Post
Ethereum's dramatic recovery from $2,513 low demonstrates renewed market confidence amid volatility.
www.coindesk.com/markets/2025/05/27/ethereum-surges-4-on-massive-volume-as-institutional-interest-grows
0
0
0
👉 Ethereum has staged an impressive recovery in the past 24 hours, climbing 3.8% amid significant market volatility.
👉 The second-largest cryptocurrency found solid support at $2,530, where exceptional trading volume created a clear bottoming pattern.
👉 A decisive breakout occurred during the 06:00-07:00 hours with massive volume surges exceeding 550,000 ETH.
👉 The price action showed three distinct phases: initial consolidation, powerful breakout, and sustained uptrend.
👉 The $2,600 level is now established as a new support zone with momentum indicators suggesting potential for further upside toward $2,650.
0
0
0