ETH Maintains $2,500 Support in Sideways Market

Ethereum is showing notable stability, holding the key support area around $2,500. Over the past 24 hours, ETH traded between $2,488 and $2,525, forming a narrow consolidation range. Analysts view the low trading volume within this zone as a sign of accumulation, where long-term investors quietly absorb selling pressure.

A recent sharp dip to $2,455 was quickly reversed, forming a V-shaped recovery back toward $2,517. This response from buyers highlights that $2,490 to $2,500 is acting as a strong floor in the current market.

Golden Cross Signal Builds

Traders are closely watching a possible golden cross on the daily chart. This occurs when the 50-day moving average crosses above the 200-day average and is often interpreted as a signal for trend reversal or continuation to the upside.

Although the crossover has not yet occurred, its potential is adding to growing optimism. A confirmed break above $2,525 could pave the way for a retest of the $2,800 resistance level. Above that, the next major psychological target sits at $3,000.

Staking Hits New Record, Reducing Supply

Ethereum staking continues to gain traction. Over 35 million ETH are now locked in staking contracts. This represents a significant portion of the circulating supply and reduces the amount of ETH available for trading.

This shrinking liquid supply, combined with rising demand, could fuel a future price rally. For investors, the increase in locked ETH signals long-term confidence in Ethereum’s future, despite short-term volatility.

ETH Performance Compared to BTC and SOL

The ETHBTC pair is currently trading at 0.0233, down slightly by 0.08 percent. This suggests that Bitcoin has gained slightly more strength over the short term.

Meanwhile, Solana is outperforming Ethereum. The SOLETH trading pair has gained 2.6 percent, moving to 0.068. Solana’s native token is trading near $147 and appears to be attracting short-term capital flow. This rotation into high-beta altcoins may continue if Ethereum remains in consolidation.

Outlook

Ethereum is holding its ground technically and fundamentally. The $2,500 support level remains intact. Volume patterns suggest accumulation. The golden cross setup is approaching, and the rise in staked ETH continues to tighten supply.

For bullish continuation, traders will look for a clean break above $2,525 with stronger volume. A move toward $2,800 could follow. Until then, the market appears to be preparing for its next significant direction.