Ethereum has been gradually forming internal bullish market structures, indicating that bullish price delivery may be starting to regain influence. Given these constructive internal developments, could Ethereum climb to familiar highs in the short-term?

Ethereum technical analysis

ETHUSD - 1 Day Time Frame

The price of Ethereum continues to be capped by a key resistance area .On the attached chart, this decisive resistance zone is highlighted in orange and currently represents the primary factor determining whether the internal bullish structures can transition into a confident buy scenario.

The requirement is clear. A daily close above the orange resistance zone would be needed to validate that the internal bullish structures represent more than a temporary corrective move and instead signal a broader shift in daily momentum. As long as Ethereum trades below this zone, bullish conditions remain unconfirmed, and the market may continue within a wider corrective or unstable phase. This is why the orange resistance acts as the defining boundary between a potential setup and a confirmed one.

Ethereum price target

If Ethereum achieves a daily close above the orange resistance zone, the bullish scenario becomes technically active. In that case, risk management can follow the same structured framework applied across prior analyses. A protective Stop Loss could be positioned below the internal swing low, while potential upside objectives remain aligned with Buy-Side Liquidity levels, which often attract price during bullish continuation phases.

If price fails to close above the orange resistance zone, the setup would remain incomplete. Under those conditions, the internal bullish structures would lack confirmation, the buy thesis would stay invalid, and further downside movement or prolonged consolidation would remain a plausible outcome.

For this reason, the daily close above resistance is not a secondary detail; it is the confirmation trigger that determines whether Ethereum may be ready to transition into a tradable bullish phase or whether additional time is required to further develop the market structure.