Ethereum(ETH) is currently at a critical moment, with the price approaching the important resistance level of $2,575. Multiple factors suggest that a significant breakthrough may be imminent. Currently, the trading price of ETH hovers around $2,517, and market analysts generally hold an optimistic outlook, expecting it to continue to pump.

Recently, the U.S. government announced that the announcement of the tariff decision would be postponed to August 1. This move is seen as one of the favorable factors that may provide some breathing room for risk assets like ETH.

Interestingly, the current market situation is remarkably similar to the rebound in May 2025. At that time, Ethereum experienced several weeks of consolidation before suddenly showing a strong pump candle. Many traders believe that history may be repeating itself.

In addition, the rebound of Coinbase stock may also have a positive impact on Ethereum. These two assets have shown strong correlation during past volatility cycles, and the rise of Coinbase could trigger a synchronous rebound of Ethereum.

From a technical perspective, Ethereum has been in a downtrend since its high of $4,200. However, after bottoming out around $1,300, the price has started to slowly rise. During this period, several consolidation areas have formed, which is typically interpreted as an accumulation phase rather than a distribution phase.

Currently, Ethereum is approaching the key resistance level of $2,575, showing strong momentum. If it can effectively break through and stabilize at this level, it may trigger more buying interest, driving the price to rise further. Some analysts even predict that this could lead to Ether quickly climbing to $3,500.

With low volatility and sustained upward momentum as support, a rise of 15%-20% in the next week is not impossible. However, investors also need to remain vigilant; if Ethereum fails to break through and stay above $2,650, it may pull back to around $2,450 for further consolidation.

As market attention increases, the trend of Ethereum will continue to affect the nerves of cryptocurrency investors. Whether spot or contract traders, they need to closely monitor the breakout situation of this key price range in order to adjust their investment strategies in a timely manner.