Ethereum Recovers Local Range Compared to BTC: Can Buyers Target a Higher Range?

Ethereum is holding steady above important support levels as buyers attempt to reclaim the $1,850 zone. Price action remains cautious, as ongoing global trade conflicts and worsening macroeconomic conditions continue to pressure investor sentiment across all markets. Ongoing trade tensions between the United States and China, combined with weak economic indicators, have created a challenging environment for risky assets like cryptocurrencies. However, despite these obstacles, Ethereum has shown signs of recovery. Some analysts explain the recent rise in ETH prices as a positive change that could lead to sustainable upward momentum if key resistance levels are broken. Top analyst Daan recently shared insightful observations on the ETH/BTC chart, emphasizing that Ethereum had a strong start last week, showing significant strength compared to Bitcoin. This move immediately lifted a range of altcoins higher, signaling an increasing risk appetite among investors. Daan highlighted that Ethereum's ability to reclaim its local range is an encouraging development, and a continued upward move could set the stage for a broader recovery across the entire altcoin sector. Ethereum is building momentum Ethereum is beginning to show early signs of a bullish structure forming on lower time frames, bringing hope to investors after weeks of instability. Bulls are continuously attempting to reclaim higher resistance levels, although selling pressure remains a real threat. The battle for control is becoming more intense, with analysts divided into two scenarios: a major breakout towards much higher targets or a failed breakout that could push ETH below the important support level of $1,300. Daan shares a technical perspective showing that Ethereum had a strong start last week, regaining strength against Bitcoin. This move is significant as it immediately activates strength across many altcoins, a classic signal indicating that sentiment may be changing across the entire cryptocurrency market. Daan explains that Ethereum has regained its local range, an important development.

The next target for the bulls is to push ETH up to a high within the zone and reclaim the 200 MA and 4-hour EMA. Achieving this goal will mark the beginning of a potential higher timeframe reversal, reversing the situation in favor of buyers. Daan also emphasizes that if ETH can continue to build momentum from here, it could ignite another strong altcoin rally, amplifying the impact across the entire market. Support level Ethereum is currently trading at $1,800 after experiencing several hours of tight fluctuations between $1,850 and $1,725. Despite the uncertain macroeconomic backdrop, ETH has maintained short-term strength by holding above the 200 MA and 4-hour EMA, two important technical indicators that serve as dynamic support throughout the recent price action.

The consolidation within this range signals that the buyers are effectively defending the important levels, but they still need a catalyst to trigger the next significant move. Maintaining above the 200 MA and the 4-hour EMA indicates that the momentum is still favorable for buyers at this moment, and any increase above $1,850 could open the door for a larger bullish move. However, global tensions and weakening economic indicators continue to weigh on sentiment, making next week crucial for clarity. If the broader market stabilizes or Bitcoin continues to move towards new highs, Ethereum could benefit and extend the recovery process. On the other hand, if it cannot hold above $1,725, ETH will face new selling pressure and may retest lower support zones. Currently, the bulls are still in control, but caution is key as Ethereum approaches a critical moment.