Ethereum has experienced a strong comeback after weeks of uncertainty and bearish momentum. Following a sharp breakdown below its long-standing consolidation range, ETH found support near the $2,100 level and has since surged 15% from Sunday’s low. The move comes amid improving market sentiment after a ceasefire agreement between Israel and Iran helped ease geopolitical tensions, while broader macroeconomic conditions remain in flux.
This recent bounce has placed Ethereum back into a critical technical zone, where bulls are once again attempting to reclaim control. After spending much of May and June in a sideways range, ETH is showing signs of renewed strength, fueling optimism that the next decisive move could be to the upside.
Top analyst Mister Crypto shared a bullish technical outlook, highlighting that
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