Ethereum: What The Last Move Tells us About the Next One

Ethereum is showing strength in the face of broader market weakness, holding firm even as Bitcoin and other major assets trend downward.

According to Michaël van de Poppe, the $ETH/Bitcoin trading pair is consolidating, signaling potential resilience despite rising volatility across the crypto landscape.

The latest price action saw Ethereum reject a crucial resistance zone, a move that could set the stage for a short-term pullback. Van de Poppe notes that this rejection may drive ETH toward a new local low, which could present a compelling buy-the-dip opportunity for traders watching the charts closely. Historically, Friday and Saturday tend to bring corrective price action—meaning the next 24–48 hours may offer attractive entries for medium-term positions.

The rejection near resistance is not necessarily a bearish signal, but part of a healthy consolidation phase. As other assets struggle with stronger downward pressure, Ethereum’s ability to hold its ground reflects underlying market confidence—especially as long-term holders and institutional interest remain intact.

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That said, the short-term trend will likely hinge on how ETH behaves at its next support zone. If it successfully defends key levels and continues forming higher lows, bullish momentum could resume quickly.

For now, Ethereum remains one of the better-performing large-cap assets in the current dip—suggesting smart money is watching it closely ahead of a potential next leg up.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.