Top analysts are predicting that Ethereum could trigger a bull rally if it surpasses the critical resistance of $2,330. Currently trading above $1,500, Ethereum has been consolidating without substantial catalysts for growth. Conversely, Bitcoin has recently surged past $87,000, reflecting investor behaviour amidst economic uncertainty.
As Bitcoin approaches the $90,000 threshold, Ethereum is currently experiencing consolidation, trading above $1,500. This differing momentum has prompted analysts to speculate on Ethereum’s future, especially in light of Bitcoin’s bullish performance, fuelling discussions about potential price movements.
Analyst Ali Martinez has indicated that Ethereum may initiate a significant bull run if it surpasses the key resistance level of $2,330. He suggests that breaking through this barrier could rekindle investor interest and propel ETH prices considerably higher. In recent trading, however, Ethereum has been confined to a narrow range between $1,500 and $1,650, lacking sufficient catalysts for upward movement.
Ethereum’s bulls are now particularly focused on the $1,600 level, which stands as an immediate resistance point. Market expert TedPillows has noted that Ethereum recently broke a downtrend, the first time since February 2025, suggesting potential shifts in market sentiment. Holding above $1,600 may allow ETH to reach the $2,000 mark by April.
Nevertheless, some analysts, like Crypto Fella, caution against the risks of Ethereum’s stagnation. They highlight that without a swift upward trajectory, failure to breach nearby resistance could lead to a decrease towards $1,200, marking a precarious position for the altcoin.
Conversely, Bitcoin’s performance illustrates a strong upward trend, surpassing $87,000. Nicholas Roberts-Huntley, CEO of Concrete and Glow Finance, interprets this surge as a reflection of investors gravitating towards decentralized assets amid inflation worries and economic uncertainty. This trend is compounded by political tensions, particularly surrounding actions involving Federal Reserve Chair Jerome Powell.
Youwei Yang, Chief Economist at BIT Mining, provided additional insight into Bitcoin’s reactions during crises. He noted that although Bitcoin behaves like a risk asset initially, it tends to stabilise and function as a safe haven similar to gold as conditions improve.
Currently, Ethereum is trading at $1,584, suffering a weekly decline of over 3%, with a striking 70% drop from its all-time high during the previous bullish phase.
