Ethereum Struggles to Break Out Amid Bitcoin’s Strength — Key Levels in Focus
Ethereum (ETH) has been consolidating in the $2,400 to $2,600 range following its explosive surge earlier this month, but momentum appears to be fading compared to Bitcoin’s recent performance.
According to crypto analyst Daan Crypto Trades, Ethereum is currently “chopping around” key resistance levels after a major move higher, while Bitcoin (BTC) continues to show strength and recently notched a new all-time high.
This disparity has caused the ETH/BTC ratio to cool off, suggesting a market rotation favoring Bitcoin over Ethereum in the short term.
Daan highlights that while the $2,500 support zone has been “defended well,” Ethereum has yet to show a strong bullish follow-through.
His chart indicates two critical levels to watch:
- Above $2,850 – A breakout here could signal a resumption of the uptrend and renewed investor confidence in ETH.
- Below $2,100 – A breakdown under this level could confirm a bearish reversal and open the door to further downside.
With market participants closely monitoring Ethereum’s relative weakness, these levels could define the next major move. Until then, traders are bracing for continued chop—unless buyers step in with conviction.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
