Ethereum has demonstrated remarkable strength in recent trading, forming a clear uptrend with higher lows and higher highs while reclaiming the critical $2,550 pivot level.

The price action shows a convincing rebound from the $2,470-$2,495 demand zone, though technical indicators suggest caution as ETH approaches the significant $2,800 resistance level where on-chain data reveals a cluster of investor cost basis that could increase selling pressure.

Global economic tensions and ongoing trade disputes continue to cast shadows over crypto markets, yet Ethereum's resilience stands out amid the uncertainty.

Technical Analysis Highlights

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