Ethereum: Trader Eyes Breakout Above $2575

Michaël van de Poppe wants to see Ethereum deliver a decisive move above $2575 before declaring the next leg higher, noting the asset trades calmly beneath critical resistance levels.

Price sits at $2506 inside the Bollinger Bands with the upper band at $2537 acting as immediate resistance while the 50-EMA at $2572 and 200-EMA at $2583 form the next cluster of overhead supply in a still-bearish structure; the neutral RSI at 40.78 combined with the MACD golden cross suggests momentum is building but lacks conviction until price clears that $2575 zone and reclaims the EMAs.