Ethereum Reclaims $2,500 as Resistance Lurks Above

Ethereum has reclaimed $2,500 after falling to an intraday low near $2,434.

The rebound replaces the original below-$2,500 narrative, but Ethereum still faces resistance near $2,518 and $2,550.

To improve the short-term structure, ETH must first clear the intraday high around $2,518. A sustained move above $2,550 could support a test of $2,600.

Ethereum retains a broad utility base as a leading settlement layer for stablecoins, decentralized finance, tokenized assets, and layer-two networks.