- Ethereum holds steady above $2,500 as traders watch for a breakout past $3,007 to confirm bullish continuation.
- Ethereum leads DeFi with a dominant $63.42B TVL, controlling 55.87% of the sector, while Solana and Bitcoin trail behind.
- Ethereum has regained momentum as it looks to the $4,087 and $4,400 resistance levels after breaking above the 50-day MA.
After weeks of stabilization, Ethereum’s price structure is displaying newfound resilience as it stabilizes over the $2,500 barrier. The $3,007 resistance level, which has traditionally signaled a turning point for the cryptocurrency, is currently the focus of traders’ attention.
Ethereum Holds Above Key Support Amid Tightening Price Action
Ethereum hit a session low of $2,485.03 and is now trading at $2,515.50, down 0.38% for the day. After a brief decline to $1,800, the price is still above a rising trendline that started to emerge in March 2025. Since then, Ethereum has formed a positive base above the $2,108.74 support zone by printing higher lows.
Recent market behavior shows Ethereum compressing between two major levels, $2,108.74 as support and $3,007.31 as resistance. This resistance zone has been tested several times since April 2024, but each attempt failed to sustain momentum. According to data from DaCryptoGeneral, this setup marks a continuation pattern, with consolidation hinting at breakout potential if volume expands.
The current price action remains above the 50-day moving average, which has flipped into support after acting as a resistance ceiling for months. Ethereum previously struggled below this dynamic level from January to April but surged above it in early May. The breakout invalidated the downtrend and established a new uptrend structure.
Ethereum Dominates DeFi with Strong Capital Allocation
Ethereum continues to lead the decentralized finance sector with $63.42 billion in total value locked, representing 55.87% market share. This dominance positions Ethereum as the most trusted and heavily utilized blockchain for DeFi applications. The figure, posted by LennaertSnyder, confirms Ethereum’s outsized influence over other networks.
Solana ranks second with 7.43%, while Bitcoin holds 5.71%, and Binance Smart Chain accounts for 5.28% of the total. Newer chains like Base and Arbitrum contribute smaller shares, but none approach Ethereum’s scale or liquidity. The long-tail of “Other” chains adds up to just 11.6%, underscoring Ethereum’s dominant position.
This leadership reflects network maturity, developer activity, and market confidence. Ethereum remains the primary settlement layer for smart contracts, lending protocols, and decentralized exchanges. As capital continues flowing into Ethereum, its position at the top remains undisputed.
Traders on X Brace for Ethereum’s Next Leg Toward $4K
According to CryptosBatman, Ethereum has reclaimed the 50-day MA, flipping it from resistance to support. This pattern historically signaled directional shifts, and now it aligns with Ethereum’s recent bullish trend.
The price is consolidating just beneath $3,007.31, a key zone many traders are tracking as the breakout trigger. Clearing this resistance could open the door toward $4,087.78 and possibly $4,400.00 in the coming weeks. As long as Ethereum holds above $2,467, the bullish case remains intact.
