting directly below the $2.5K resistance zone and has not yet cleared it after it was rejected again today. Therefore, further upside may require a decisive daily breakout rather than another rejection from the same area. The 100-day and 200-day moving averages have also become more constructive. Both are now sloping upward after being reclaimed, with the 200-day moving average around the $2K region being the most ...