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🚨 #Ethereum Is Quietly Rebuilding Strength
$ETH is beginning to show signs of structural recovery after weeks of uncertainty. Price has now reclaimed the daily 30MA and continues compressing directly below the major resistance cluster around the $2.35K zone, where both the 1H and 4H 200MA are sitting.
This area is extremely important because it will likely decide whether ETH enters a larger continuation move or faces another rejection.
What’s interesting right now is that Ethereum is holding relatively stable even while BTC dominance remains above 60%. Normally, high BTC dominance creates pressure on altcoins, but ETH is still maintaining strength instead of collapsing — which signals that selling pressure may slowly be exhausting.
ETF inflows are still not strong enough to fully confirm a bullish expansion phase yet, but the market structure is definitely improving compared to previous weeks.
The key level remains: 📌 $2.35K – $2.40K
If bulls successfully flip this resistance into support, market attention could quickly rotate back toward large-cap altcoins and trigger stronger momentum across the broader alt market.
For now, ETH is no longer showing panic behavior — it’s showing controlled accumulation.
$ETH #GateSquareMayTradingShare